The Manufacturers Life Insurance Company purchased a new stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 42,393 shares of the company’s stock, valued at approximately $1,197,000.
Several other hedge funds have also recently bought and sold shares of OSW. Brown Brothers Harriman & Co. purchased a new position in OneSpaWorld during the 4th quarter valued at about $31,000. Arax Advisory Partners lifted its position in shares of OneSpaWorld by 428.8% in the fourth quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock worth $33,000 after purchasing an additional 1,295 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in shares of OneSpaWorld during the second quarter worth approximately $38,000. Farther Finance Advisors LLC grew 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. increased its stake in OneSpaWorld by 111.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,364 shares of the company’s stock valued at $49,000 after buying an additional 1,244 shares during the period. 95.98% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In related news, Director Walter McLallen sold 10,500 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $24.67, for a total value of $259,035.00. Following the transaction, the director directly owned 137,382 shares of the company’s stock, valued at approximately $3,389,213.94. This trade represents a 7.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Andrew R. Heyer sold 4,781 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $26.07, for a total value of $124,640.67. Following the completion of the sale, the director owned 302,145 shares of the company’s stock, valued at approximately $7,876,920.15. This trade represents a 1.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 90,500 shares of company stock valued at $2,363,762. 3.60% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on OSW
OneSpaWorld Stock Performance
Shares of OSW opened at $22.40 on Friday. The firm has a market cap of $2.27 billion, a price-to-earnings ratio of 28.35 and a beta of 0.90. The company’s fifty day moving average is $26.24 and its 200-day moving average is $24.53. The company has a quick ratio of 1.93, a current ratio of 2.91 and a debt-to-equity ratio of 0.14. OneSpaWorld Holdings Limited has a 12 month low of $19.06 and a 12 month high of $29.25.
OneSpaWorld (NASDAQ:OSW – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. The firm had revenue of $261.25 million during the quarter, compared to analysts’ expectations of $260.93 million. OneSpaWorld had a net margin of 8.02% and a return on equity of 18.36%. OneSpaWorld’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.19 earnings per share. Equities analysts expect that OneSpaWorld Holdings Limited will post 1.05 EPS for the current fiscal year.
OneSpaWorld Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th were given a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.9%. OneSpaWorld’s payout ratio is currently 25.32%.
OneSpaWorld Company Profile
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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