Bank of New York Mellon Corp Acquires 37,133 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Bank of New York Mellon Corp raised its position in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 14.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 286,855 shares of the company’s stock after acquiring an additional 37,133 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.28% of OneSpaWorld worth $5,708,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Morse Asset Management Inc grew 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 worth $232,000 after purchasing an additional 1,050 shares in the last quarter. Sheets Smith Wealth Management lifted its stake in shares of OneSpaWorld by 3.3% in the 4th quarter. Sheets Smith Wealth Management now owns 32,952 shares of the company’s stock valued at $656,000 after purchasing an additional 1,050 shares during the last quarter. Global Retirement Partners LLC bought a new stake in shares of OneSpaWorld during the 4th quarter worth approximately $26,000. USA Financial Formulas bought a new stake in shares of OneSpaWorld during the 4th quarter worth approximately $36,000. Finally, Zacks Investment Management increased its holdings in shares of OneSpaWorld by 13.3% in the 3rd quarter. Zacks Investment Management now owns 16,052 shares of the company’s stock valued at $265,000 after acquiring an additional 1,881 shares during the period. Institutional investors own 95.98% of the company’s stock.

OneSpaWorld Price Performance

NASDAQ:OSW opened at $16.96 on Monday. OneSpaWorld Holdings Limited has a 12 month low of $11.98 and a 12 month high of $23.01. The stock has a 50 day moving average of $19.94 and a two-hundred day moving average of $18.67. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. The firm has a market cap of $1.78 billion, a P/E ratio of 24.23 and a beta of 2.11.

OneSpaWorld Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be given a $0.04 dividend. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.94%. OneSpaWorld’s dividend payout ratio (DPR) is presently 22.86%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Truist Financial lifted their price target on OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. Stifel Nicolaus upped their price target on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Wednesday, January 15th.

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.