OneSpaWorld Holdings Limited (NASDAQ:OSW) Stake Cut by ProShare Advisors LLC

ProShare Advisors LLC lessened its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 25.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,180 shares of the company’s stock after selling 3,817 shares during the quarter. ProShare Advisors LLC’s holdings in OneSpaWorld were worth $172,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. SG Americas Securities LLC acquired a new position in shares of OneSpaWorld in the first quarter worth $773,000. Sequoia Financial Advisors LLC purchased a new position in OneSpaWorld in the second quarter valued at about $633,000. Divisadero Street Capital Management LP purchased a new stake in shares of OneSpaWorld during the 2nd quarter worth about $7,685,000. Mutual of America Capital Management LLC acquired a new stake in shares of OneSpaWorld during the 1st quarter valued at about $7,505,000. Finally, New South Capital Management Inc. grew its stake in shares of OneSpaWorld by 10.4% in the 1st quarter. New South Capital Management Inc. now owns 2,651,046 shares of the company’s stock valued at $35,073,000 after buying an additional 250,217 shares in the last quarter. Institutional investors and hedge funds own 95.98% of the company’s stock.

OneSpaWorld Stock Up 3.4 %

Shares of OSW stock opened at $16.70 on Friday. The stock’s 50 day simple moving average is $15.78 and its 200 day simple moving average is $14.97. OneSpaWorld Holdings Limited has a twelve month low of $9.82 and a twelve month high of $17.30. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.49 and a current ratio of 2.03. The company has a market capitalization of $1.68 billion, a price-to-earnings ratio of 61.85 and a beta of 2.14.

OneSpaWorld (NASDAQ:OSW) last announced its quarterly earnings results on Wednesday, July 31st. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.17 by $0.01. OneSpaWorld had a return on equity of 13.67% and a net margin of 6.26%. The company had revenue of $224.89 million for the quarter, compared to the consensus estimate of $220.61 million. During the same quarter last year, the company posted $0.13 earnings per share. As a group, research analysts predict that OneSpaWorld Holdings Limited will post 0.73 EPS for the current year.

OneSpaWorld Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Wednesday, August 21st were given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend was Wednesday, August 21st. OneSpaWorld’s dividend payout ratio is 59.26%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on OSW shares. Truist Financial raised their price objective on shares of OneSpaWorld from $16.00 to $17.00 and gave the company a “buy” rating in a research report on Wednesday, June 12th. TD Cowen raised their price target on shares of OneSpaWorld from $16.00 to $19.00 and gave the company a “buy” rating in a report on Thursday, August 1st.

Insider Buying and Selling at OneSpaWorld

In other OneSpaWorld news, CFO Stephen Lazarus sold 8,271 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $16.75, for a total value of $138,539.25. Following the sale, the chief financial officer now owns 726,920 shares of the company’s stock, valued at $12,175,910. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In other OneSpaWorld news, CFO Stephen Lazarus sold 8,271 shares of the stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $16.75, for a total value of $138,539.25. Following the completion of the sale, the chief financial officer now directly owns 726,920 shares of the company’s stock, valued at $12,175,910. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Andrew R. Heyer sold 6,000 shares of the firm’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $14.57, for a total transaction of $87,420.00. Following the completion of the sale, the director now owns 467,145 shares in the company, valued at $6,806,302.65. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 184,904 shares of company stock worth $3,111,316 over the last ninety days. Company insiders own 5.00% of the company’s stock.

OneSpaWorld 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.