Cubist Systematic Strategies LLC Cuts Stock Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Cubist Systematic Strategies LLC lowered its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 82.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,059 shares of the company’s stock after selling 202,345 shares during the period. Cubist Systematic Strategies LLC’s holdings in OneSpaWorld were worth $837,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of OSW. Victory Capital Management Inc. raised its stake in shares of OneSpaWorld by 24.9% in the 4th quarter. Victory Capital Management Inc. now owns 114,940 shares of the company’s stock valued at $2,287,000 after acquiring an additional 22,935 shares during the period. William Blair Investment Management LLC raised its stake in shares of OneSpaWorld by 6.1% in the 4th quarter. William Blair Investment Management LLC now owns 1,802,099 shares of the company’s stock valued at $35,862,000 after acquiring an additional 103,799 shares during the period. Blair William & Co. IL raised its stake in shares of OneSpaWorld by 838.3% in the 4th quarter. Blair William & Co. IL now owns 176,074 shares of the company’s stock valued at $3,504,000 after acquiring an additional 157,309 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of OneSpaWorld by 25.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 147,140 shares of the company’s stock valued at $2,928,000 after acquiring an additional 29,847 shares during the period. Finally, Barclays PLC raised its stake in shares of OneSpaWorld by 177.8% in the 3rd quarter. Barclays PLC now owns 198,549 shares of the company’s stock valued at $3,278,000 after acquiring an additional 127,074 shares during the period. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on OSW. Stifel Nicolaus cut their target price on shares of OneSpaWorld from $25.00 to $21.00 and set a “buy” rating on the stock in a research note on Tuesday, April 8th. TD Securities lowered their price target on shares of OneSpaWorld from $24.00 to $22.00 and set a “buy” rating for the company in a report on Thursday, May 1st. Truist Financial lowered their price target on shares of OneSpaWorld from $22.00 to $19.00 and set a “buy” rating for the company in a report on Tuesday, April 29th. Finally, Cowen reaffirmed a “buy” rating on shares of OneSpaWorld in a report on Thursday, May 1st. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $19.60.

OneSpaWorld Price Performance

Shares of OSW stock opened at $19.31 on Thursday. The firm has a market cap of $2.02 billion, a P/E ratio of 27.59 and a beta of 1.36. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29. OneSpaWorld Holdings Limited has a 1-year low of $14.21 and a 1-year high of $23.01. The firm has a fifty day moving average of $17.27 and a two-hundred day moving average of $18.89.

OneSpaWorld Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.83%. The ex-dividend date is Wednesday, May 21st. OneSpaWorld’s dividend payout ratio is currently 25.00%.

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.