State Street Corp Boosts Stock Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

State Street Corp grew its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 3.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,148,522 shares of the company’s stock after buying an additional 61,568 shares during the quarter. State Street Corp owned 2.07% of OneSpaWorld worth $35,472,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Point72 DIFC Ltd purchased a new stake in OneSpaWorld in the third quarter worth $81,000. Point72 Asset Management L.P. boosted its stake in shares of OneSpaWorld by 71.0% during the 3rd quarter. Point72 Asset Management L.P. now owns 17,972 shares of the company’s stock valued at $297,000 after purchasing an additional 7,463 shares in the last quarter. Morse Asset Management Inc increased its position in shares of OneSpaWorld by 8.1% during the third quarter. Morse Asset Management Inc now owns 14,050 shares of the company’s stock valued at $232,000 after buying an additional 1,050 shares during the period. Verition Fund Management LLC raised its stake in OneSpaWorld by 218.4% in the third quarter. Verition Fund Management LLC now owns 132,214 shares of the company’s stock worth $2,183,000 after buying an additional 90,694 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in OneSpaWorld by 161.6% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 76,751 shares of the company’s stock worth $1,267,000 after buying an additional 47,417 shares during the period. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Insiders Place Their Bets

In other OneSpaWorld news, Director Andrew R. Heyer sold 75,000 shares of the company’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 completion of the sale, the director now directly owns 545,432 shares in the company, valued at approximately $10,188,669.76. This represents a 12.09 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Stephen Lazarus sold 8,271 shares of the business’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $16.75, for a total transaction of $138,539.25. Following the completion of the sale, the chief financial officer now owns 726,920 shares of the company’s stock, valued at approximately $12,175,910. This represents a 1.13 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 337,516 shares of company stock valued at $6,007,092 over the last three months. 5.00% of the stock is owned by company insiders.

OneSpaWorld Price Performance

Shares of NASDAQ:OSW opened at $20.18 on Friday. The firm’s 50 day simple moving average is $18.74 and its two-hundred day simple moving average is $16.81. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29. The company has a market capitalization of $2.10 billion, a P/E ratio of 41.18 and a beta of 2.13. OneSpaWorld Holdings Limited has a 1-year low of $11.98 and a 1-year high of $20.57.

OneSpaWorld Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th were given a $0.04 dividend. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $0.16 dividend on an annualized basis and a yield of 0.79%. OneSpaWorld’s dividend payout ratio is presently 32.65%.

Analyst Upgrades and Downgrades

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

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.