SG Americas Securities LLC Has $487,000 Holdings in OneSpaWorld Holdings Limited $OSW

SG Americas Securities LLC trimmed its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 50.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,227 shares of the company’s stock after selling 21,328 shares during the quarter. SG Americas Securities LLC’s holdings in OneSpaWorld were worth $487,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brown Brothers Harriman & Co. acquired a new position in OneSpaWorld during the 4th quarter valued at $31,000. Arax Advisory Partners grew its position in OneSpaWorld by 428.8% in the 4th quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock worth $33,000 after purchasing an additional 1,295 shares during the last quarter. First Horizon Corp grew its position in OneSpaWorld by 120.4% in the 4th quarter. First Horizon Corp now owns 1,785 shares of the company’s stock worth $37,000 after purchasing an additional 975 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of OneSpaWorld by 325.6% during the 4th quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company’s stock worth $40,000 after purchasing an additional 1,478 shares during the period. Finally, Aquatic Capital Management LLC bought a new position in shares of OneSpaWorld during the 3rd quarter worth about $50,000. Institutional investors and hedge funds own 95.98% of the company’s stock.

Insider Buying and Selling

In other news, Director Andrew R. Heyer sold 20,000 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $26.04, for a total value of $520,800.00. Following the completion of the transaction, the director directly owned 489,817 shares of the company’s stock, valued at approximately $12,754,834.68. This represents a 3.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Walter Field Mclallen sold 10,500 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $24.67, for a total value of $259,035.00. Following the transaction, the director owned 137,382 shares of the company’s stock, valued at $3,389,213.94. This trade represents a 7.10% decrease in their position. The SEC filing for this sale provides additional information. 3.60% of the stock is currently owned by insiders.

OneSpaWorld Trading Down 3.6%

Shares of OSW stock opened at $26.33 on Thursday. The firm has a fifty day moving average of $25.36 and a 200-day moving average of $23.08. The stock has a market cap of $2.67 billion, a price-to-earnings ratio of 35.11 and a beta of 0.90. OneSpaWorld Holdings Limited has a 52-week low of $19.06 and a 52-week high of $29.25. 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 (NASDAQ:OSW) last issued its 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. The business had revenue of $247.63 million for the quarter, compared to analyst estimates of $244.51 million. OneSpaWorld had a net margin of 7.85% and a return on equity of 18.00%. The firm’s revenue was up 12.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.15 EPS. 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 business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, May 20th. OneSpaWorld’s payout ratio is presently 26.67%.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Wall Street Zen lowered shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Weiss Ratings upgraded OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Jefferies Financial Group boosted their price target on OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. TD Cowen upped 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, Zacks Research upgraded OneSpaWorld from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. One investment 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $29.20.

OneSpaWorld 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.