Walter Field Mclallen Sells 18,000 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Walter Field Mclallen sold 18,000 shares of OneSpaWorld stock in a transaction 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 transaction, the director now directly owns 170,917 shares of the company’s stock, valued at $3,486,706.80. This represents a 9.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

OneSpaWorld Stock Up 0.5 %

Shares of OSW opened at $20.36 on Wednesday. The firm has a 50 day simple moving average of $18.57 and a two-hundred day simple moving average of $16.74. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29. OneSpaWorld Holdings Limited has a one year low of $11.98 and a one year high of $20.57. The company has a market cap of $2.12 billion, a P/E ratio of 41.55 and a beta of 2.13.

OneSpaWorld Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th were issued a dividend of $0.04 per share. The ex-dividend date was Wednesday, November 20th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.79%. OneSpaWorld’s dividend payout ratio (DPR) is currently 32.65%.

Analysts Set New Price Targets

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

Institutional Trading of OneSpaWorld

Large investors have recently bought and sold shares of the business. Quarry LP lifted its holdings in shares of OneSpaWorld by 178.9% in the second quarter. Quarry LP now owns 4,306 shares of the company’s stock worth $66,000 after acquiring an additional 2,762 shares during the last quarter. Point72 DIFC Ltd bought a new position in OneSpaWorld in the 3rd quarter valued at approximately $81,000. Allspring Global Investments Holdings LLC boosted its position in OneSpaWorld by 13,242.4% in the second quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company’s stock valued at $174,000 after buying an additional 11,256 shares in the last quarter. Morse Asset Management Inc bought a new stake in shares of OneSpaWorld during the second quarter worth $200,000. Finally, Principal Financial Group Inc. increased its holdings in shares of OneSpaWorld by 20.9% during the second 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 in the last quarter. 95.98% of the stock is owned by institutional investors and hedge funds.

OneSpaWorld Company Profile

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.