Bessemer Group Inc. Buys 201,742 Shares of OneSpaWorld Holdings Limited $OSW

Bessemer Group Inc. lifted its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 21.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,126,468 shares of the company’s stock after purchasing an additional 201,742 shares during the period. Bessemer Group Inc.’s holdings in OneSpaWorld were worth $23,363,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. California State Teachers Retirement System grew its holdings in OneSpaWorld by 0.9% in the 2nd quarter. California State Teachers Retirement System now owns 91,653 shares of the company’s stock valued at $1,869,000 after buying an additional 849 shares in the last quarter. Blair William & Co. IL grew its holdings in OneSpaWorld by 0.6% in the 3rd quarter. Blair William & Co. IL now owns 152,277 shares of the company’s stock valued at $3,219,000 after buying an additional 924 shares in the last quarter. First Horizon Corp grew its holdings in OneSpaWorld by 120.4% in the 4th quarter. First Horizon Corp now owns 1,785 shares of the company’s stock valued at $37,000 after buying an additional 975 shares in the last quarter. Captrust Financial Advisors grew its holdings in OneSpaWorld by 10.1% in the 2nd quarter. Captrust Financial Advisors now owns 14,389 shares of the company’s stock valued at $293,000 after buying an additional 1,325 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new position in OneSpaWorld in the 3rd quarter valued at $29,000. Institutional investors own 95.98% of the company’s stock.

Wall Street Analysts Forecast Growth

OSW has been the topic of several analyst reports. Weiss Ratings raised OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. TD Cowen increased their target price on OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Truist Financial increased their target price on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. Zacks Research raised OneSpaWorld from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Finally, Wall Street Zen raised OneSpaWorld from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $27.60.

OneSpaWorld Stock Performance

OSW opened at $23.53 on Friday. The firm has a market cap of $2.39 billion, a P/E ratio of 31.37 and a beta of 0.95. OneSpaWorld Holdings Limited has a 52-week low of $18.19 and a 52-week high of $25.75. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.40 and a current ratio of 2.52. The business’s fifty day moving average is $23.13 and its 200-day moving average is $21.79.

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

OneSpaWorld Dividend Announcement

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

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.