Charles Schwab Investment Management Inc. Acquires 92,085 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Charles Schwab Investment Management Inc. grew its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 12.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 852,946 shares of the company’s stock after purchasing an additional 92,085 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.82% of OneSpaWorld worth $14,082,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Price T Rowe Associates Inc. MD raised its holdings in shares of OneSpaWorld by 13.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 23,858 shares of the company’s stock worth $316,000 after acquiring an additional 2,860 shares during the last quarter. SG Americas Securities LLC increased its position in shares of OneSpaWorld by 45.9% during the second quarter. SG Americas Securities LLC now owns 85,327 shares of the company’s stock valued at $1,311,000 after acquiring an additional 26,863 shares during the last quarter. Sequoia Financial Advisors LLC bought a new stake in OneSpaWorld during the second quarter worth $633,000. Bank of New York Mellon Corp boosted its holdings in shares of OneSpaWorld by 24.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 363,455 shares of the company’s stock worth $5,586,000 after buying an additional 72,470 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of OneSpaWorld by 13,242.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company’s stock worth $174,000 after buying an additional 11,256 shares during the last quarter. 95.98% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Truist Financial raised their price target on shares of OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd.

OneSpaWorld Price Performance

OSW opened at $19.87 on Monday. The firm has a 50-day moving average price of $18.08 and a 200-day moving average price of $16.49. The company has a market capitalization of $2.07 billion, a price-to-earnings ratio of 40.55 and a beta of 2.13. OneSpaWorld Holdings Limited has a twelve month low of $11.98 and a twelve month high of $20.26. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18.

OneSpaWorld Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th were issued a dividend of $0.04 per share. The ex-dividend date was Wednesday, November 20th. This represents a $0.16 dividend on an annualized basis and a yield of 0.81%. OneSpaWorld’s dividend payout ratio (DPR) is 32.65%.

Insider Activity

In other news, Director Andrew R. Heyer sold 75,000 shares of OneSpaWorld stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $18.68, for a total transaction of $1,401,000.00. Following the completion of the sale, the director now owns 545,432 shares in the company, valued at approximately $10,188,669.76. This trade represents a 12.09 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Stephen Lazarus sold 65,906 shares of the company’s stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $18.51, for a total transaction of $1,219,920.06. Following the completion of the transaction, the chief financial officer now owns 490,675 shares in the company, valued at approximately $9,082,394.25. This trade represents a 11.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 319,810 shares of company stock worth $5,644,816. 5.00% of the stock is owned by company insiders.

About OneSpaWorld

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.