MetLife Investment Management LLC Has $1.02 Million Stock Position in OneSpaWorld Holdings Limited $OSW

MetLife Investment Management LLC trimmed its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 1.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 60,449 shares of the company’s stock after selling 992 shares during the quarter. MetLife Investment Management LLC owned 0.06% of OneSpaWorld worth $1,015,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Penn Capital Management Company LLC acquired a new stake in OneSpaWorld during the first quarter valued at approximately $472,000. Smartleaf Asset Management LLC boosted its holdings in OneSpaWorld by 27.9% during the first quarter. Smartleaf Asset Management LLC now owns 6,608 shares of the company’s stock valued at $109,000 after purchasing an additional 1,443 shares in the last quarter. Channing Capital Management LLC boosted its holdings in OneSpaWorld by 14.7% during the first quarter. Channing Capital Management LLC now owns 3,251,124 shares of the company’s stock valued at $54,586,000 after purchasing an additional 416,609 shares in the last quarter. Northern Trust Corp boosted its holdings in OneSpaWorld by 9.7% during the first quarter. Northern Trust Corp now owns 1,068,228 shares of the company’s stock valued at $17,936,000 after purchasing an additional 94,036 shares in the last quarter. Finally, American Century Companies Inc. boosted its holdings in OneSpaWorld by 566.4% during the first quarter. American Century Companies Inc. now owns 1,448,268 shares of the company’s stock valued at $24,316,000 after purchasing an additional 1,230,931 shares in the last quarter. 95.98% of the stock is owned by institutional investors and hedge funds.

OneSpaWorld Stock Down 0.8%

Shares of OSW opened at $21.96 on Friday. The company has a market capitalization of $2.26 billion, a P/E ratio of 32.29 and a beta of 1.32. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.88 and a quick ratio of 1.19. OneSpaWorld Holdings Limited has a one year low of $14.21 and a one year high of $23.28. The business’s 50 day simple moving average is $21.86 and its 200-day simple moving average is $19.47.

OneSpaWorld (NASDAQ:OSW) last announced its earnings results on Wednesday, July 30th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.24 by $0.01. The business had revenue of $240.73 million for the quarter, compared to the consensus estimate of $238.28 million. OneSpaWorld had a return on equity of 15.93% and a net margin of 7.74%.OneSpaWorld’s revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.20 EPS. OneSpaWorld has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts predict that OneSpaWorld Holdings Limited will post 0.9 EPS for the current fiscal year.

OneSpaWorld Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Wednesday, August 20th were given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.7%. The ex-dividend date was Wednesday, August 20th. OneSpaWorld’s payout ratio is 23.53%.

Insider Activity at OneSpaWorld

In related news, Director Andrew R. Heyer sold 31,289 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $21.59, for a total value of $675,529.51. Following the completion of the transaction, the director owned 332,145 shares in the company, valued at $7,171,010.55. The trade was a 8.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Glenn Fusfield sold 23,116 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $21.57, for a total transaction of $498,612.12. Following the completion of the transaction, the director owned 151,799 shares of the company’s stock, valued at $3,274,304.43. This trade represents a 13.22% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 238,263 shares of company stock valued at $5,250,920 in the last 90 days. 3.90% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on OSW shares. Stifel Nicolaus lifted their price objective on OneSpaWorld from $23.00 to $25.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Wall Street Zen raised OneSpaWorld from a “hold” rating to a “buy” rating in a report on Friday. William Blair reissued an “outperform” rating on shares of OneSpaWorld in a report on Wednesday, July 23rd. Finally, Truist Financial boosted their target price on OneSpaWorld from $19.00 to $21.00 and gave the stock a “buy” rating in a report on Monday, June 9th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $22.67.

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.