Walter Field Mclallen Sells 18,000 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Walter Field Mclallen sold 18,000 shares of OneSpaWorld stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $20.40, for a total value of $367,200.00. Following the transaction, the director now directly owns 170,917 shares in the company, valued at approximately $3,486,706.80. The trade was a 9.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

OneSpaWorld Price Performance

OSW traded up $0.28 on Monday, hitting $20.49. 264,472 shares of the company’s stock traded hands, compared to its average volume of 542,137. The company’s 50 day simple moving average is $18.43 and its 200-day simple moving average is $16.67. The firm has a market cap of $2.13 billion, a price-to-earnings ratio of 41.24 and a beta of 2.13. OneSpaWorld Holdings Limited has a one year low of $11.98 and a one year high of $20.57. 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 firm also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th were paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend was Wednesday, November 20th. OneSpaWorld’s dividend payout ratio (DPR) is presently 32.65%.

Analyst Ratings Changes

Separately, Truist Financial lifted their price objective on OneSpaWorld from $17.00 to $22.00 and gave the company a “buy” rating in a research report on Tuesday, December 3rd.

Institutional Trading of OneSpaWorld

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp increased its stake in OneSpaWorld by 24.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 363,455 shares of the company’s stock worth $5,586,000 after acquiring an additional 72,470 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in OneSpaWorld by 13,242.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company’s stock worth $174,000 after acquiring an additional 11,256 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in OneSpaWorld by 45.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 29,334 shares of the company’s stock worth $451,000 after acquiring an additional 9,218 shares during 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. Finally, Kings Path Partners LLC bought a new position in shares of OneSpaWorld during the 2nd quarter valued at approximately $1,149,000. Institutional investors own 95.98% of the company’s stock.

About OneSpaWorld

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.