Andrew R. Heyer Sells 75,000 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Andrew R. Heyer sold 75,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $18.68, for a total value of $1,401,000.00. Following the completion of the sale, the director now owns 545,432 shares of the company’s stock, valued at approximately $10,188,669.76. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

OneSpaWorld Price Performance

OSW opened at $19.01 on Friday. OneSpaWorld Holdings Limited has a 52 week low of $10.93 and a 52 week high of $19.20. The business has a 50 day moving average price of $16.79 and a two-hundred day moving average price of $15.80. The company has a quick ratio of 1.49, a current ratio of 1.84 and a debt-to-equity ratio of 0.18. The company has a market cap of $1.98 billion, a PE ratio of 38.80 and a beta of 2.13.

OneSpaWorld Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th will be given a $0.04 dividend. The ex-dividend date of this dividend is Wednesday, November 20th. This represents a $0.16 dividend on an annualized basis and a yield of 0.84%. OneSpaWorld’s dividend payout ratio (DPR) is 32.65%.

Hedge Funds Weigh In On OneSpaWorld

A number of large investors have recently bought and sold shares of the company. SG Americas Securities LLC acquired a new position in shares of OneSpaWorld during the first quarter worth about $773,000. Divisadero Street Capital Management LP acquired a new position in OneSpaWorld during the 2nd quarter worth approximately $7,685,000. Sequoia Financial Advisors LLC purchased a new position in shares of OneSpaWorld during the 2nd quarter worth approximately $633,000. Driehaus Capital Management LLC lifted its holdings in shares of OneSpaWorld by 6.1% in the 2nd quarter. Driehaus Capital Management LLC now owns 1,867,527 shares of the company’s stock valued at $28,704,000 after buying an additional 106,910 shares during the period. Finally, New South Capital Management Inc. boosted its stake in shares of OneSpaWorld by 10.4% in the first quarter. New South Capital Management Inc. now owns 2,651,046 shares of the company’s stock valued at $35,073,000 after buying an additional 250,217 shares in the last quarter. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Wall Street Analyst Weigh In

Separately, TD Cowen upped their price target on shares of OneSpaWorld from $16.00 to $19.00 and gave the company a “buy” rating in a research report on Thursday, August 1st.

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.