BNP Paribas Financial Markets Raises Stock Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

BNP Paribas Financial Markets increased its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 32.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 81,837 shares of the company’s stock after purchasing an additional 20,095 shares during the period. BNP Paribas Financial Markets owned approximately 0.08% of OneSpaWorld worth $1,351,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FMR LLC grew its position in OneSpaWorld by 54.0% in the third quarter. FMR LLC now owns 4,137,525 shares of the company’s stock worth $68,311,000 after acquiring an additional 1,451,283 shares during the period. Divisadero Street Capital Management LP acquired a new stake in OneSpaWorld during the 2nd quarter worth approximately $7,685,000. Algert Global LLC grew its stake in OneSpaWorld by 1,072.8% during the 3rd quarter. Algert Global LLC now owns 293,325 shares of the company’s stock worth $4,843,000 after purchasing an additional 268,315 shares in the last quarter. Marshall Wace LLP grew its position in shares of OneSpaWorld by 92.1% during the second quarter. Marshall Wace LLP now owns 444,911 shares of the company’s stock worth $6,838,000 after buying an additional 213,328 shares in the last quarter. Finally, Royce & Associates LP purchased a new stake in shares of OneSpaWorld in the 3rd quarter valued at approximately $2,295,000. 95.98% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at OneSpaWorld

In other OneSpaWorld news, CFO Stephen Lazarus sold 8,271 shares of the stock in a transaction dated 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 transaction, the chief financial officer now directly owns 726,920 shares of the company’s stock, valued at approximately $12,175,910. This trade represents a 1.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Andrew R. Heyer sold 75,000 shares of the business’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $18.68, for a total value of $1,401,000.00. Following the sale, the director now owns 545,432 shares in the company, valued at approximately $10,188,669.76. The trade was a 12.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 319,810 shares of company stock valued at $5,644,816. 5.00% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

OneSpaWorld Trading Down 2.9 %

Shares of OneSpaWorld stock opened at $19.29 on Tuesday. The company’s fifty day moving average is $18.08 and its two-hundred day moving average is $16.50. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84. The company has a market capitalization of $2.01 billion, a P/E ratio of 40.55 and a beta of 2.13. OneSpaWorld Holdings Limited has a 1 year low of $11.98 and a 1 year high of $20.26.

OneSpaWorld Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th were paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.83%. The ex-dividend date of this dividend was Wednesday, November 20th. OneSpaWorld’s dividend payout ratio (DPR) is presently 32.65%.

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.