Royce & Associates LP Has $3.74 Million Stock Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Royce & Associates LP grew its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 35.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 188,000 shares of the company’s stock after buying an additional 49,000 shares during the quarter. Royce & Associates LP’s holdings in OneSpaWorld were worth $3,741,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Lord Abbett & CO. LLC increased its stake in shares of OneSpaWorld by 53.5% in the third quarter. Lord Abbett & CO. LLC now owns 615,730 shares of the company’s stock valued at $10,166,000 after buying an additional 214,557 shares in the last quarter. State Street Corp increased its position in OneSpaWorld by 3.0% in the third quarter. State Street Corp now owns 2,148,522 shares of the company’s stock worth $35,472,000 after purchasing an additional 61,568 shares during the period. Geode Capital Management LLC increased its position in OneSpaWorld by 6.2% in the third quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company’s stock worth $39,869,000 after purchasing an additional 141,578 shares during the period. Victory Capital Management Inc. increased its position in OneSpaWorld by 55.6% in the third quarter. Victory Capital Management Inc. now owns 92,005 shares of the company’s stock worth $1,519,000 after purchasing an additional 32,888 shares during the period. Finally, Barclays PLC increased its position in OneSpaWorld by 177.8% in the third quarter. Barclays PLC now owns 198,549 shares of the company’s stock worth $3,278,000 after purchasing an additional 127,074 shares during the period. 95.98% of the stock is currently owned by institutional investors and hedge funds.

OneSpaWorld Price Performance

Shares of OSW opened at $17.53 on Thursday. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. OneSpaWorld Holdings Limited has a 1 year low of $11.98 and a 1 year high of $23.01. The stock has a market cap of $1.83 billion, a P/E ratio of 25.04 and a beta of 2.11. The stock’s 50-day moving average price is $19.83 and its two-hundred day moving average price is $18.68.

OneSpaWorld Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th will be issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend is Wednesday, March 12th. OneSpaWorld’s dividend payout ratio (DPR) is currently 22.86%.

Analyst Ratings Changes

A number of brokerages recently commented on OSW. Truist Financial lifted their price objective on OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. Stifel Nicolaus lifted their price objective on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th.

OneSpaWorld 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.