OneSpaWorld Holdings Limited $OSW Shares Sold by UBS Group AG

UBS Group AG cut its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 23.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 370,839 shares of the company’s stock after selling 115,629 shares during the period. UBS Group AG owned about 0.36% of OneSpaWorld worth $7,691,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its stake in OneSpaWorld by 3.0% during the 4th quarter. Vanguard Group Inc. now owns 3,017,136 shares of the company’s stock worth $62,575,000 after buying an additional 89,191 shares during the last quarter. Campbell Capital Management Inc. purchased a new stake in OneSpaWorld in the fourth quarter valued at approximately $415,000. First Horizon Corp boosted its holdings in shares of OneSpaWorld by 120.4% in the fourth quarter. First Horizon Corp now owns 1,785 shares of the company’s stock valued at $37,000 after acquiring an additional 975 shares during the period. Moran Wealth Management LLC boosted its holdings in shares of OneSpaWorld by 11.3% in the fourth quarter. Moran Wealth Management LLC now owns 43,072 shares of the company’s stock valued at $893,000 after acquiring an additional 4,369 shares during the period. Finally, Farther Finance Advisors LLC grew its position in shares of OneSpaWorld by 325.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company’s stock worth $40,000 after acquiring an additional 1,478 shares during the last quarter. Institutional investors and hedge funds own 95.98% of the company’s stock.

OneSpaWorld Stock Performance

Shares of OSW opened at $23.91 on Tuesday. The stock has a market capitalization of $2.43 billion, a P/E ratio of 31.88 and a beta of 0.95. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.40 and a current ratio of 2.52. OneSpaWorld Holdings Limited has a 1 year low of $18.19 and a 1 year high of $25.75. The company’s fifty day moving average is $23.19 and its two-hundred day moving average is $21.81.

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

OneSpaWorld Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th will be given a $0.05 dividend. The ex-dividend date is Wednesday, May 20th. This represents a $0.20 dividend on an annualized basis and a yield of 0.8%. OneSpaWorld’s dividend payout ratio (DPR) is presently 26.67%.

Analysts Set New Price Targets

Several research firms recently commented on OSW. Jefferies Financial Group assumed coverage on shares of OneSpaWorld in a research report on Tuesday, March 24th. They issued a “buy” rating and a $30.00 price target for the company. TD Cowen raised 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. Zacks Research upgraded shares of OneSpaWorld from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Truist Financial upped their target price on shares of OneSpaWorld from $24.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Finally, Weiss Ratings upgraded shares of OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $27.60.

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.