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

TimesSquare Capital Management LLC grew its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 23.8% in the 1st quarter, HoldingsChannel reports. The fund owned 2,432,558 shares of the company’s stock after buying an additional 467,508 shares during the period. TimesSquare Capital Management LLC’s holdings in OneSpaWorld were worth $25,907,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in OSW. Ariel Investments LLC boosted its position in shares of OneSpaWorld by 33.9% during the fourth quarter. Ariel Investments LLC now owns 8,177,824 shares of the company’s stock valued at $82,923,000 after buying an additional 2,072,477 shares during the last quarter. Channing Capital Management LLC boosted its position in shares of OneSpaWorld by 24.7% during the fourth quarter. Channing Capital Management LLC now owns 4,739,754 shares of the company’s stock valued at $48,061,000 after buying an additional 940,073 shares during the last quarter. Scout Investments Inc. purchased a new position in shares of OneSpaWorld during the first quarter valued at approximately $7,656,000. Baird Financial Group Inc. purchased a new position in shares of OneSpaWorld during the fourth quarter valued at approximately $5,026,000. Finally, Premier Fund Managers Ltd boosted its position in shares of OneSpaWorld by 102.7% during the fourth quarter. Premier Fund Managers Ltd now owns 908,788 shares of the company’s stock valued at $9,065,000 after buying an additional 460,454 shares during the last quarter. Hedge funds and other institutional investors own 67.40% of the company’s stock.

OSW stock opened at $11.50 on Friday. The stock has a fifty day simple moving average of $10.95. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.61 and a current ratio of 2.29. OneSpaWorld Holdings Limited has a 1-year low of $4.43 and a 1-year high of $12.52. The stock has a market capitalization of $994.50 million, a PE ratio of -7.23 and a beta of 2.59.

OneSpaWorld (NASDAQ:OSW) last posted its quarterly earnings data on Wednesday, May 12th. The company reported ($0.17) earnings per share for the quarter, topping the Thomson Reuters’ 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 business had revenue of $5.59 million for the quarter, compared to analysts’ expectations of $3.80 million. As a group, equities research analysts forecast that OneSpaWorld Holdings Limited will post -0.65 earnings per share for the current year.

Several research analysts recently issued reports on the company. 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.

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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