Madison Asset Management LLC Decreases Stock Holdings in OneSpaWorld Holdings Limited $OSW

Madison Asset Management LLC trimmed its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 16.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 156,572 shares of the company’s stock after selling 30,546 shares during the quarter. Madison Asset Management LLC owned about 0.15% of OneSpaWorld worth $3,247,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. First Trust Advisors LP lifted its position in shares of OneSpaWorld by 45.6% during the third quarter. First Trust Advisors LP now owns 3,088,830 shares of the company’s stock valued at $65,298,000 after buying an additional 966,889 shares during the last quarter. American Century Companies Inc. lifted its position in shares of OneSpaWorld by 2.7% during the third quarter. American Century Companies Inc. now owns 3,055,737 shares of the company’s stock valued at $64,598,000 after buying an additional 79,259 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of OneSpaWorld by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 3,017,136 shares of the company’s stock valued at $62,575,000 after buying an additional 89,191 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of OneSpaWorld by 0.4% during the second quarter. Raymond James Financial Inc. now owns 2,525,357 shares of the company’s stock valued at $51,492,000 after buying an additional 10,807 shares during the last quarter. Finally, Champlain Investment Partners LLC lifted its position in shares of OneSpaWorld by 16.5% during the third quarter. Champlain Investment Partners LLC now owns 1,538,421 shares of the company’s stock valued at $32,522,000 after buying an additional 218,401 shares during the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

OSW has been the subject of several analyst reports. Truist Financial increased their price target on shares of OneSpaWorld from $24.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Stifel Nicolaus decreased their price objective on shares of OneSpaWorld from $27.00 to $26.00 and set a “buy” rating for the company in a research report on Thursday, January 15th. Wall Street Zen raised shares of OneSpaWorld from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. 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, TD Cowen increased their price objective 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. One equities research 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. Based on data from MarketBeat, OneSpaWorld currently has an average rating of “Buy” and an average price target of $27.60.

OneSpaWorld Price Performance

Shares of NASDAQ:OSW opened at $23.29 on Thursday. The company has a market cap of $2.36 billion, a PE ratio of 31.05 and a beta of 0.95. OneSpaWorld Holdings Limited has a twelve month low of $18.19 and a twelve month high of $25.75. The company’s 50 day moving average is $23.02 and its 200 day moving average is $21.76. The company has a current ratio of 2.52, a quick ratio of 1.40 and a debt-to-equity ratio of 0.15.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.02. The business had revenue of $247.63 million for the quarter, compared to analysts’ expectations of $244.51 million. OneSpaWorld had a net margin of 7.85% and a return on equity of 18.00%. The business’s revenue was up 12.8% on a year-over-year basis. During the same quarter last year, the company earned $0.15 EPS. On average, sell-side analysts forecast that OneSpaWorld Holdings Limited will post 1.07 EPS for the current year.

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.9%. OneSpaWorld’s dividend payout ratio (DPR) is presently 26.67%.

About OneSpaWorld

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.