OneSpaWorld Holdings Limited $OSW Shares Sold by UBS Group AG

UBS Group AG decreased its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 23.8% in the 4th quarter, HoldingsChannel reports. The fund owned 370,839 shares of the company’s stock after selling 115,629 shares during the quarter. UBS Group AG’s holdings in OneSpaWorld were worth $7,691,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. AQR Capital Management LLC grew its stake in shares of OneSpaWorld by 41.4% during the 1st quarter. AQR Capital Management LLC now owns 25,286 shares of the company’s stock worth $425,000 after purchasing an additional 7,398 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of OneSpaWorld by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,779 shares of the company’s stock valued at $1,004,000 after purchasing an additional 2,612 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of OneSpaWorld by 50.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,015 shares of the company’s stock valued at $3,577,000 after purchasing an additional 71,420 shares during the period. Intech Investment Management LLC boosted its holdings in OneSpaWorld by 80.7% during the first quarter. Intech Investment Management LLC now owns 92,702 shares of the company’s stock worth $1,556,000 after buying an additional 41,391 shares in the last quarter. Finally, Prudential Financial Inc. purchased a new stake in OneSpaWorld during the second quarter worth about $213,000. Institutional investors and hedge funds own 95.98% of the company’s stock.

OneSpaWorld Stock Up 1.6%

Shares of NASDAQ OSW opened at $23.91 on Tuesday. The firm has a market cap of $2.43 billion, a P/E ratio of 31.88 and a beta of 0.95. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.40 and a current ratio of 2.52. OneSpaWorld Holdings Limited has a 1 year low of $18.19 and a 1 year high of $25.75. The firm’s 50 day moving average price is $23.19 and its 200 day moving average price is $21.81.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.27 earnings per share for the quarter, beating 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 during the quarter, compared to the consensus estimate of $244.51 million. During the same period in the previous year, the firm posted $0.15 EPS. OneSpaWorld’s revenue was up 12.8% on a year-over-year basis. As a group, sell-side analysts anticipate that OneSpaWorld Holdings Limited will post 1.07 earnings per share for the current year.

OneSpaWorld Announces Dividend

The firm also recently announced 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. This represents a $0.20 annualized dividend and a yield of 0.8%. The ex-dividend date is Wednesday, May 20th. OneSpaWorld’s dividend payout ratio is presently 26.67%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on OSW. TD Cowen increased their target price on shares of OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Truist Financial boosted their price target on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Zacks Research raised OneSpaWorld from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Jefferies Financial Group began coverage on OneSpaWorld in a report on Tuesday, March 24th. They set a “buy” rating and a $30.00 price objective for the company. Finally, Wall Street Zen upgraded OneSpaWorld from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $27.60.

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.