Oregon Public Employees Retirement Fund Purchases Shares of 23,300 OneSpaWorld Holdings Limited $OSW

Oregon Public Employees Retirement Fund bought a new stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 23,300 shares of the company’s stock, valued at approximately $535,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. AQR Capital Management LLC boosted its holdings in OneSpaWorld by 41.4% in the first quarter. AQR Capital Management LLC now owns 25,286 shares of the company’s stock valued at $425,000 after acquiring an additional 7,398 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in OneSpaWorld by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,779 shares of the company’s stock worth $1,004,000 after purchasing an additional 2,612 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in OneSpaWorld by 50.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,015 shares of the company’s stock worth $3,577,000 after purchasing an additional 71,420 shares in the last quarter. Intech Investment Management LLC lifted its position in shares of OneSpaWorld by 80.7% in the 1st quarter. Intech Investment Management LLC now owns 92,702 shares of the company’s stock worth $1,556,000 after purchasing an additional 41,391 shares during the period. Finally, Prudential Financial Inc. purchased a new stake in shares of OneSpaWorld in the 2nd quarter worth about $213,000. Institutional investors own 95.98% of the company’s stock.

Insiders Place Their Bets

In other news, Director Walter Field Mclallen sold 10,500 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $24.67, for a total transaction of $259,035.00. Following the completion of the transaction, the director directly owned 137,382 shares in the company, valued at $3,389,213.94. This trade represents a 7.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Andrew R. Heyer sold 20,000 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $26.04, for a total value of $520,800.00. Following the transaction, the director owned 489,817 shares of the company’s stock, valued at $12,754,834.68. The trade was a 3.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 3.60% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

OSW has been the topic of a number of research reports. Jefferies Financial Group boosted their price target on shares of OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Truist Financial raised their price objective on shares of OneSpaWorld from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. Weiss Ratings raised OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Wall Street Zen cut OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Finally, TD Cowen lifted their price target on OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $29.20.

OneSpaWorld Stock Up 1.6%

Shares of OneSpaWorld stock opened at $26.51 on Wednesday. OneSpaWorld Holdings Limited has a 1 year low of $19.06 and a 1 year high of $29.25. The firm has a market cap of $2.69 billion, a price-to-earnings ratio of 35.35 and a beta of 0.90. The company has a 50-day moving average of $25.52 and a 200 day moving average of $23.22. 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 posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.25 by $0.02. The business had revenue of $247.63 million for the quarter, compared to analyst estimates of $244.51 million. OneSpaWorld had a net margin of 7.85% and a return on equity of 18.00%. OneSpaWorld’s quarterly revenue was up 12.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.15 earnings per share. As a group, sell-side analysts anticipate that OneSpaWorld Holdings Limited will post 1.07 earnings per share for the current fiscal year.

OneSpaWorld Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th were paid a dividend of $0.05 per share. The ex-dividend date was Wednesday, May 20th. This represents a $0.20 dividend on an annualized basis and a yield of 0.8%. OneSpaWorld’s payout ratio is presently 26.67%.

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.