HighTower Advisors LLC Sells 59,940 Shares of OneSpaWorld Holdings Limited $OSW

HighTower Advisors LLC lowered its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 17.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 290,126 shares of the company’s stock after selling 59,940 shares during the period. HighTower Advisors LLC’s holdings in OneSpaWorld were worth $6,133,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. State of Alaska Department of Revenue purchased a new position in shares of OneSpaWorld in the third quarter valued at about $116,000. Tower Research Capital LLC TRC grew its stake in shares of OneSpaWorld by 313.5% in the second quarter. Tower Research Capital LLC TRC now owns 9,274 shares of the company’s stock worth $189,000 after purchasing an additional 7,031 shares during the last quarter. Prudential Financial Inc. purchased a new position in OneSpaWorld during the 2nd quarter valued at about $213,000. BNP Paribas Financial Markets increased its holdings in OneSpaWorld by 48.1% during the 2nd 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. Finally, Pinnacle Wealth Management Advisory Group LLC raised its position in OneSpaWorld by 8.5% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 12,955 shares of the company’s stock valued at $264,000 after purchasing an additional 1,010 shares during the last quarter. Institutional investors own 95.98% of the company’s stock.

OneSpaWorld Stock Performance

Shares of OSW stock opened at $21.66 on Tuesday. The company’s fifty day moving average price is $21.14 and its 200-day moving average price is $21.26. The stock has a market cap of $2.21 billion, a PE ratio of 31.39 and a beta of 1.03. The company has a current ratio of 1.84, a quick ratio of 1.09 and a debt-to-equity ratio of 0.15. OneSpaWorld Holdings Limited has a 12 month low of $14.21 and a 12 month high of $23.54.

OneSpaWorld (NASDAQ:OSW) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). OneSpaWorld had a return on equity of 17.07% and a net margin of 7.45%.The business had revenue of $242.13 million during the quarter, compared to analysts’ expectations of $243.07 million. During the same quarter last year, the company posted $0.20 EPS. OneSpaWorld’s revenue for the quarter was up 11.5% compared to the same quarter last year. On average, equities analysts expect that OneSpaWorld Holdings Limited will post 0.9 EPS for the current fiscal year.

OneSpaWorld Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Wednesday, March 11th will be paid a $0.05 dividend. The ex-dividend date is Wednesday, March 11th. This represents a $0.20 dividend on an annualized basis and a yield of 0.9%. OneSpaWorld’s payout ratio is presently 28.99%.

Insider Activity at OneSpaWorld

In other OneSpaWorld news, CEO Stephen Lazarus sold 8,569 shares of the stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $21.12, for a total transaction of $180,977.28. Following the sale, the chief executive officer directly owned 351,250 shares in the company, valued at approximately $7,418,400. This trade represents a 2.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Walter Field Mclallen sold 5,000 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $20.21, for a total value of $101,050.00. Following the transaction, the director directly owned 154,882 shares in the company, valued at approximately $3,130,165.22. The trade was a 3.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 33,569 shares of company stock valued at $685,827. 3.90% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. TD Cowen cut their price objective on OneSpaWorld from $27.00 to $24.00 and set a “buy” rating on the stock in a research report on Tuesday, January 20th. Truist Financial lifted their price target on shares of OneSpaWorld from $24.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Weiss Ratings restated a “buy (b-)” rating on shares of OneSpaWorld in a report on Monday, December 29th. Wall Street Zen cut shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Sunday, November 30th. Finally, Stifel Nicolaus cut their target price on shares of OneSpaWorld from $27.00 to $26.00 and set a “buy” rating on the stock in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $25.00.

OneSpaWorld Company 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.