Neumeier Poma Investment Counsel LLC Buys Shares of 1,539,032 OneSpaWorld Holdings Limited $OSW

Neumeier Poma Investment Counsel LLC purchased a new position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,539,032 shares of the company’s stock, valued at approximately $43,462,264,000. OneSpaWorld makes up about 3.0% of Neumeier Poma Investment Counsel LLC’s investment portfolio, making the stock its 16th largest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. California State Teachers Retirement System grew its stake in shares of OneSpaWorld by 0.9% in the second 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. Diversified Trust Co raised its holdings in shares of OneSpaWorld by 4.2% in the 1st quarter. Diversified Trust Co now owns 21,027 shares of the company’s stock valued at $483,000 after buying an additional 850 shares during the period. Rockefeller Capital Management L.P. lifted its stake in OneSpaWorld by 111.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,364 shares of the company’s stock worth $49,000 after acquiring an additional 1,244 shares in the last quarter. Arax Advisory Partners lifted its stake in OneSpaWorld by 428.8% during the 4th quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock worth $33,000 after acquiring an additional 1,295 shares in the last quarter. Finally, Captrust Financial Advisors lifted its stake in OneSpaWorld by 10.1% during the 2nd quarter. Captrust Financial Advisors now owns 14,389 shares of the company’s stock worth $293,000 after acquiring an additional 1,325 shares in the last quarter. 95.98% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Andrew R. Heyer sold 25,219 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $26.42, for a total value of $666,285.98. Following the sale, the director owned 306,926 shares of the company’s stock, valued at $8,108,984.92. This trade represents a 7.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 transaction of $259,035.00. Following the completion of the transaction, the director owned 137,382 shares of the company’s stock, valued at $3,389,213.94. This represents a 7.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 90,500 shares of company stock valued at $2,363,762 in the last quarter. Company insiders own 3.60% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Jefferies Financial Group lifted their target price on OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Stifel Nicolaus boosted their price target on shares of OneSpaWorld from $28.00 to $32.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Wall Street Zen cut shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of OneSpaWorld in a research note on Friday, July 31st. Finally, TD Cowen lifted their price objective on shares of OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of $30.60.

OneSpaWorld Price Performance

Shares of NASDAQ OSW opened at $26.68 on Monday. The stock has a market cap of $2.71 billion, a P/E ratio of 33.77 and a beta of 0.91. The company has a current ratio of 2.91, a quick ratio of 1.93 and a debt-to-equity ratio of 0.14. OneSpaWorld Holdings Limited has a 12-month low of $19.06 and a 12-month high of $29.25. The business’s fifty day simple moving average is $26.81 and its 200-day simple moving average is $24.35.

OneSpaWorld (NASDAQ:OSW) last released its earnings results on Wednesday, July 29th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. OneSpaWorld had a return on equity of 18.36% and a net margin of 8.02%.The firm had revenue of $261.25 million during the quarter, compared to analyst estimates of $260.93 million. During the same period last year, the business posted $0.19 earnings per share. OneSpaWorld’s revenue was up 8.5% compared to the same quarter last year. As a group, equities analysts predict that OneSpaWorld Holdings Limited will post 1.05 EPS for the current fiscal year.

OneSpaWorld Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th will be given a $0.05 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.20 dividend on an annualized basis and a yield of 0.7%. OneSpaWorld’s dividend payout ratio (DPR) is currently 25.32%.

About OneSpaWorld

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.