King Luther Capital Management Corp Takes Position in OneSpaWorld Holdings Limited $OSW

King Luther Capital Management Corp bought a new stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 112,861 shares of the company’s stock, valued at approximately $2,341,000. King Luther Capital Management Corp owned approximately 0.11% of OneSpaWorld at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. California State Teachers Retirement System boosted its holdings in shares of OneSpaWorld by 0.9% during 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 lifted its holdings in shares of OneSpaWorld by 0.6% during the third quarter. Blair William & Co. IL now owns 152,277 shares of the company’s stock valued at $3,219,000 after purchasing an additional 924 shares during the last quarter. First Horizon Corp lifted its holdings in shares of OneSpaWorld by 120.4% during the fourth quarter. First Horizon Corp now owns 1,785 shares of the company’s stock valued at $37,000 after purchasing an additional 975 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of OneSpaWorld by 10.1% during the second quarter. Captrust Financial Advisors now owns 14,389 shares of the company’s stock valued at $293,000 after purchasing an additional 1,325 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new position in shares of OneSpaWorld during the third quarter valued at approximately $29,000. Institutional investors own 95.98% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on OSW shares. Zacks Research upgraded shares of OneSpaWorld from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Truist Financial lifted their target price on shares of OneSpaWorld from $25.00 to $28.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Weiss Ratings upgraded OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. TD Cowen raised their price target on OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Finally, Wall Street Zen downgraded OneSpaWorld from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. One equities research 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. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $28.20.

OneSpaWorld Trading Down 0.6%

NASDAQ:OSW opened at $24.30 on Friday. The company’s 50 day moving average price is $23.72 and its 200-day moving average price is $21.90. OneSpaWorld Holdings Limited has a 52 week low of $18.19 and a 52 week high of $25.75. The company has a quick ratio of 1.40, a current ratio of 2.52 and a debt-to-equity ratio of 0.15. The stock has a market cap of $2.47 billion, a price-to-earnings ratio of 32.40 and a beta of 0.95.

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

OneSpaWorld Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, May 20th. OneSpaWorld’s dividend payout ratio is presently 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.