Geode Capital Management LLC Buys 141,578 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Geode Capital Management LLC lifted its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 6.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,414,363 shares of the company’s stock after buying an additional 141,578 shares during the quarter. Geode Capital Management LLC owned about 2.32% of OneSpaWorld worth $39,869,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of OSW. Barclays PLC grew its holdings in shares of OneSpaWorld by 177.8% during the 3rd quarter. Barclays PLC now owns 198,549 shares of the company’s stock worth $3,278,000 after acquiring an additional 127,074 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of OneSpaWorld during the third quarter valued at approximately $9,267,000. Y Intercept Hong Kong Ltd boosted its position in shares of OneSpaWorld by 74.8% during the third quarter. Y Intercept Hong Kong Ltd now owns 41,040 shares of the company’s stock valued at $678,000 after purchasing an additional 17,559 shares in the last quarter. Zacks Investment Management grew its stake in OneSpaWorld by 13.3% in the third quarter. Zacks Investment Management now owns 16,052 shares of the company’s stock worth $265,000 after purchasing an additional 1,881 shares during the period. Finally, Wellington Management Group LLP raised its holdings in OneSpaWorld by 21.4% in the third quarter. Wellington Management Group LLP now owns 1,791,032 shares of the company’s stock worth $29,570,000 after purchasing an additional 316,207 shares in the last quarter. 95.98% of the stock is owned by institutional investors.

Insider Transactions at OneSpaWorld

In other OneSpaWorld news, Director Andrew R. Heyer sold 75,000 shares of OneSpaWorld stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $18.68, for a total value of $1,401,000.00. Following the completion of the sale, the director now owns 545,432 shares of the company’s stock, valued at approximately $10,188,669.76. This trade represents a 12.09 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Walter Field Mclallen sold 18,000 shares of the business’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $20.40, for a total value of $367,200.00. Following the completion of the transaction, the director now owns 170,917 shares of the company’s stock, valued at $3,486,706.80. This represents a 9.53 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 329,245 shares of company stock valued at $5,868,553. Insiders own 5.00% of the company’s stock.

OneSpaWorld Stock Performance

Shares of OSW opened at $19.96 on Wednesday. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18. The stock has a market cap of $2.08 billion, a P/E ratio of 40.73 and a beta of 2.13. The business’s 50 day moving average price is $18.80 and its 200-day moving average price is $16.85. OneSpaWorld Holdings Limited has a 52 week low of $11.98 and a 52 week high of $20.57.

OneSpaWorld Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Wednesday, November 20th were issued a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.80%. The ex-dividend date was Wednesday, November 20th. OneSpaWorld’s dividend payout ratio (DPR) is 32.65%.

Analysts Set New Price Targets

Separately, Truist Financial boosted their target price on shares of OneSpaWorld from $17.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd.

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.