Versor Investments LP Makes New Investment in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Versor Investments LP purchased a new position in OneSpaWorld Holdings Limited (NASDAQ:OSW) in the third quarter, HoldingsChannel reports. The institutional investor purchased 27,200 shares of the company’s stock, valued at approximately $449,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Principal Financial Group Inc. raised its stake in shares of OneSpaWorld by 144.2% in the third quarter. Principal Financial Group Inc. now owns 33,137 shares of the company’s stock worth $547,000 after purchasing an additional 19,565 shares during the last quarter. Emerald Advisers LLC increased its holdings in OneSpaWorld by 3.7% in the 3rd quarter. Emerald Advisers LLC now owns 65,498 shares of the company’s stock worth $1,081,000 after buying an additional 2,310 shares during the period. Pinnacle Associates Ltd. raised its position in OneSpaWorld by 3.6% during the 3rd quarter. Pinnacle Associates Ltd. now owns 2,374,959 shares of the company’s stock worth $39,211,000 after buying an additional 82,618 shares during the last quarter. Semanteon Capital Management LP lifted its stake in OneSpaWorld by 66.9% during the 3rd quarter. Semanteon Capital Management LP now owns 65,080 shares of the company’s stock valued at $1,074,000 after acquiring an additional 26,084 shares during the period. Finally, Creative Planning boosted its holdings in shares of OneSpaWorld by 5.8% in the 3rd quarter. Creative Planning now owns 74,409 shares of the company’s stock valued at $1,228,000 after acquiring an additional 4,071 shares during the last quarter. Hedge funds and other institutional investors own 95.98% of the company’s stock.

OneSpaWorld Stock Down 2.7 %

Shares of OSW stock opened at $18.79 on Friday. OneSpaWorld Holdings Limited has a twelve month low of $11.13 and a twelve month high of $19.61. The stock has a market cap of $1.95 billion, a P/E ratio of 39.41 and a beta of 2.13. The stock has a 50 day moving average of $17.01 and a 200 day moving average of $15.94. 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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th will be paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend is Wednesday, November 20th. OneSpaWorld’s dividend payout ratio is currently 32.65%.

Analyst Upgrades and Downgrades

Separately, TD Cowen raised their target price on shares of OneSpaWorld from $16.00 to $19.00 and gave the stock a “buy” rating in a report on Thursday, August 1st.

Insider Buying and Selling

In related news, Director Andrew R. Heyer sold 75,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $18.68, for a total value of $1,401,000.00. Following the completion of the transaction, the director now owns 545,432 shares of the company’s stock, valued at approximately $10,188,669.76. This represents a 12.09 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Stephen Lazarus sold 65,906 shares of the stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $18.51, for a total value of $1,219,920.06. Following the transaction, the chief financial officer now owns 490,675 shares in the company, valued at $9,082,394.25. This represents a 11.84 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 319,810 shares of company stock valued at $5,644,816. Corporate insiders own 5.00% of the company’s stock.

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.