Alpha DNA Investment Management LLC Sells 4,384 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Alpha DNA Investment Management LLC decreased its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 13.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 27,989 shares of the company’s stock after selling 4,384 shares during the quarter. Alpha DNA Investment Management LLC’s holdings in OneSpaWorld were worth $462,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. ProShare Advisors LLC raised its position in OneSpaWorld by 8.5% during the first quarter. ProShare Advisors LLC now owns 14,997 shares of the company’s stock valued at $198,000 after purchasing an additional 1,181 shares in the last quarter. Emerald Advisers LLC boosted its holdings in shares of OneSpaWorld by 3.7% in the 3rd quarter. Emerald Advisers LLC now owns 65,498 shares of the company’s stock worth $1,081,000 after purchasing an additional 2,310 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of OneSpaWorld by 20.9% during the 2nd quarter. Principal Financial Group Inc. now owns 13,572 shares of the company’s stock valued at $209,000 after purchasing an additional 2,350 shares during the last quarter. Kings Path Partners LLC raised its holdings in shares of OneSpaWorld by 3.2% during the 3rd quarter. Kings Path Partners LLC now owns 77,145 shares of the company’s stock valued at $1,274,000 after buying an additional 2,380 shares in the last quarter. Finally, Quarry LP lifted its position in OneSpaWorld by 178.9% in the 2nd quarter. Quarry LP now owns 4,306 shares of the company’s stock worth $66,000 after buying an additional 2,762 shares during the last quarter. 95.98% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, TD Cowen increased 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.

OneSpaWorld Trading Up 1.5 %

NASDAQ:OSW opened at $19.39 on Monday. The firm has a market capitalization of $2.02 billion, a P/E ratio of 39.57 and a beta of 2.13. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18. The company has a fifty day moving average of $17.49 and a 200 day moving average of $16.18. OneSpaWorld Holdings Limited has a 52 week low of $11.49 and a 52 week high of $19.61.

OneSpaWorld Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th will be paid a $0.04 dividend. The ex-dividend date is Wednesday, November 20th. This represents a $0.16 annualized dividend and a dividend yield of 0.83%. OneSpaWorld’s payout ratio is presently 32.65%.

Insider Activity at OneSpaWorld

In other OneSpaWorld news, CFO Stephen Lazarus sold 8,271 shares of the firm’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $16.75, for a total value of $138,539.25. Following the completion of the sale, the chief financial officer now directly owns 726,920 shares in the company, valued at $12,175,910. This trade represents a 1.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Andrew R. Heyer sold 75,000 shares of OneSpaWorld 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 sale, the director now directly owns 545,432 shares in the company, valued at approximately $10,188,669.76. The trade was a 12.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 319,810 shares of company stock worth $5,644,816 in the last 90 days. Company insiders own 5.00% of the company’s stock.

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.