139,000 Shares in OneSpaWorld Holdings Limited (NASDAQ:OSW) Purchased by Royce & Associates LP

Royce & Associates LP bought a new stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 139,000 shares of the company’s stock, valued at approximately $2,295,000. Royce & Associates LP owned 0.13% of OneSpaWorld as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Quarry LP raised its stake in shares of OneSpaWorld by 178.9% during the second quarter. Quarry LP now owns 4,306 shares of the company’s stock valued at $66,000 after purchasing an additional 2,762 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of OneSpaWorld by 13,242.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company’s stock worth $174,000 after acquiring an additional 11,256 shares during the period. ProShare Advisors LLC increased its stake in shares of OneSpaWorld by 8.5% during the first quarter. ProShare Advisors LLC now owns 14,997 shares of the company’s stock valued at $198,000 after acquiring an additional 1,181 shares during the period. Morse Asset Management Inc bought a new stake in OneSpaWorld during the second quarter worth approximately $200,000. Finally, Principal Financial Group Inc. lifted its position in OneSpaWorld by 20.9% in the second quarter. Principal Financial Group Inc. now owns 13,572 shares of the company’s stock worth $209,000 after purchasing an additional 2,350 shares during the period. Institutional investors own 95.98% of the company’s stock.

Insider Activity

In related news, CFO Stephen Lazarus sold 8,271 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $16.75, for a total value of $138,539.25. Following the completion of the sale, the chief financial officer now owns 726,920 shares in the company, valued at approximately $12,175,910. This represents a 1.13 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Andrew R. Heyer sold 75,000 shares of OneSpaWorld stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $18.68, for a total transaction of $1,401,000.00. Following the transaction, the director now owns 545,432 shares in the company, valued at approximately $10,188,669.76. The trade was a 12.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 319,810 shares of company stock valued at $5,644,816 over the last three months. Insiders own 5.00% of the company’s stock.

Wall Street Analyst Weigh In

Separately, TD Cowen boosted their price objective on OneSpaWorld from $16.00 to $19.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st.

OneSpaWorld Trading Up 0.5 %

OneSpaWorld stock opened at $18.78 on Wednesday. The firm has a market cap of $1.95 billion, a price-to-earnings ratio of 38.33 and a beta of 2.13. OneSpaWorld Holdings Limited has a 1 year low of $11.28 and a 1 year high of $19.61. The firm’s 50 day moving average price is $17.28 and its two-hundred day moving average price is $16.09. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84.

OneSpaWorld Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date of this dividend is Wednesday, November 20th. OneSpaWorld’s dividend payout ratio (DPR) is presently 32.65%.

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.