King Luther Capital Management Corp Takes Position in OneSpaWorld Holdings Limited $OSW

King Luther Capital Management Corp acquired a new stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 112,861 shares of the company’s stock, valued at approximately $2,341,000.

Other hedge funds have also recently made changes to their positions in the company. Aster Capital Management DIFC Ltd purchased a new position in shares of OneSpaWorld during the third quarter valued at approximately $29,000. First Horizon Corp raised its holdings in shares of OneSpaWorld by 120.4% during the fourth quarter. First Horizon Corp now owns 1,785 shares of the company’s stock valued at $37,000 after purchasing an additional 975 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of OneSpaWorld by 325.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company’s stock worth $40,000 after acquiring an additional 1,478 shares during the period. Aquatic Capital Management LLC bought a new stake in shares of OneSpaWorld in the third quarter worth $50,000. Finally, CIBC Private Wealth Group LLC bought a new stake in shares of OneSpaWorld in the third quarter worth $87,000. 95.98% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Jefferies Financial Group assumed coverage on OneSpaWorld in a report on Tuesday, March 24th. They issued a “buy” rating and a $30.00 target price on the stock. Weiss Ratings raised OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Truist Financial increased their target price on OneSpaWorld from $25.00 to $28.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Wall Street Zen downgraded OneSpaWorld from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Finally, TD Cowen raised their price objective on shares of OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $28.20.

OneSpaWorld Trading Down 0.6%

Shares of OSW stock opened at $24.30 on Friday. OneSpaWorld Holdings Limited has a 1 year low of $18.19 and a 1 year high of $25.75. The firm has a fifty day moving average price of $23.72 and a 200-day moving average price of $21.90. The company has a market cap of $2.47 billion, a price-to-earnings ratio of 32.40 and a beta of 0.95. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.52 and a quick ratio of 1.40.

OneSpaWorld (NASDAQ:OSW) last announced its earnings results on Wednesday, April 29th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.02. OneSpaWorld had a return on equity of 18.00% and a net margin of 7.85%.The company had revenue of $247.63 million for the quarter, compared to analysts’ expectations of $244.51 million. During the same period last year, the firm earned $0.15 EPS. OneSpaWorld’s revenue for the quarter was up 12.8% compared to the same quarter last year. As a group, equities analysts predict that OneSpaWorld Holdings Limited will post 1.07 earnings per share for the current year.

OneSpaWorld Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, May 20th. OneSpaWorld’s dividend payout ratio (DPR) is currently 26.67%.

OneSpaWorld 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.