TimesSquare Capital Management LLC Acquires 467,508 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

TimesSquare Capital Management LLC boosted its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 23.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,432,558 shares of the company’s stock after acquiring an additional 467,508 shares during the period. TimesSquare Capital Management LLC owned 2.81% of OneSpaWorld worth $25,907,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. The Manufacturers Life Insurance Company increased its position in OneSpaWorld by 5.9% during the 4th quarter. The Manufacturers Life Insurance Company now owns 27,614 shares of the company’s stock worth $280,000 after buying an additional 1,532 shares during the period. US Bancorp DE increased its position in OneSpaWorld by 55.7% during the 1st quarter. US Bancorp DE now owns 5,004 shares of the company’s stock worth $53,000 after buying an additional 1,790 shares during the period. Aperio Group LLC increased its position in OneSpaWorld by 14.8% during the 4th quarter. Aperio Group LLC now owns 18,032 shares of the company’s stock worth $183,000 after buying an additional 2,319 shares during the period. Hsbc Holdings PLC increased its position in OneSpaWorld by 8.1% during the 4th quarter. Hsbc Holdings PLC now owns 47,587 shares of the company’s stock worth $480,000 after buying an additional 3,581 shares during the period. Finally, Montag A & Associates Inc. bought a new position in OneSpaWorld during the 4th quarter worth $38,000. Institutional investors and hedge funds own 67.40% of the company’s stock.

OSW has been the topic of several recent research reports. TheStreet cut OneSpaWorld from a “c-” rating to a “d+” rating in a research report on Wednesday, May 12th. Zacks Investment Research cut OneSpaWorld from a “hold” rating to a “sell” rating in a research report on Thursday, May 27th.

Shares of NASDAQ OSW opened at $11.50 on Friday. The company has a quick ratio of 1.61, a current ratio of 2.29 and a debt-to-equity ratio of 0.77. OneSpaWorld Holdings Limited has a 52 week low of $4.43 and a 52 week high of $12.52. The company has a market capitalization of $994.50 million, a PE ratio of -7.23 and a beta of 2.59. The stock has a fifty day moving average of $10.95.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings results on Wednesday, May 12th. The company reported ($0.17) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.21) by $0.04. OneSpaWorld had a negative return on equity of 21.59% and a negative net margin of 1,043.55%. The company had revenue of $5.59 million for the quarter, compared to analysts’ expectations of $3.80 million. Research analysts anticipate that OneSpaWorld Holdings Limited will post -0.65 earnings per share for the current year.

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.

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Institutional Ownership by Quarter for OneSpaWorld (NASDAQ:OSW)

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