OneSpaWorld Holdings Limited $OSW Shares Bought by DAVENPORT & Co LLC

DAVENPORT & Co LLC grew its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 0.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,921,094 shares of the company’s stock after acquiring an additional 9,153 shares during the quarter. DAVENPORT & Co LLC’s holdings in OneSpaWorld were worth $39,243,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Amalgamated Bank grew its holdings in shares of OneSpaWorld by 22.2% in the first quarter. Amalgamated Bank now owns 3,479 shares of the company’s stock valued at $58,000 after purchasing an additional 631 shares during the period. Virtus Advisers LLC acquired a new stake in shares of OneSpaWorld during the 1st quarter worth approximately $67,000. Smartleaf Asset Management LLC increased its stake in OneSpaWorld by 27.9% during the first quarter. Smartleaf Asset Management LLC now owns 6,608 shares of the company’s stock worth $109,000 after acquiring an additional 1,443 shares during the last quarter. GAMMA Investing LLC raised its position in OneSpaWorld by 2,005.8% in the first quarter. GAMMA Investing LLC now owns 8,697 shares of the company’s stock valued at $146,000 after purchasing an additional 8,284 shares during the period. Finally, MQS Management LLC purchased a new stake in OneSpaWorld in the first quarter valued at $185,000. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on OSW. Weiss Ratings reissued a “buy (b)” rating on shares of OneSpaWorld in a research report on Saturday, September 27th. Wall Street Zen cut shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Friday, September 26th. William Blair reissued an “outperform” rating on shares of OneSpaWorld in a research note on Wednesday, July 23rd. Stifel Nicolaus increased their price objective on shares of OneSpaWorld from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Finally, Truist Financial boosted their target price on OneSpaWorld from $19.00 to $21.00 and gave the company a “buy” rating in a research report on Monday, June 9th. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $22.67.

Insider Activity

In related news, Director Andrew R. Heyer sold 31,289 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $21.59, for a total value of $675,529.51. Following the sale, the director owned 332,145 shares of the company’s stock, valued at $7,171,010.55. This trade represents a 8.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Glenn Fusfield sold 23,116 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $21.57, for a total transaction of $498,612.12. Following the transaction, the director owned 151,799 shares of the company’s stock, valued at $3,274,304.43. This trade represents a 13.22% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 235,763 shares of company stock valued at $5,202,595 in the last quarter. Company insiders own 3.90% of the company’s stock.

OneSpaWorld Trading Up 1.2%

Shares of OSW stock opened at $20.93 on Monday. OneSpaWorld Holdings Limited has a fifty-two week low of $14.21 and a fifty-two week high of $23.28. The company has a 50 day moving average price of $21.97 and a 200 day moving average price of $19.95. The stock has a market capitalization of $2.15 billion, a P/E ratio of 30.78 and a beta of 1.29. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.19 and a current ratio of 1.88.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. OneSpaWorld had a net margin of 7.74% and a return on equity of 15.93%. The company had revenue of $240.73 million during the quarter, compared to analysts’ expectations of $238.28 million. During the same quarter last year, the company posted $0.20 EPS. The firm’s revenue was up 7.0% compared to the same quarter last year. OneSpaWorld has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts predict that OneSpaWorld Holdings Limited will post 0.9 EPS for the current fiscal year.

OneSpaWorld Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Wednesday, August 20th were given a $0.04 dividend. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a $0.16 dividend on an annualized basis and a yield of 0.8%. OneSpaWorld’s dividend payout ratio (DPR) is currently 23.53%.

OneSpaWorld Company Profile

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.