Mutual of America Capital Management LLC Trims Stock Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Mutual of America Capital Management LLC reduced its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 1.6% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 558,320 shares of the company’s stock after selling 8,987 shares during the period. Mutual of America Capital Management LLC owned approximately 0.56% of OneSpaWorld worth $8,581,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. ProShare Advisors LLC grew its position in OneSpaWorld by 8.5% during the 1st quarter. ProShare Advisors LLC now owns 14,997 shares of the company’s stock worth $198,000 after purchasing an additional 1,181 shares during the period. Principal Financial Group Inc. grew its position in OneSpaWorld by 20.9% during the 2nd quarter. Principal Financial Group Inc. now owns 13,572 shares of the company’s stock worth $209,000 after purchasing an additional 2,350 shares during the period. Price T Rowe Associates Inc. MD grew its position in OneSpaWorld by 13.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 23,858 shares of the company’s stock worth $316,000 after purchasing an additional 2,860 shares during the period. Envestnet Asset Management Inc. grew its position in shares of OneSpaWorld by 3.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 125,675 shares of the company’s stock valued at $1,932,000 after acquiring an additional 3,981 shares during the period. Finally, Stifel Financial Corp grew its position in shares of OneSpaWorld by 1.1% during the 4th quarter. Stifel Financial Corp now owns 404,122 shares of the company’s stock valued at $5,698,000 after acquiring an additional 4,475 shares during the period. 95.98% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on OSW shares. Truist Financial raised their target price on 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 target price on OneSpaWorld from $16.00 to $19.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. Finally, Stifel Nicolaus lifted their price objective on OneSpaWorld from $21.00 to $22.00 and gave the stock a “buy” rating in a report on Thursday, May 23rd.

OneSpaWorld Trading Up 0.8 %

OSW stock opened at $16.36 on Thursday. The company has a current ratio of 2.03, a quick ratio of 1.49 and a debt-to-equity ratio of 0.23. OneSpaWorld Holdings Limited has a 12-month low of $9.82 and a 12-month high of $17.30. The stock has a market cap of $1.64 billion, a price-to-earnings ratio of 60.59 and a beta of 2.14. The business’s 50-day moving average is $15.77 and its 200 day moving average is $14.67.

OneSpaWorld (NASDAQ:OSW) last released its earnings results on Wednesday, July 31st. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.01. OneSpaWorld had a net margin of 6.26% and a return on equity of 13.67%. The business had revenue of $224.89 million for the quarter, compared to analyst estimates of $220.61 million. During the same period last year, the company posted $0.13 EPS. On average, sell-side analysts anticipate that OneSpaWorld Holdings Limited will post 0.73 EPS for the current fiscal year.

OneSpaWorld Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Wednesday, August 21st were paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date was Wednesday, August 21st. OneSpaWorld’s dividend payout ratio (DPR) is 59.26%.

Insiders Place Their Bets

In other OneSpaWorld news, Director Andrew R. Heyer sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $14.57, for a total value of $87,420.00. Following the transaction, the director now directly owns 467,145 shares of the company’s stock, valued at approximately $6,806,302.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate 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.