Neumeier Poma Investment Counsel LLC Sells 23,665 Shares of OneSpaWorld Holdings Limited $OSW

Neumeier Poma Investment Counsel LLC reduced its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 1.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,347,742 shares of the company’s stock after selling 23,665 shares during the quarter. OneSpaWorld comprises about 2.3% of Neumeier Poma Investment Counsel LLC’s portfolio, making the stock its 20th largest holding. Neumeier Poma Investment Counsel LLC’s holdings in OneSpaWorld were worth $27,952,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of OSW. AQR Capital Management LLC lifted its stake in shares of OneSpaWorld by 41.4% during the 1st quarter. AQR Capital Management LLC now owns 25,286 shares of the company’s stock worth $425,000 after acquiring an additional 7,398 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of OneSpaWorld by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,779 shares of the company’s stock worth $1,004,000 after acquiring an additional 2,612 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of OneSpaWorld by 50.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,015 shares of the company’s stock worth $3,577,000 after acquiring an additional 71,420 shares during the last quarter. Intech Investment Management LLC lifted its stake in shares of OneSpaWorld by 80.7% during the 1st quarter. Intech Investment Management LLC now owns 92,702 shares of the company’s stock worth $1,556,000 after acquiring an additional 41,391 shares during the last quarter. Finally, Prudential Financial Inc. bought a new stake in shares of OneSpaWorld during the 2nd quarter worth approximately $213,000. 95.98% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

OSW has been the subject of a number of research analyst reports. Zacks Research raised OneSpaWorld from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Wall Street Zen lowered OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Jefferies Financial Group initiated coverage on OneSpaWorld in a research note on Tuesday, March 24th. They set a “buy” rating and a $30.00 price target for the company. Truist Financial raised their price target on OneSpaWorld from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Finally, TD Cowen raised their price target on OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, OneSpaWorld has an average rating of “Buy” and an average price target of $28.20.

OneSpaWorld Trading Up 1.3%

OSW opened at $24.00 on Friday. The stock’s fifty day moving average is $23.92 and its two-hundred day moving average is $21.99. The company has a market capitalization of $2.43 billion, a P/E ratio of 32.00 and a beta of 0.92. OneSpaWorld Holdings Limited has a 52 week low of $18.43 and a 52 week high of $25.75. The company has a quick ratio of 1.40, a current ratio of 2.52 and a debt-to-equity ratio of 0.15.

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

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.8%. The ex-dividend date was Wednesday, May 20th. OneSpaWorld’s dividend payout ratio (DPR) is presently 26.67%.

OneSpaWorld Profile

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.