OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Sells $367,200.00 in Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Walter Field Mclallen sold 18,000 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $20.40, for a total value of $367,200.00. Following the completion of the sale, the director now directly owns 170,917 shares in the company, valued at approximately $3,486,706.80. The trade was a 9.53 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

OneSpaWorld Price Performance

OSW stock opened at $19.57 on Thursday. The stock has a market capitalization of $2.03 billion, a price-to-earnings ratio of 39.94 and a beta of 2.13. The stock’s fifty day simple moving average is $18.62 and its 200-day simple moving average is $16.76. OneSpaWorld Holdings Limited has a 52-week low of $11.98 and a 52-week high of $20.57. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18.

OneSpaWorld Dividend Announcement

The firm also recently declared 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 0.82%. The ex-dividend date was Wednesday, November 20th. OneSpaWorld’s dividend payout ratio (DPR) is 32.65%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Morse Asset Management Inc grew its holdings in OneSpaWorld by 8.1% in the third quarter. Morse Asset Management Inc now owns 14,050 shares of the company’s stock valued at $232,000 after purchasing an additional 1,050 shares during the period. Zacks Investment Management grew its stake in shares of OneSpaWorld by 13.3% during the 3rd quarter. Zacks Investment Management now owns 16,052 shares of the company’s stock valued at $265,000 after buying an additional 1,881 shares during the period. Emerald Advisers LLC increased its holdings in shares of OneSpaWorld by 3.7% during the 3rd quarter. Emerald Advisers LLC now owns 65,498 shares of the company’s stock worth $1,081,000 after buying an additional 2,310 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of OneSpaWorld by 20.9% in the 2nd quarter. Principal Financial Group Inc. now owns 13,572 shares of the company’s stock worth $209,000 after buying an additional 2,350 shares during the period. Finally, Kings Path Partners LLC boosted its holdings in OneSpaWorld by 3.2% in the third quarter. Kings Path Partners LLC now owns 77,145 shares of the company’s stock valued at $1,274,000 after acquiring an additional 2,380 shares during the last quarter. 95.98% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Truist Financial upped their price objective on OneSpaWorld from $17.00 to $22.00 and gave the company a “buy” rating in a research 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.