One Wealth Management Investment & Advisory Services LLC Decreases Stake in OneSpaWorld Holdings Limited $OSW

One Wealth Management Investment & Advisory Services LLC cut its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 83.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,945 shares of the company’s stock after selling 183,330 shares during the period. OneSpaWorld makes up 0.9% of One Wealth Management Investment & Advisory Services LLC’s portfolio, making the stock its 23rd biggest position. One Wealth Management Investment & Advisory Services LLC’s holdings in OneSpaWorld were worth $760,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. State of Alaska Department of Revenue bought a new position in OneSpaWorld during the 3rd quarter valued at about $116,000. Tower Research Capital LLC TRC raised its holdings in shares of OneSpaWorld by 313.5% during the second quarter. Tower Research Capital LLC TRC now owns 9,274 shares of the company’s stock valued at $189,000 after purchasing an additional 7,031 shares during the last quarter. BNP Paribas Financial Markets lifted its position in OneSpaWorld by 48.1% during the second quarter. BNP Paribas Financial Markets now owns 10,497 shares of the company’s stock valued at $214,000 after purchasing an additional 3,411 shares during the period. Prudential Financial Inc. purchased a new stake in OneSpaWorld in the second quarter worth approximately $213,000. Finally, Pinnacle Wealth Management Advisory Group LLC grew its position in OneSpaWorld by 8.5% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 12,955 shares of the company’s stock worth $264,000 after purchasing an additional 1,010 shares during the period. 95.98% of the stock is currently owned by institutional investors.

OneSpaWorld Stock Down 2.3%

OSW stock opened at $19.72 on Friday. The business’s 50-day moving average price is $20.80 and its 200-day moving average price is $21.39. The stock has a market cap of $2.01 billion, a P/E ratio of 27.77 and a beta of 1.04. The company has a quick ratio of 1.09, a current ratio of 1.84 and a debt-to-equity ratio of 0.15. OneSpaWorld Holdings Limited has a twelve month low of $14.21 and a twelve month high of $23.49.

OneSpaWorld (NASDAQ:OSW) last released its earnings results on Wednesday, October 29th. The company reported $0.29 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.29. OneSpaWorld had a net margin of 7.90% and a return on equity of 16.38%. The company had revenue of $258.52 million during the quarter, compared to analyst estimates of $258.41 million. During the same period in the prior year, the firm posted $0.26 EPS. The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. On average, equities research analysts forecast that OneSpaWorld Holdings Limited will post 0.9 EPS for the current year.

OneSpaWorld Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 3rd. Investors of record on Wednesday, November 19th were paid a dividend of $0.05 per share. This is a positive change from OneSpaWorld’s previous quarterly dividend of $0.04. The ex-dividend date was Wednesday, November 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.0%. OneSpaWorld’s dividend payout ratio is presently 28.17%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on OSW. Cowen reiterated a “buy” rating on shares of OneSpaWorld in a research note on Friday, October 31st. TD Cowen upped their price objective on OneSpaWorld from $25.00 to $27.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Wall Street Zen downgraded OneSpaWorld from a “buy” rating to a “hold” rating in a report on Sunday, November 30th. Northcoast Research set a $28.00 price target on OneSpaWorld and gave the company a “buy” rating in a research note on Tuesday, October 7th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of OneSpaWorld in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $24.80.

Insider Buying and Selling

In other news, Director Walter Field Mclallen sold 5,000 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $20.21, for a total value of $101,050.00. Following the completion of the transaction, the director owned 154,882 shares of the company’s stock, valued at $3,130,165.22. This represents a 3.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Stephen Lazarus sold 8,569 shares of the stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $21.12, for a total value of $180,977.28. Following the sale, the chief executive officer owned 351,250 shares of the company’s stock, valued at $7,418,400. This represents a 2.38% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 33,569 shares of company stock valued at $685,827. Company insiders own 3.90% of the company’s stock.

About OneSpaWorld

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.