Sei Investments Co. Purchases Shares of 43,449 OneSpaWorld Holdings Limited (NASDAQ:OSW)

Sei Investments Co. acquired a new position in OneSpaWorld Holdings Limited (NASDAQ:OSW) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 43,449 shares of the company’s stock, valued at approximately $668,000.

Other large investors also recently made changes to their positions in the company. Principal Financial Group Inc. purchased a new stake in shares of OneSpaWorld during the first quarter worth about $148,000. Allspring Global Investments Holdings LLC grew its holdings in OneSpaWorld by 13,242.4% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company’s stock worth $174,000 after acquiring an additional 11,256 shares in the last quarter. ProShare Advisors LLC raised its stake in shares of OneSpaWorld by 8.5% in the 1st quarter. ProShare Advisors LLC now owns 14,997 shares of the company’s stock valued at $198,000 after purchasing an additional 1,181 shares in the last quarter. Entropy Technologies LP bought a new position in shares of OneSpaWorld during the first quarter worth about $221,000. Finally, Price T Rowe Associates Inc. MD grew its stake in OneSpaWorld by 13.6% in the first 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 in the last quarter. Institutional investors and hedge funds own 95.98% of the company’s stock.

Insiders Place Their Bets

In other OneSpaWorld news, CFO Stephen Lazarus sold 170,339 shares of OneSpaWorld stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $16.91, for a total transaction of $2,880,432.49. Following the sale, the chief financial officer now owns 556,581 shares of the company’s stock, valued at $9,411,784.71. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other OneSpaWorld news, CFO Stephen Lazarus sold 170,339 shares of the business’s stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $16.91, for a total transaction of $2,880,432.49. Following the sale, the chief financial officer now directly owns 556,581 shares in the company, valued at approximately $9,411,784.71. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Andrew R. Heyer sold 6,000 shares of the stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $14.57, for a total transaction of $87,420.00. Following the completion of the transaction, the director now owns 467,145 shares of the company’s stock, valued at $6,806,302.65. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 184,904 shares of company stock worth $3,111,316. Insiders own 5.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on OSW shares. TD Cowen upped their price objective on OneSpaWorld from $16.00 to $19.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Truist Financial boosted their price target on OneSpaWorld from $16.00 to $17.00 and gave the company a “buy” rating in a report on Wednesday, June 12th.

OneSpaWorld Stock Up 3.3 %

NASDAQ:OSW opened at $17.11 on Wednesday. The company has a current ratio of 2.03, a quick ratio of 1.49 and a debt-to-equity ratio of 0.23. The stock has a 50 day moving average of $15.78 and a 200-day moving average of $15.02. The firm has a market capitalization of $1.72 billion, a PE ratio of 61.37 and a beta of 2.14. OneSpaWorld Holdings Limited has a 52 week low of $9.82 and a 52 week high of $17.42.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.01. The firm had revenue of $224.89 million during the quarter, compared to the consensus estimate of $220.61 million. OneSpaWorld had a return on equity of 13.67% and a net margin of 6.26%. During the same period in the prior year, the business earned $0.13 EPS. Analysts predict that OneSpaWorld Holdings Limited will post 0.73 EPS for the current year.

OneSpaWorld Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Wednesday, August 21st were paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date of this dividend was Wednesday, August 21st. OneSpaWorld’s payout ratio is 59.26%.

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.