Fox Run Management L.L.C. Invests $726,000 in OneSpaWorld Holdings Limited $OSW

Fox Run Management L.L.C. bought a new position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 35,616 shares of the company’s stock, valued at approximately $726,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Virtus Advisers LLC acquired a new stake in OneSpaWorld during the first quarter worth approximately $67,000. Smartleaf Asset Management LLC grew its position in shares of OneSpaWorld by 27.9% in the 1st quarter. Smartleaf Asset Management LLC now owns 6,608 shares of the company’s stock valued at $109,000 after buying an additional 1,443 shares during the last quarter. MQS Management LLC purchased a new position in shares of OneSpaWorld in the 1st quarter valued at $185,000. Pinnacle Wealth Management Advisory Group LLC raised its stake in OneSpaWorld by 7.3% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 11,945 shares of the company’s stock worth $201,000 after acquiring an additional 815 shares in the last quarter. Finally, Strs Ohio purchased a new stake in OneSpaWorld in the first quarter valued at $245,000. 95.98% of the stock is currently owned by hedge funds and other institutional investors.

OneSpaWorld Stock Performance

Shares of NASDAQ:OSW opened at $21.91 on Monday. OneSpaWorld Holdings Limited has a one year low of $14.21 and a one year high of $23.49. The company has a market cap of $2.25 billion, a P/E ratio of 30.86 and a beta of 1.29. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.09 and a current ratio of 1.84. The business’s 50-day simple moving average is $21.57 and its 200 day simple moving average is $20.77.

OneSpaWorld (NASDAQ:OSW) last announced its quarterly earnings data on Wednesday, October 29th. The company reported $0.29 earnings per share for the quarter, hitting the consensus estimate of $0.29. The company had revenue of $258.52 million during the quarter, compared to analyst estimates of $258.41 million. OneSpaWorld had a net margin of 7.90% and a return on equity of 16.38%. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period last year, the business earned $0.26 EPS. OneSpaWorld has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, sell-side analysts forecast that OneSpaWorld Holdings Limited will post 0.9 earnings per share for the current fiscal year.

OneSpaWorld Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 3rd. Stockholders of record on Wednesday, November 19th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.9%. This is a positive change from OneSpaWorld’s previous quarterly dividend of $0.04. The ex-dividend date is Wednesday, November 19th. OneSpaWorld’s payout ratio is currently 28.17%.

Wall Street Analyst Weigh In

OSW has been the topic of several research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of OneSpaWorld in a report on Friday, October 31st. Stifel Nicolaus boosted their target price on OneSpaWorld from $23.00 to $25.00 and gave the company a “buy” rating in a report on Thursday, July 31st. TD Cowen raised their price objective on shares of OneSpaWorld from $25.00 to $27.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Cowen reaffirmed a “buy” rating on shares of OneSpaWorld in a research note on Friday, October 31st. Finally, Wall Street Zen cut OneSpaWorld from a “buy” rating to a “hold” rating in a report on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $24.60.

Insider Buying and Selling

In related news, Director Glenn Fusfield sold 11,057 shares of the firm’s stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $22.59, for a total value of $249,777.63. Following the transaction, the director directly owned 70,360 shares in the company, valued at approximately $1,589,432.40. This trade represents a 13.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Andrew R. Heyer sold 31,289 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $21.59, for a total transaction of $675,529.51. Following the completion of the sale, the director owned 332,145 shares in the company, valued at approximately $7,171,010.55. The trade was a 8.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 235,763 shares of company stock worth $5,202,595 over the last quarter. Insiders own 3.90% of the company’s stock.

OneSpaWorld Company Profile

OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services.