Deutsche Bank AG Buys Shares of 104,844 OneSpaWorld Holdings Limited $OSW

Deutsche Bank AG purchased a new position in OneSpaWorld Holdings Limited (NASDAQ:OSW) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 104,844 shares of the company’s stock, valued at approximately $2,961,000.

Other hedge funds also recently modified their holdings of the company. California State Teachers Retirement System lifted its holdings in shares of OneSpaWorld by 0.9% during the 2nd quarter. California State Teachers Retirement System now owns 91,653 shares of the company’s stock valued at $1,869,000 after purchasing an additional 849 shares in the last quarter. Diversified Trust Co increased its stake in OneSpaWorld by 4.2% during the 1st quarter. Diversified Trust Co now owns 21,027 shares of the company’s stock worth $483,000 after purchasing an additional 850 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in OneSpaWorld by 111.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,364 shares of the company’s stock worth $49,000 after purchasing an additional 1,244 shares in the last quarter. Arax Advisory Partners raised its holdings in OneSpaWorld by 428.8% during the 4th quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock worth $33,000 after buying an additional 1,295 shares during the period. Finally, Captrust Financial Advisors raised its holdings in OneSpaWorld by 10.1% during the 2nd quarter. Captrust Financial Advisors now owns 14,389 shares of the company’s stock worth $293,000 after buying an additional 1,325 shares during the period. Institutional investors and hedge funds own 95.98% of the company’s stock.

Insider Transactions at OneSpaWorld

In related news, Director Andrew R. Heyer sold 25,219 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $26.42, for a total transaction of $666,285.98. Following the completion of the sale, the director owned 306,926 shares of the company’s stock, valued at $8,108,984.92. This represents a 7.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Walter Field Mclallen sold 10,500 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $24.67, for a total transaction of $259,035.00. Following the sale, the director owned 137,382 shares in the company, valued at $3,389,213.94. The trade was a 7.10% 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 sold 90,500 shares of company stock valued at $2,363,762. 3.60% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Jefferies Financial Group boosted their price objective 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. Weiss Ratings reaffirmed a “buy (b)” rating on shares of OneSpaWorld in a research report on Friday, July 31st. TD Cowen raised their target price on shares of OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Truist Financial boosted their price target on OneSpaWorld from $28.00 to $29.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Finally, Wall Street Zen cut shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, OneSpaWorld currently has an average rating of “Buy” and a consensus target price of $30.60.

OneSpaWorld Trading Up 0.8%

Shares of OSW stock opened at $26.47 on Thursday. The stock has a market cap of $2.69 billion, a P/E ratio of 33.51 and a beta of 0.91. OneSpaWorld Holdings Limited has a 1 year low of $19.06 and a 1 year high of $29.25. The company has a current ratio of 2.91, a quick ratio of 1.93 and a debt-to-equity ratio of 0.14. The stock has a 50 day simple moving average of $26.80 and a 200 day simple moving average of $24.49.

OneSpaWorld (NASDAQ:OSW) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. The firm had revenue of $261.25 million for the quarter, compared to analyst estimates of $260.93 million. OneSpaWorld had a return on equity of 18.36% and a net margin of 8.02%.The company’s revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the company earned $0.19 EPS. On average, research analysts predict that OneSpaWorld Holdings Limited will post 1.05 earnings per share for the current fiscal year.

OneSpaWorld Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be given a $0.05 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.8%. OneSpaWorld’s dividend payout ratio (DPR) is presently 25.32%.

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.