Insider Selling: OneSpaWorld (NASDAQ:OSW) Director Sells $101,050.00 in Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Walter Field Mclallen sold 5,000 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $20.21, for a total transaction of $101,050.00. Following the completion of the transaction, the director owned 154,882 shares of the company’s stock, valued at $3,130,165.22. This represents a 3.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

OneSpaWorld Stock Down 0.1%

OSW stock opened at $21.18 on Thursday. The firm’s 50-day moving average is $20.85 and its two-hundred day moving average is $21.13. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 29.83 and a beta of 1.06. OneSpaWorld Holdings Limited has a 52 week low of $14.21 and a 52 week high of $23.49. The company has a current ratio of 1.84, a quick ratio of 1.09 and a debt-to-equity ratio of 0.15.

OneSpaWorld (NASDAQ:OSW) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $0.29 EPS for the quarter, meeting analysts’ consensus estimates of $0.29. The business had revenue of $258.52 million for 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 business’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter last year, the business earned $0.26 earnings per share. On average, 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 announced a quarterly dividend, which was paid on Wednesday, December 3rd. Investors of record on Wednesday, November 19th were paid a dividend of $0.05 per share. This is an increase from OneSpaWorld’s previous quarterly dividend of $0.04. This represents a $0.20 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, November 19th. OneSpaWorld’s dividend payout ratio (DPR) is 28.17%.

Analyst Ratings Changes

Several equities research analysts have commented on OSW shares. Cowen reiterated a “buy” rating on shares of OneSpaWorld in a research report on Friday, October 31st. Weiss Ratings reiterated a “buy (b-)” rating on shares of OneSpaWorld in a research report on Monday. Northcoast Research set a $28.00 target price on OneSpaWorld and gave the stock a “buy” rating in a report on Tuesday, October 7th. TD Cowen upped their target price on OneSpaWorld from $25.00 to $27.00 and gave the company a “buy” rating in a report on Friday, October 31st. Finally, Wall Street Zen cut OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Sunday, November 30th. One analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $24.60.

Hedge Funds Weigh In On OneSpaWorld

A number of large investors have recently made changes to their positions in the business. Ariel Investments LLC grew its position in OneSpaWorld by 23.3% during the second quarter. Ariel Investments LLC now owns 13,213,156 shares of the company’s stock valued at $269,416,000 after purchasing an additional 2,499,851 shares in the last quarter. Channing Capital Management LLC boosted its stake in shares of OneSpaWorld by 14.7% during the 1st quarter. Channing Capital Management LLC now owns 3,251,124 shares of the company’s stock valued at $54,586,000 after buying an additional 416,609 shares during the period. First Trust Advisors LP grew its holdings in shares of OneSpaWorld by 45.6% during the 3rd quarter. First Trust Advisors LP now owns 3,088,830 shares of the company’s stock valued at $65,298,000 after acquiring an additional 966,889 shares in the last quarter. American Century Companies Inc. increased its stake in shares of OneSpaWorld by 2.7% in the third quarter. American Century Companies Inc. now owns 3,055,737 shares of the company’s stock worth $64,598,000 after acquiring an additional 79,259 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of OneSpaWorld by 9.3% during the first quarter. Vanguard Group Inc. now owns 2,982,065 shares of the company’s stock worth $50,069,000 after acquiring an additional 253,112 shares in the last quarter. Institutional investors and hedge funds own 95.98% of the company’s stock.

About OneSpaWorld

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.