Yarbrough Capital LLC Buys Shares of 18,520 OneSpaWorld Holdings Limited (NASDAQ:OSW)

Yarbrough Capital LLC purchased a new position in OneSpaWorld Holdings Limited (NASDAQ:OSW) during the 4th quarter, HoldingsChannel reports. The firm purchased 18,520 shares of the company’s stock, valued at approximately $369,000.

A number of other hedge funds have also recently bought and sold shares of OSW. USA Financial Formulas acquired a new stake in shares of OneSpaWorld in the 4th quarter valued at $36,000. Quarry LP boosted its position in OneSpaWorld by 178.9% in the second quarter. Quarry LP now owns 4,306 shares of the company’s stock valued at $66,000 after buying an additional 2,762 shares in the last quarter. Point72 DIFC Ltd bought a new stake in OneSpaWorld during the third quarter worth about $81,000. Glenmede Trust Co. NA acquired a new stake in shares of OneSpaWorld during the third quarter worth approximately $210,000. Finally, Morse Asset Management Inc acquired a new position in shares of OneSpaWorld in the 2nd quarter worth approximately $200,000. 95.98% of the stock is owned by institutional investors.

OneSpaWorld Price Performance

Shares of NASDAQ OSW opened at $19.49 on Friday. The company has a fifty day moving average price of $19.45 and a 200 day moving average price of $17.36. OneSpaWorld Holdings Limited has a 1-year low of $11.98 and a 1-year high of $20.57. The firm has a market cap of $2.03 billion, a PE ratio of 39.78 and a beta of 2.10. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18.

OneSpaWorld Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th were given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend was Wednesday, November 20th. OneSpaWorld’s dividend payout ratio is presently 32.65%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Truist Financial upped their price target on shares of OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. Stifel Nicolaus upped their price target on OneSpaWorld from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Wednesday.

Insider Activity at OneSpaWorld

In other news, CFO Stephen Lazarus sold 65,906 shares of the company’s stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $18.51, for a total value of $1,219,920.06. Following the sale, the chief financial officer now directly owns 490,675 shares of the company’s stock, valued at approximately $9,082,394.25. This represents a 11.84 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Walter Field Mclallen sold 18,000 shares of OneSpaWorld stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $20.40, for a total value of $367,200.00. Following the transaction, the director now owns 170,917 shares of the company’s stock, valued at $3,486,706.80. The trade was a 9.53 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 158,906 shares of company stock valued at $2,988,120. 5.00% of the stock is owned by insiders.

OneSpaWorld 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.