VIRGINIA RETIREMENT SYSTEMS ET Al Purchases New Stake in OneSpaWorld Holdings Limited $OSW

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 32,500 shares of the company’s stock, valued at approximately $663,000.

Several other large investors have also recently added to or reduced their stakes in the company. Moran Wealth Management LLC increased its position in OneSpaWorld by 1.5% during the 2nd quarter. Moran Wealth Management LLC now owns 37,045 shares of the company’s stock worth $755,000 after buying an additional 543 shares during the period. Amalgamated Bank increased its position in OneSpaWorld by 22.2% during the 1st quarter. Amalgamated Bank now owns 3,479 shares of the company’s stock worth $58,000 after buying an additional 631 shares during the period. Sheets Smith Wealth Management increased its position in OneSpaWorld by 1.9% during the 2nd quarter. Sheets Smith Wealth Management now owns 34,846 shares of the company’s stock worth $711,000 after buying an additional 647 shares during the period. Pinnacle Wealth Management Advisory Group LLC increased its position in OneSpaWorld by 7.3% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 11,945 shares of the company’s stock worth $201,000 after buying an additional 815 shares during the period. Finally, Townsquare Capital LLC increased its position in OneSpaWorld by 0.7% during the 1st quarter. Townsquare Capital LLC now owns 213,191 shares of the company’s stock worth $3,579,000 after buying an additional 1,428 shares during the period. Institutional investors own 95.98% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. William Blair reissued an “outperform” rating on shares of OneSpaWorld in a report on Wednesday, July 23rd. Northcoast Research set a $28.00 target price on OneSpaWorld and gave the stock a “buy” rating in a report on Tuesday, October 7th. Weiss Ratings reissued a “buy (b)” rating on shares of OneSpaWorld in a report on Wednesday, October 8th. Wall Street Zen lowered OneSpaWorld from a “buy” rating to a “hold” rating in a report on Friday, September 26th. Finally, Stifel Nicolaus increased their target price on OneSpaWorld from $23.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $24.00.

Insider Activity

In other OneSpaWorld news, Director Andrew R. Heyer sold 31,289 shares of OneSpaWorld stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $21.59, for a total value of $675,529.51. Following the completion of the sale, the director directly owned 332,145 shares in the company, valued at approximately $7,171,010.55. The trade was a 8.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Glenn Fusfield sold 23,116 shares of OneSpaWorld stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $21.57, for a total value of $498,612.12. Following the completion of the sale, the director owned 151,799 shares of the company’s stock, valued at approximately $3,274,304.43. The trade was a 13.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 235,763 shares of company stock valued at $5,202,595 over the last quarter. Corporate insiders own 3.90% of the company’s stock.

OneSpaWorld Stock Up 1.4%

Shares of NASDAQ OSW opened at $21.23 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.19 and a debt-to-equity ratio of 0.17. The company has a market cap of $2.18 billion, a price-to-earnings ratio of 31.22 and a beta of 1.29. OneSpaWorld Holdings Limited has a 12 month low of $14.21 and a 12 month high of $23.28. The stock has a 50-day moving average price of $21.59 and a two-hundred day moving average price of $20.32.

OneSpaWorld (NASDAQ:OSW) last issued its earnings results on Wednesday, July 30th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.24 by $0.01. The firm had revenue of $240.73 million during the quarter, compared to the consensus estimate of $238.28 million. OneSpaWorld had a return on equity of 15.93% and a net margin of 7.74%.The business’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.20 earnings per share. OneSpaWorld has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts forecast that OneSpaWorld Holdings Limited will post 0.9 earnings per share for the current fiscal year.

OneSpaWorld Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Wednesday, August 20th were given a $0.04 dividend. The ex-dividend date was Wednesday, August 20th. This represents a $0.16 annualized dividend and a yield of 0.8%. OneSpaWorld’s dividend payout ratio (DPR) is currently 23.53%.

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.