Susquehanna International Group LLP Sells 55,590 Shares of OneSpaWorld Holdings Limited $OSW

Susquehanna International Group LLP cut its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSWFree Report) by 63.9% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 31,466 shares of the company’s stock after selling 55,590 shares during the period. Susquehanna International Group LLP’s holdings in OneSpaWorld were worth $889,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of OSW. Brown Brothers Harriman & Co. bought a new stake in OneSpaWorld during the 4th quarter valued at $31,000. Arax Advisory Partners raised its position in shares of OneSpaWorld by 428.8% in the 4th quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock worth $33,000 after acquiring an additional 1,295 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in shares of OneSpaWorld during the 2nd quarter worth $38,000. Farther Finance Advisors LLC boosted its position in OneSpaWorld by 325.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company’s stock valued at $40,000 after purchasing an additional 1,478 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its position in OneSpaWorld by 111.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,364 shares of the company’s stock valued at $49,000 after purchasing an additional 1,244 shares in the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

OneSpaWorld Stock Performance

NASDAQ OSW opened at $25.26 on Monday. The company has a fifty day simple moving average of $26.73 and a two-hundred day simple moving average of $24.54. The stock has a market cap of $2.56 billion, a P/E ratio of 31.97 and a beta of 0.91. OneSpaWorld Holdings Limited has a 12-month low of $19.06 and a 12-month high of $29.25. The company has a current ratio of 2.91, a quick ratio of 1.93 and a debt-to-equity ratio of 0.14.

OneSpaWorld (NASDAQ:OSWGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01. The business had revenue of $261.25 million during the quarter, compared to the consensus estimate of $260.93 million. OneSpaWorld had a net margin of 8.02% and a return on equity of 18.36%. The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.19 earnings per share. On average, analysts forecast that OneSpaWorld Holdings Limited will post 1.05 earnings per share for the current year.

OneSpaWorld Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.8%. OneSpaWorld’s payout ratio is 25.32%.

Insider Transactions at OneSpaWorld

In related news, Director Andrew R. Heyer sold 4,781 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $26.07, for a total transaction of $124,640.67. Following the completion of the transaction, the director owned 302,145 shares of the company’s stock, valued at $7,876,920.15. This trade represents a 1.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Walter Field Mclallen sold 10,500 shares of OneSpaWorld stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $24.67, for a total value of $259,035.00. Following the transaction, the director owned 137,382 shares of the company’s stock, valued at $3,389,213.94. The trade was a 7.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 90,500 shares of company stock valued at $2,363,762 in the last ninety days. Corporate insiders own 3.60% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on OSW. Wall Street Zen downgraded shares of OneSpaWorld from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Truist Financial boosted their price objective on shares of OneSpaWorld from $28.00 to $29.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Stifel Nicolaus increased their target price on shares of OneSpaWorld from $28.00 to $32.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Weiss Ratings reissued a “buy (b)” rating on shares of OneSpaWorld in a research report on Friday, July 31st. Finally, Jefferies Financial Group raised their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $30.60.

Get Our Latest Research Report on OSW

OneSpaWorld Profile

(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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