Simon Quick Advisors LLC Invests $247,000 in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Simon Quick Advisors LLC acquired a new position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 12,387 shares of the company’s stock, valued at approximately $247,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. USA Financial Formulas purchased a new position in OneSpaWorld during the 4th quarter worth $36,000. Quarry LP grew its stake in shares of OneSpaWorld by 178.9% during the second quarter. Quarry LP now owns 4,306 shares of the company’s stock worth $66,000 after acquiring an additional 2,762 shares during the last quarter. Point72 DIFC Ltd purchased a new stake in shares of OneSpaWorld during the third quarter worth about $81,000. Glenmede Trust Co. NA acquired a new position in shares of OneSpaWorld during the third quarter valued at about $210,000. Finally, 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 during the last quarter. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Insiders Place Their Bets

In other OneSpaWorld news, Director Andrew R. Heyer sold 75,000 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $18.68, for a total transaction of $1,401,000.00. Following the completion of the transaction, the director now directly owns 545,432 shares in the company, valued at approximately $10,188,669.76. This represents a 12.09 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Stephen Lazarus sold 65,906 shares of the company’s stock in a transaction dated Wednesday, October 30th. The stock was sold at an average price of $18.51, for a total transaction of $1,219,920.06. Following the transaction, the chief financial officer now owns 490,675 shares of the company’s stock, valued at approximately $9,082,394.25. This trade represents a 11.84 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 158,906 shares of company stock worth $2,988,120. Company insiders own 5.00% of the company’s stock.

OneSpaWorld Trading Up 0.0 %

Shares of NASDAQ:OSW opened at $20.04 on Friday. The company has a market capitalization of $2.08 billion, a PE ratio of 40.90 and a beta of 2.10. OneSpaWorld Holdings Limited has a 12-month low of $11.98 and a 12-month high of $20.57. The business has a 50 day moving average of $19.56 and a two-hundred day moving average of $17.56. 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 disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Wednesday, November 20th were issued a $0.04 dividend. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $0.16 dividend on an annualized basis and a yield of 0.80%. OneSpaWorld’s payout ratio is 32.65%.

Analysts Set New Price Targets

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