Los Angeles Capital Management LLC Sells 17,840 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Los Angeles Capital Management LLC decreased its position in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 19.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 74,345 shares of the company’s stock after selling 17,840 shares during the period. Los Angeles Capital Management LLC owned 0.07% of OneSpaWorld worth $1,479,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Global Retirement Partners LLC purchased a new position in OneSpaWorld during the 4th quarter valued at about $26,000. USA Financial Formulas purchased a new position in OneSpaWorld during the fourth quarter valued at approximately $36,000. Point72 DIFC Ltd bought a new position in OneSpaWorld in the third quarter worth approximately $81,000. KBC Group NV bought a new position in OneSpaWorld in the fourth quarter worth approximately $121,000. Finally, Longboard Asset Management LP purchased a new stake in OneSpaWorld during the fourth quarter worth $209,000. Institutional investors own 95.98% of the company’s stock.

Insider Activity at OneSpaWorld

In other OneSpaWorld news, Director Walter Field Mclallen sold 18,000 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $20.40, for a total transaction of $367,200.00. Following the sale, the director now owns 170,917 shares of the company’s stock, valued at approximately $3,486,706.80. The trade was a 9.53 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 5.00% of the stock is currently owned by corporate insiders.

OneSpaWorld Price Performance

Shares of OSW opened at $19.08 on Friday. The company has a 50 day moving average of $20.36 and a two-hundred day moving average of $18.45. The company has a market cap of $1.98 billion, a price-to-earnings ratio of 27.26 and a beta of 2.10. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18. OneSpaWorld Holdings Limited has a twelve month low of $11.98 and a twelve month high of $23.01.

OneSpaWorld Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.16 annualized dividend and a yield of 0.84%. OneSpaWorld’s dividend payout ratio (DPR) is 22.86%.

Analysts Set New Price Targets

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

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.