OneSpaWorld Holdings Limited (NASDAQ:OSW) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC cut its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 2.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 83,554 shares of the company’s stock after selling 2,037 shares during the period. SG Americas Securities LLC owned about 0.08% of OneSpaWorld worth $1,663,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in OSW. Envestnet Asset Management Inc. increased its stake in OneSpaWorld by 3.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 125,675 shares of the company’s stock worth $1,932,000 after buying an additional 3,981 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in OneSpaWorld by 1.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,449,472 shares of the company’s stock valued at $37,647,000 after purchasing an additional 29,991 shares during the last quarter. Sei Investments Co. purchased a new position in OneSpaWorld in the 2nd quarter valued at $668,000. Marshall Wace LLP boosted its stake in OneSpaWorld by 92.1% during the 2nd quarter. Marshall Wace LLP now owns 444,911 shares of the company’s stock worth $6,838,000 after purchasing an additional 213,328 shares during the last quarter. Finally, Cubist Systematic Strategies LLC grew its holdings in shares of OneSpaWorld by 799.6% during the second quarter. Cubist Systematic Strategies LLC now owns 84,236 shares of the company’s stock worth $1,295,000 after buying an additional 74,872 shares in the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at OneSpaWorld

In other news, Director Walter Field Mclallen sold 18,000 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $20.40, for a total value of $367,200.00. Following the transaction, the director now directly owns 170,917 shares in the company, valued at approximately $3,486,706.80. This represents a 9.53 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Andrew R. Heyer sold 75,000 shares of the firm’s stock in a transaction on 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 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 ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 158,906 shares of company stock worth $2,988,120. Insiders own 5.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Stifel Nicolaus upped their price objective on shares of OneSpaWorld from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Wednesday, January 15th. Truist Financial boosted their target price on OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a report on Tuesday, December 3rd.

OneSpaWorld Trading Up 0.0 %

Shares of OSW opened at $20.04 on Monday. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. The firm has a 50-day moving average price of $19.56 and a 200 day moving average price of $17.59. OneSpaWorld Holdings Limited has a 12-month low of $11.98 and a 12-month high of $20.57. The firm has a market capitalization of $2.08 billion, a P/E ratio of 40.90 and a beta of 2.10.

OneSpaWorld Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th were given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.80%. The ex-dividend date was Wednesday, November 20th. OneSpaWorld’s payout ratio is presently 32.65%.

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.