Wellington Management Group LLP Invests $4.93 Million in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Wellington Management Group LLP purchased a new stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 349,372 shares of the company’s stock, valued at approximately $4,926,000. Wellington Management Group LLP owned 0.35% of OneSpaWorld as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in OSW. Olympiad Research LP purchased a new position in OneSpaWorld during the fourth quarter worth about $141,000. PNC Financial Services Group Inc. grew its stake in shares of OneSpaWorld by 54.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 21,462 shares of the company’s stock worth $241,000 after purchasing an additional 7,522 shares during the period. One Wealth Management Investment & Advisory Services LLC acquired a new stake in shares of OneSpaWorld in the fourth quarter valued at about $250,000. Harbour Capital Advisors LLC purchased a new position in OneSpaWorld in the fourth quarter valued at about $265,000. Finally, Hsbc Holdings PLC boosted its stake in shares of OneSpaWorld by 20.1% during the 3rd quarter. Hsbc Holdings PLC now owns 26,013 shares of the company’s stock worth $288,000 after acquiring an additional 4,359 shares in the last quarter. Institutional investors and hedge funds own 95.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Loop Capital raised their price target on OneSpaWorld from $16.00 to $17.00 and gave the company a “buy” rating in a research report on Wednesday, May 15th. Stifel Nicolaus raised their price objective on shares of OneSpaWorld from $21.00 to $22.00 and gave the stock a “buy” rating in a research note on Thursday, May 23rd. Finally, Truist Financial raised their price target on OneSpaWorld from $16.00 to $17.00 and gave the stock a “buy” rating in a research report on Wednesday, June 12th.

Insiders Place Their Bets

In other news, insider Susan Reardon Bonner sold 35,554 shares of the company’s stock in a transaction dated Monday, May 13th. The shares were sold at an average price of $14.85, for a total transaction of $527,976.90. Following the completion of the transaction, the insider now owns 272,623 shares of the company’s stock, valued at approximately $4,048,451.55. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other OneSpaWorld news, Director Walter Field Mclallen sold 2,500 shares of the business’s stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $15.23, for a total transaction of $38,075.00. Following the completion of the sale, the director now owns 175,486 shares of the company’s stock, valued at $2,672,651.78. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Susan Reardon Bonner sold 35,554 shares of the company’s stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $14.85, for a total value of $527,976.90. Following the sale, the insider now owns 272,623 shares of the company’s stock, valued at $4,048,451.55. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 50,762 shares of company stock valued at $755,153. Insiders own 5.00% of the company’s stock.

OneSpaWorld Stock Performance

Shares of NASDAQ OSW opened at $15.37 on Friday. The company has a 50-day simple moving average of $14.74 and a 200-day simple moving average of $13.91. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.85 and a quick ratio of 1.34. The company has a market cap of $1.54 billion, a PE ratio of 56.93 and a beta of 2.18. OneSpaWorld Holdings Limited has a 12 month low of $9.82 and a 12 month high of $16.29.

OneSpaWorld (NASDAQ:OSW) last released its earnings results on Wednesday, May 1st. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.14 by $0.03. OneSpaWorld had a net margin of 4.14% and a return on equity of 13.01%. The firm had revenue of $211.23 million during the quarter, compared to analysts’ expectations of $206.98 million. During the same period in the previous year, the company earned $0.10 EPS. On average, equities analysts anticipate that OneSpaWorld Holdings Limited will post 0.71 earnings per share for the current year.

OneSpaWorld Company Profile

OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services.