Victory Capital Management Inc. Grows Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Victory Capital Management Inc. grew its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 55.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 92,005 shares of the company’s stock after buying an additional 32,888 shares during the quarter. Victory Capital Management Inc. owned approximately 0.09% of OneSpaWorld worth $1,519,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Versor Investments LP bought a new stake in OneSpaWorld during the 3rd quarter valued at approximately $449,000. Principal Financial Group Inc. grew its holdings in OneSpaWorld by 144.2% during the 3rd quarter. Principal Financial Group Inc. now owns 33,137 shares of the company’s stock valued at $547,000 after purchasing an additional 19,565 shares during the last quarter. Emerald Advisers LLC raised its position in OneSpaWorld by 3.7% in the 3rd quarter. Emerald Advisers LLC now owns 65,498 shares of the company’s stock worth $1,081,000 after purchasing an additional 2,310 shares during the period. Pinnacle Associates Ltd. lifted its stake in OneSpaWorld by 3.6% in the third quarter. Pinnacle Associates Ltd. now owns 2,374,959 shares of the company’s stock worth $39,211,000 after purchasing an additional 82,618 shares during the last quarter. Finally, Semanteon Capital Management LP lifted its stake in OneSpaWorld by 66.9% in the third quarter. Semanteon Capital Management LP now owns 65,080 shares of the company’s stock worth $1,074,000 after purchasing an additional 26,084 shares during the last quarter. Institutional investors own 95.98% of the company’s stock.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In related news, Director Andrew R. Heyer sold 75,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $18.68, for a total value of $1,401,000.00. Following the completion of the transaction, the director now directly owns 545,432 shares of the company’s stock, valued at $10,188,669.76. This trade represents a 12.09 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Stephen Lazarus sold 8,271 shares of OneSpaWorld stock in a transaction that occurred on Monday, September 23rd. The stock was 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 $12,175,910. This trade represents a 1.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 319,810 shares of company stock worth $5,644,816. 5.00% of the stock is owned by corporate insiders.

OneSpaWorld Stock Down 0.1 %

NASDAQ:OSW opened at $19.37 on Tuesday. OneSpaWorld Holdings Limited has a 1-year low of $11.49 and a 1-year high of $19.69. 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 firm has a market cap of $2.01 billion, a PE ratio of 39.53 and a beta of 2.13. The company has a 50-day moving average of $17.56 and a 200 day moving average of $16.22.

OneSpaWorld Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Wednesday, November 20th will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, November 20th. This represents a $0.16 annualized dividend and a yield of 0.83%. OneSpaWorld’s dividend payout ratio (DPR) is presently 32.65%.

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.