OneSpaWorld Holdings Limited (NASDAQ:OSW) Holdings Decreased by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC trimmed its position in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 17.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,130 shares of the company’s stock after selling 2,380 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in OneSpaWorld were worth $221,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. FMR LLC boosted its position in OneSpaWorld by 54.0% during the 3rd quarter. FMR LLC now owns 4,137,525 shares of the company’s stock worth $68,311,000 after acquiring an additional 1,451,283 shares during the period. Geode Capital Management LLC boosted its position in OneSpaWorld by 6.2% during the 3rd quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company’s stock worth $39,869,000 after acquiring an additional 141,578 shares during the period. Pinnacle Associates Ltd. boosted its position in OneSpaWorld by 3.6% during the 3rd quarter. Pinnacle Associates Ltd. now owns 2,374,959 shares of the company’s stock worth $39,211,000 after acquiring an additional 82,618 shares during the period. State Street Corp boosted its position in OneSpaWorld by 3.0% during the 3rd quarter. State Street Corp now owns 2,148,522 shares of the company’s stock worth $35,472,000 after acquiring an additional 61,568 shares during the period. Finally, Wellington Management Group LLP boosted its position in OneSpaWorld by 21.4% during the 3rd quarter. Wellington Management Group LLP now owns 1,791,032 shares of the company’s stock worth $29,570,000 after acquiring an additional 316,207 shares during the period. 95.98% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on OSW. Stifel Nicolaus boosted their price target on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th. Truist Financial upped their price objective on OneSpaWorld from $17.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd.

Insider Buying and Selling at OneSpaWorld

In other news, Director Walter Field Mclallen sold 18,000 shares of the company’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $20.40, for a total transaction of $367,200.00. Following the completion of the sale, the director now owns 170,917 shares in the company, valued at approximately $3,486,706.80. This represents a 9.53 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 5.00% of the company’s stock.

OneSpaWorld Stock Performance

Shares of NASDAQ OSW opened at $22.50 on Tuesday. The business’s 50-day moving average price is $20.35 and its two-hundred day moving average price is $18.19. 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 $22.61. The company has a market capitalization of $2.34 billion, a P/E ratio of 45.92 and a beta of 2.10.

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.