1,539,032 Shares in OneSpaWorld Holdings Limited $OSW Bought by Neumeier Poma Investment Counsel LLC

Neumeier Poma Investment Counsel LLC bought a new position in shares of 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 firm bought 1,539,032 shares of the company’s stock, valued at approximately $43,462,264. OneSpaWorld comprises 0.0% of Neumeier Poma Investment Counsel LLC’s holdings, making the stock its 16th largest holding. Neumeier Poma Investment Counsel LLC owned approximately 1.52% of OneSpaWorld as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Nixon Capital LLC acquired a new position in OneSpaWorld during the 2nd quarter worth approximately $25,168,000. Quantbot Technologies LP bought a new stake in OneSpaWorld during the second quarter valued at about $158,000. Emerald Investment Advisers LLC purchased a new position in shares of OneSpaWorld in the second quarter valued at $7,655,000. Lisanti Capital Growth LLC bought a new stake in shares of OneSpaWorld in the second quarter valued at about $4,806,000. Finally, BlackRock Inc. acquired a new position in shares of OneSpaWorld in the 2nd quarter valued at $278,024,000. 95.98% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Andrew R. Heyer sold 4,781 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $26.07, for a total transaction of $124,640.67. Following the completion of the sale, the director directly owned 302,145 shares of the company’s stock, valued at approximately $7,876,920.15. This trade represents a 1.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Walter Field Mclallen sold 10,500 shares of OneSpaWorld stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $24.67, for a total value of $259,035.00. Following the completion of the transaction, the director directly owned 137,382 shares in the company, valued at $3,389,213.94. This trade represents a 7.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 90,500 shares of company stock valued at $2,363,762. 3.60% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

OSW has been the subject of several analyst reports. Wall Street Zen cut shares of OneSpaWorld from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Weiss Ratings restated a “buy (b)” rating on shares of OneSpaWorld in a research report on Friday, July 31st. Truist Financial raised their price target on shares of OneSpaWorld from $28.00 to $29.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. TD Cowen lifted their price target on OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Jefferies Financial Group increased their price target on shares of OneSpaWorld from $31.00 to $35.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, OneSpaWorld currently has an average rating of “Buy” and an average target price of $30.60.

OneSpaWorld Stock Down 3.1%

Shares of OneSpaWorld stock traded down $0.80 during trading on Friday, hitting $25.37. 295,239 shares of the stock traded hands, compared to its average volume of 975,469. The company has a current ratio of 2.91, a quick ratio of 1.93 and a debt-to-equity ratio of 0.14. The stock’s fifty day simple moving average is $26.78 and its 200 day simple moving average is $24.52. OneSpaWorld Holdings Limited has a 52-week low of $19.06 and a 52-week high of $29.25. The firm has a market cap of $2.58 billion, a P/E ratio of 32.11 and a beta of 0.91.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings data 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 company had revenue of $261.25 million during the quarter, compared to analyst estimates of $260.93 million. During the same period in the prior year, the business posted $0.19 earnings per share. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. On average, equities 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. Stockholders of record on Wednesday, August 19th will be issued a dividend of $0.05 per share. The ex-dividend date is Wednesday, August 19th. This represents a $0.20 annualized dividend and a dividend yield of 0.8%. OneSpaWorld’s payout ratio is presently 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.