Moran Wealth Management LLC Has $4.14 Million Stock Position in OneSpaWorld Holdings Limited $OSW

Moran Wealth Management LLC raised its stake in OneSpaWorld Holdings Limited (NASDAQ:OSWFree Report) by 318.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 180,220 shares of the company’s stock after acquiring an additional 137,148 shares during the quarter. Moran Wealth Management LLC’s holdings in OneSpaWorld were worth $4,136,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of OSW. New York State Teachers Retirement System acquired a new position in shares of OneSpaWorld in the first quarter valued at approximately $529,000. Keybank National Association OH lifted its holdings in OneSpaWorld by 6.3% during the 1st quarter. Keybank National Association OH now owns 24,455 shares of the company’s stock worth $561,000 after purchasing an additional 1,456 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in OneSpaWorld by 68.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 37,997 shares of the company’s stock worth $872,000 after purchasing an additional 15,391 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its stake in OneSpaWorld by 13.4% in the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 26,001 shares of the company’s stock valued at $597,000 after purchasing an additional 3,065 shares during the period. Finally, Louisiana State Employees Retirement System bought a new stake in OneSpaWorld in the 1st quarter valued at $1,037,000. 95.98% of the stock is currently owned by institutional investors and hedge funds.

OneSpaWorld Stock Performance

Shares of NASDAQ:OSW opened at $28.68 on Friday. The company has a market capitalization of $2.91 billion, a P/E ratio of 38.24 and a beta of 0.90. OneSpaWorld Holdings Limited has a 1 year low of $19.06 and a 1 year high of $29.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.52 and a quick ratio of 1.40. The business’s 50 day simple moving average is $25.16 and its 200 day simple moving average is $22.95.

OneSpaWorld (NASDAQ:OSWGet Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.02. The firm had revenue of $247.63 million during the quarter, compared to analysts’ expectations of $244.51 million. OneSpaWorld had a return on equity of 18.00% and a net margin of 7.85%.The company’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.15 EPS. On average, research analysts anticipate that OneSpaWorld Holdings Limited will post 1.07 EPS for the current fiscal year.

OneSpaWorld Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th were given a $0.05 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.7%. OneSpaWorld’s dividend payout ratio (DPR) is presently 26.67%.

Analyst Ratings Changes

OSW has been the topic of several recent research reports. Wall Street Zen cut OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. TD Cowen boosted their target price on shares of OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Jefferies Financial Group upped their price target on shares of OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Weiss Ratings raised shares of OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Finally, Truist Financial raised their price target on shares of OneSpaWorld from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $29.20.

View Our Latest Analysis on OneSpaWorld

Insider Transactions at OneSpaWorld

In other OneSpaWorld news, Director Walter Field Mclallen sold 10,500 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $24.67, for a total transaction of $259,035.00. Following the sale, the director directly owned 137,382 shares in the company, valued at $3,389,213.94. This represents a 7.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Andrew R. Heyer sold 20,000 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $26.04, for a total transaction of $520,800.00. Following the completion of the transaction, the director directly owned 489,817 shares in the company, valued at approximately $12,754,834.68. This represents a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.60% of the stock is owned by insiders.

About OneSpaWorld

(Free Report)

OneSpaWorld Holdings Ltd is a global provider of spa and wellness services, catering primarily to the cruise line, hospitality and venue-based leisure industries. The company designs and operates on-board spa facilities, salon services and retail boutiques, offering treatments such as massage, facial and body therapies, nail care, hair styling and aesthetic enhancements. Additionally, OneSpaWorld provides program consulting, management, training and product distribution services to its partners, enabling tailored spa experiences across diverse passenger and guest demographics.

OneSpaWorld’s core operations span major cruise lines—such as Carnival Corporation, Royal Caribbean Group, MSC Cruises and Virgin Voyages—as well as luxury resort and hotel brands.

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Institutional Ownership by Quarter for OneSpaWorld (NASDAQ:OSW)

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