Sciencast Management LP Purchases New Stake in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Sciencast Management LP purchased a new stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,707 shares of the company’s stock, valued at approximately $253,000.

A number of other large investors have also added to or reduced their stakes in the business. Global Retirement Partners LLC bought a new position in OneSpaWorld during the 4th quarter worth $26,000. Signaturefd LLC increased its position in OneSpaWorld by 139.9% during the 4th quarter. Signaturefd LLC now owns 1,317 shares of the company’s stock worth $26,000 after buying an additional 768 shares during the period. USA Financial Formulas bought a new position in OneSpaWorld during the 4th quarter worth $36,000. Point72 DIFC Ltd bought a new position in OneSpaWorld during the 3rd quarter worth $81,000. Finally, Smartleaf Asset Management LLC increased its position in OneSpaWorld by 2,395.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 5,165 shares of the company’s stock worth $103,000 after buying an additional 4,958 shares during the period. Institutional investors own 95.98% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on OSW. Stifel Nicolaus increased their target price on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Wednesday, January 15th. Truist Financial increased their target price on OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a report on Tuesday, December 3rd.

OneSpaWorld Stock Performance

OSW opened at $17.50 on Monday. The firm has a market cap of $1.83 billion, a P/E ratio of 25.00 and a beta of 2.11. OneSpaWorld Holdings Limited has a 52-week low of $11.98 and a 52-week high of $23.01. 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 business’s fifty day moving average is $19.77 and its 200-day moving average is $18.73.

OneSpaWorld Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th will be paid a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend is Wednesday, March 12th. OneSpaWorld’s dividend payout ratio (DPR) is presently 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.