Andrew R. Heyer Sells 6,000 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Andrew R. Heyer sold 6,000 shares of the stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $14.57, for a total value of $87,420.00. Following the sale, the director now directly owns 467,145 shares of the company’s stock, valued at $6,806,302.65. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

OneSpaWorld Stock Down 1.0 %

OneSpaWorld stock traded down $0.15 during mid-day trading on Wednesday, reaching $15.00. The company’s stock had a trading volume of 545,549 shares, compared to its average volume of 591,261. The business’s 50 day simple moving average is $15.65 and its 200 day simple moving average is $14.33. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.34 and a current ratio of 1.85. OneSpaWorld Holdings Limited has a 12 month low of $9.82 and a 12 month high of $17.30. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of 56.11 and a beta of 2.14.

OneSpaWorld Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 4th. Stockholders of record on Wednesday, August 21st will be issued a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend is Wednesday, August 21st. OneSpaWorld’s payout ratio is 59.26%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on OSW shares. Truist Financial increased their price objective on shares of OneSpaWorld from $16.00 to $17.00 and gave the stock a “buy” rating in a research report on Wednesday, June 12th. Loop Capital increased their target price on OneSpaWorld from $16.00 to $17.00 and gave the stock a “buy” rating in a report on Wednesday, May 15th. Stifel Nicolaus upped their price objective on OneSpaWorld from $21.00 to $22.00 and gave the stock a “buy” rating in a research report on Thursday, May 23rd. Finally, TD Cowen lifted their target price on OneSpaWorld from $16.00 to $19.00 and gave the company a “buy” rating in a research report on Thursday, August 1st.

Institutional Trading of OneSpaWorld

Several institutional investors and hedge funds have recently bought and sold shares of OSW. Mutual of America Capital Management LLC bought a new position in OneSpaWorld in the first quarter valued at approximately $7,505,000. Vanguard Group Inc. grew its stake in shares of OneSpaWorld by 35.3% in the third quarter. Vanguard Group Inc. now owns 1,970,528 shares of the company’s stock valued at $22,109,000 after buying an additional 514,137 shares in the last quarter. DAVENPORT & Co LLC grew its stake in shares of OneSpaWorld by 21.1% in the first quarter. DAVENPORT & Co LLC now owns 2,694,704 shares of the company’s stock valued at $35,970,000 after buying an additional 470,415 shares in the last quarter. Wellington Management Group LLP acquired a new position in OneSpaWorld during the fourth quarter worth $4,926,000. Finally, Dimensional Fund Advisors LP raised its position in OneSpaWorld by 16.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,260,110 shares of the company’s stock worth $31,869,000 after acquiring an additional 316,905 shares in the last quarter. Institutional investors own 95.98% of the company’s stock.

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.