nVerses Capital LLC Sells 1,400 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

nVerses Capital LLC lowered its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 29.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,300 shares of the company’s stock after selling 1,400 shares during the quarter. nVerses Capital LLC’s holdings in OneSpaWorld were worth $54,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Creative Planning raised its holdings in OneSpaWorld by 5.8% during the 3rd quarter. Creative Planning now owns 74,409 shares of the company’s stock worth $1,228,000 after buying an additional 4,071 shares during the period. Kings Path Partners LLC increased its position in shares of OneSpaWorld by 3.2% during the third quarter. Kings Path Partners LLC now owns 77,145 shares of the company’s stock worth $1,274,000 after acquiring an additional 2,380 shares in the last quarter. Quarry LP raised its holdings in shares of OneSpaWorld by 178.9% during the second quarter. Quarry LP now owns 4,306 shares of the company’s stock worth $66,000 after acquiring an additional 2,762 shares during the period. Algert Global LLC bought a new stake in OneSpaWorld in the 2nd quarter valued at $384,000. Finally, Driehaus Capital Management LLC boosted its stake in OneSpaWorld by 6.1% in the 2nd quarter. Driehaus Capital Management LLC now owns 1,867,527 shares of the company’s stock worth $28,704,000 after purchasing an additional 106,910 shares during the period. Institutional investors own 95.98% of the company’s stock.

OneSpaWorld Price Performance

NASDAQ OSW opened at $16.89 on Tuesday. The firm’s 50 day moving average is $16.10 and its 200-day moving average is $15.31. The company has a quick ratio of 1.49, a current ratio of 2.03 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $1.70 billion, a PE ratio of 62.56 and a beta of 2.14. OneSpaWorld Holdings Limited has a 12-month low of $9.82 and a 12-month high of $17.89.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.01. OneSpaWorld had a net margin of 6.26% and a return on equity of 13.67%. The firm had revenue of $224.89 million for the quarter, compared to analyst estimates of $220.61 million. During the same period in the previous year, the business earned $0.13 EPS. Equities research analysts anticipate that OneSpaWorld Holdings Limited will post 0.73 earnings per share for the current fiscal year.

OneSpaWorld Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Wednesday, August 21st were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $0.16 annualized dividend and a yield of 0.95%. OneSpaWorld’s payout ratio is presently 59.26%.

Analyst Ratings Changes

Separately, TD Cowen lifted their price target on OneSpaWorld from $16.00 to $19.00 and gave the company a “buy” rating in a research note on Thursday, August 1st.

Insider Activity at OneSpaWorld

In other news, Director Andrew R. Heyer sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $14.57, for a total transaction of $87,420.00. Following the sale, the director now owns 467,145 shares in the company, valued at $6,806,302.65. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. In related news, CFO Stephen Lazarus sold 8,271 shares of the firm’s 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 sale, the chief financial officer now directly owns 726,920 shares in the company, valued at approximately $12,175,910. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Andrew R. Heyer sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, August 5th. The stock was 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 in the company, valued at approximately $6,806,302.65. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 184,904 shares of company stock valued at $3,111,316. 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.