Nixon Capital LLC Takes Position in OneSpaWorld Holdings Limited $OSW

Nixon Capital LLC bought a new position in OneSpaWorld Holdings Limited (NASDAQ:OSW) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 891,202 shares of the company’s stock, valued at approximately $25,168,000. OneSpaWorld comprises 7.9% of Nixon Capital LLC’s holdings, making the stock its 5th biggest holding. Nixon Capital LLC owned approximately 0.88% of OneSpaWorld as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of OSW. Brown Brothers Harriman & Co. purchased a new position in OneSpaWorld during the fourth quarter valued at approximately $31,000. Arax Advisory Partners lifted its holdings in OneSpaWorld by 428.8% in the fourth quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock valued at $33,000 after acquiring an additional 1,295 shares during the period. Global Retirement Partners LLC purchased a new stake in OneSpaWorld in the 2nd quarter worth approximately $38,000. Farther Finance Advisors LLC boosted its position in OneSpaWorld by 325.6% in the 4th quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company’s stock worth $40,000 after purchasing an additional 1,478 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its stake in shares of OneSpaWorld by 111.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,364 shares of the company’s stock worth $49,000 after purchasing an additional 1,244 shares during the period. 95.98% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other OneSpaWorld news, Director Walter Field Mclallen sold 10,500 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $24.67, for a total transaction of $259,035.00. Following the transaction, the director directly owned 137,382 shares of the company’s stock, valued at $3,389,213.94. This trade represents a 7.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Andrew R. Heyer sold 25,219 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $26.42, for a total transaction of $666,285.98. Following the sale, the director directly owned 306,926 shares of the company’s stock, valued at $8,108,984.92. This represents a 7.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 90,500 shares of company stock valued at $2,363,762 over the last 90 days. 3.60% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on OSW shares. Wall Street Zen cut shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Stifel Nicolaus raised their price target on shares of OneSpaWorld from $28.00 to $32.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Jefferies Financial Group lifted their price objective on shares of OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a report on Thursday, June 18th. TD Cowen upped their price objective on shares of OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of OneSpaWorld in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $30.60.

OneSpaWorld Stock Up 2.3%

Shares of OSW opened at $26.68 on Friday. The firm has a market cap of $2.71 billion, a P/E ratio of 33.77 and a beta of 0.91. OneSpaWorld Holdings Limited has a 12 month low of $19.06 and a 12 month high of $29.25. The stock’s 50 day moving average is $26.81 and its two-hundred day moving average is $24.32. The company has a current ratio of 2.91, a quick ratio of 1.93 and a debt-to-equity ratio of 0.14.

OneSpaWorld (NASDAQ:OSW) last announced its earnings results on Wednesday, July 29th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.01. OneSpaWorld had a return on equity of 18.36% and a net margin of 8.02%.The business had revenue of $261.25 million during the quarter, compared to the consensus estimate of $260.93 million. During the same period in the prior year, the company posted $0.19 EPS. The business’s quarterly revenue was up 8.5% on a year-over-year basis. Analysts predict that OneSpaWorld Holdings Limited will post 1.05 earnings per share for the current fiscal year.

OneSpaWorld Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th will be given a dividend of $0.05 per share. The ex-dividend date is Wednesday, August 19th. This represents a $0.20 dividend on an annualized basis and a yield of 0.7%. OneSpaWorld’s dividend payout ratio is currently 25.32%.

OneSpaWorld Company 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.