Palisade Capital Management LLC NJ Sells 130,874 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Palisade Capital Management LLC NJ lessened its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSWGet Rating) by 9.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,188,873 shares of the company’s stock after selling 130,874 shares during the period. Palisade Capital Management LLC NJ owned about 1.29% of OneSpaWorld worth $12,127,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of OSW. Mascoma Wealth Management LLC bought a new position in OneSpaWorld in the first quarter valued at about $42,000. CWM LLC acquired a new stake in shares of OneSpaWorld during the fourth quarter valued at about $47,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of OneSpaWorld by 114.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,070 shares of the company’s stock valued at $111,000 after purchasing an additional 5,903 shares in the last quarter. ProShare Advisors LLC acquired a new stake in shares of OneSpaWorld during the fourth quarter valued at about $117,000. Finally, Keybank National Association OH acquired a new stake in shares of OneSpaWorld during the first quarter valued at about $125,000. Institutional investors own 85.97% of the company’s stock.

Analyst Ratings Changes

Separately, TheStreet lowered OneSpaWorld from a “c-” rating to a “d+” rating in a research note on Thursday, June 30th.

OneSpaWorld Stock Performance

Shares of OSW stock opened at $8.66 on Friday. The business’s 50-day moving average price is $7.79 and its 200-day moving average price is $9.24. OneSpaWorld Holdings Limited has a 12 month low of $6.80 and a 12 month high of $12.51. The firm has a market capitalization of $797.85 million, a price-to-earnings ratio of 66.62 and a beta of 2.12. The company has a current ratio of 1.69, a quick ratio of 1.13 and a debt-to-equity ratio of 0.78.

OneSpaWorld (NASDAQ:OSWGet Rating) last announced its quarterly earnings results on Wednesday, May 4th. The company reported ($0.07) EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.01. The firm had revenue of $87.66 million for the quarter, compared to analyst estimates of $84.77 million. OneSpaWorld had a negative return on equity of 6.97% and a net margin of 7.64%. During the same period last year, the firm posted ($0.21) earnings per share. Equities research analysts forecast that OneSpaWorld Holdings Limited will post -0.04 EPS for the current year.

Insider Buying and Selling

In related news, Director Walter Field Mclallen sold 8,000 shares of OneSpaWorld stock in a transaction that occurred on Friday, May 27th. The stock was sold at an average price of $9.35, for a total value of $74,800.00. Following the transaction, the director now directly owns 220,000 shares of the company’s stock, valued at $2,057,000. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, Director Walter Field Mclallen sold 8,000 shares of OneSpaWorld stock in a transaction that occurred on Friday, May 27th. The stock was sold at an average price of $9.35, for a total value of $74,800.00. Following the transaction, the director now directly owns 220,000 shares of the company’s stock, valued at $2,057,000. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Steven J. Heyer sold 10,000 shares of OneSpaWorld stock in a transaction that occurred on Friday, June 3rd. The stock was sold at an average price of $9.39, for a total value of $93,900.00. Following the completion of the transaction, the director now directly owns 1,161,167 shares in the company, valued at $10,903,358.13. The disclosure for this sale can be found here. Insiders have sold a total of 29,059 shares of company stock valued at $271,356 over the last ninety days. 13.00% of the stock is owned by company insiders.

OneSpaWorld Profile

(Get Rating)

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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