Driehaus Capital Management LLC Reduces Stake in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Driehaus Capital Management LLC lessened its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 1.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,864,398 shares of the company’s stock after selling 18,158 shares during the period. Driehaus Capital Management LLC owned 1.79% of OneSpaWorld worth $37,102,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Global Retirement Partners LLC purchased a new stake in shares of OneSpaWorld in the 4th quarter valued at about $26,000. Signaturefd LLC lifted its stake in OneSpaWorld by 139.9% in the fourth quarter. Signaturefd LLC now owns 1,317 shares of the company’s stock valued at $26,000 after buying an additional 768 shares during the last quarter. USA Financial Formulas acquired a new stake in shares of OneSpaWorld in the fourth quarter valued at approximately $36,000. Aquatic Capital Management LLC purchased a new position in shares of OneSpaWorld during the fourth quarter worth approximately $81,000. Finally, Smartleaf Asset Management LLC increased its holdings in shares of OneSpaWorld by 2,395.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 5,165 shares of the company’s stock valued at $103,000 after acquiring an additional 4,958 shares during the period. Hedge funds and other institutional investors own 95.98% of the company’s stock.

OneSpaWorld Stock Up 1.0 %

Shares of NASDAQ:OSW opened at $18.84 on Friday. The company has a market cap of $1.97 billion, a price-to-earnings ratio of 26.91 and a beta of 1.36. OneSpaWorld Holdings Limited has a fifty-two week low of $14.21 and a fifty-two week high of $23.01. The firm’s 50-day simple moving average is $17.21 and its 200-day simple moving average is $18.83. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18.

OneSpaWorld Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.85%. The ex-dividend date is Wednesday, May 21st. OneSpaWorld’s payout ratio is 25.00%.

Analyst Ratings Changes

OSW has been the subject of a number of recent research reports. Cowen reiterated a “buy” rating on shares of OneSpaWorld in a research note on Thursday, May 1st. TD Securities decreased their target price on shares of OneSpaWorld from $24.00 to $22.00 and set a “buy” rating for the company in a research note on Thursday, May 1st. Truist Financial lowered their price target on OneSpaWorld from $22.00 to $19.00 and set a “buy” rating on the stock in a report on Tuesday, April 29th. Finally, Stifel Nicolaus reduced their price objective on OneSpaWorld from $25.00 to $21.00 and set a “buy” rating for the company in a research note on Tuesday, April 8th. Six investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $19.60.

About OneSpaWorld

OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services.