Stephen Lazarus Sells 170,339 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) CFO Stephen Lazarus sold 170,339 shares of the business’s stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $16.91, for a total value of $2,880,432.49. Following the completion of the sale, the chief financial officer now directly owns 556,581 shares in the company, valued at approximately $9,411,784.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Stephen Lazarus also recently made the following trade(s):

• On Monday, September 23rd, Stephen Lazarus sold 8,271 shares of OneSpaWorld stock. The shares were sold at an average price of $16.75, for a total value of $138,539.25.
• On Thursday, September 19th, Stephen Lazarus sold 294 shares of OneSpaWorld stock. The shares were sold at an average price of $16.75, for a total value of $4,924.50.

OneSpaWorld Stock Down 1.5 %

OSW stock opened at $16.56 on Friday. OneSpaWorld Holdings Limited has a fifty-two week low of $9.82 and a fifty-two week high of $17.30. The company’s 50 day moving average price is $15.81 and its 200 day moving average price is $14.85. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.49 and a current ratio of 2.03. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 61.34 and a beta of 2.14.

OneSpaWorld (NASDAQ:OSW) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. The business had revenue of $224.89 million for the quarter, compared to analyst estimates of $220.61 million. OneSpaWorld had a net margin of 6.26% and a return on equity of 13.67%. During the same period last year, the business earned $0.13 EPS. On average, equities research analysts anticipate that OneSpaWorld Holdings Limited will post 0.73 EPS for the current fiscal year.

OneSpaWorld Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Wednesday, August 21st were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date was Wednesday, August 21st. OneSpaWorld’s dividend payout ratio (DPR) is 59.26%.

Wall Street Analyst Weigh In

Several research firms have recently commented on OSW. TD Cowen raised their price objective on shares of OneSpaWorld from $16.00 to $19.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Truist Financial increased their target price on shares of OneSpaWorld from $16.00 to $17.00 and gave the stock a “buy” rating in a report on Wednesday, June 12th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. grew its position in shares of OneSpaWorld by 1.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 675,696 shares of the company’s stock valued at $9,527,000 after buying an additional 9,496 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of 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 purchasing an additional 316,905 shares during the last quarter. Trexquant Investment LP increased its position in shares of OneSpaWorld by 24.8% during the fourth quarter. Trexquant Investment LP now owns 96,194 shares of the company’s stock worth $1,356,000 after purchasing an additional 19,099 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of OneSpaWorld by 1.1% in the 4th quarter. Stifel Financial Corp now owns 404,122 shares of the company’s stock valued at $5,698,000 after purchasing an additional 4,475 shares during the last quarter. Finally, Olympiad Research LP acquired a new stake in shares of OneSpaWorld in the 4th quarter valued at about $141,000. Hedge funds and other 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.