OneSpaWorld (NASDAQ:OSW) Price Target Raised to $25.00 at Stifel Nicolaus

OneSpaWorld (NASDAQ:OSW) had its target price boosted by Stifel Nicolaus from $24.00 to $25.00 in a report released on Wednesday,Benzinga reports. The firm currently has a buy rating on the stock.

Separately, Truist Financial increased their price target on OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd.

OneSpaWorld Price Performance

OSW stock opened at $19.19 on Wednesday. The company has a market cap of $2.00 billion, a price-to-earnings ratio of 39.16 and a beta of 2.10. OneSpaWorld has a 12-month low of $11.98 and a 12-month high of $20.57. The firm has a 50 day moving average of $19.45 and a 200-day moving average of $17.34. 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 declared a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Wednesday, November 20th were paid a dividend of $0.04 per share. The ex-dividend date was Wednesday, November 20th. This represents a $0.16 annualized dividend and a yield of 0.83%. OneSpaWorld’s dividend payout ratio is presently 32.65%.

Insider Activity

In other OneSpaWorld news, Director Andrew R. Heyer sold 75,000 shares of the 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 completion of the sale, the director now owns 545,432 shares of the company’s stock, valued at $10,188,669.76. This trade represents a 12.09 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Walter Field Mclallen sold 18,000 shares of the business’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $20.40, for a total transaction 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 disclosure for this sale can be found here. Insiders have sold 158,906 shares of company stock valued at $2,988,120 in the last three months. Corporate insiders own 5.00% of the company’s stock.

Institutional Trading of OneSpaWorld

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Morse Asset Management Inc raised its position in shares of OneSpaWorld by 8.1% in the 3rd quarter. Morse Asset Management Inc now owns 14,050 shares of the company’s stock valued at $232,000 after purchasing an additional 1,050 shares in the last quarter. USA Financial Formulas acquired a new stake in OneSpaWorld in the fourth quarter valued at $36,000. Zacks Investment Management boosted its stake in OneSpaWorld by 13.3% during the 3rd quarter. Zacks Investment Management now owns 16,052 shares of the company’s stock valued at $265,000 after acquiring an additional 1,881 shares during the last quarter. Emerald Advisers LLC grew its holdings in OneSpaWorld by 3.7% during the 3rd quarter. Emerald Advisers LLC now owns 65,498 shares of the company’s stock worth $1,081,000 after acquiring an additional 2,310 shares in the last quarter. Finally, Kings Path Partners LLC raised its stake in shares of OneSpaWorld by 3.2% in the 3rd quarter. Kings Path Partners LLC now owns 77,145 shares of the company’s stock valued at $1,274,000 after purchasing an additional 2,380 shares in the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

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.