Picton Mahoney Asset Management Purchases 172,603 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Picton Mahoney Asset Management raised its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 72.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 411,490 shares of the company’s stock after acquiring an additional 172,603 shares during the quarter. Picton Mahoney Asset Management’s holdings in OneSpaWorld were worth $8,189,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Lord Abbett & CO. LLC lifted its holdings in shares of OneSpaWorld by 53.5% during the third quarter. Lord Abbett & CO. LLC now owns 615,730 shares of the company’s stock valued at $10,166,000 after purchasing an additional 214,557 shares during the last quarter. State Street Corp lifted its holdings in shares of OneSpaWorld by 3.0% during the third quarter. State Street Corp now owns 2,148,522 shares of the company’s stock valued at $35,472,000 after purchasing an additional 61,568 shares during the last quarter. Royce & Associates LP purchased a new position in shares of OneSpaWorld during the third quarter valued at approximately $2,295,000. Geode Capital Management LLC lifted its holdings in shares of OneSpaWorld by 6.2% during the third quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company’s stock valued at $39,869,000 after purchasing an additional 141,578 shares during the last quarter. Finally, Victory Capital Management Inc. raised its holdings in OneSpaWorld by 55.6% in the 3rd quarter. Victory Capital Management Inc. now owns 92,005 shares of the company’s stock worth $1,519,000 after acquiring an additional 32,888 shares during the last quarter. 95.98% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Truist Financial boosted their price objective on shares of OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a report on Tuesday, December 3rd. Stifel Nicolaus boosted their price objective on shares of OneSpaWorld from $24.00 to $25.00 and gave the company a “buy” rating in a research report on Wednesday, January 15th.

OneSpaWorld Trading Up 3.4 %

Shares of OneSpaWorld stock opened at $16.96 on Friday. The company has a market capitalization of $1.78 billion, a P/E ratio of 24.23 and a beta of 2.11. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84. The company has a fifty day moving average of $19.94 and a 200 day moving average of $18.62. OneSpaWorld Holdings Limited has a fifty-two week low of $11.98 and a fifty-two week high of $23.01.

OneSpaWorld Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th will be paid a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.94%. The ex-dividend date is Wednesday, March 12th. OneSpaWorld’s payout ratio is currently 22.86%.

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.