Victory Capital Management Inc. Boosts Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Victory Capital Management Inc. boosted its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 24.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 114,940 shares of the company’s stock after buying an additional 22,935 shares during the quarter. Victory Capital Management Inc.’s holdings in OneSpaWorld were worth $2,287,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Lord Abbett & CO. LLC grew its stake in OneSpaWorld by 53.5% in the 3rd quarter. Lord Abbett & CO. LLC now owns 615,730 shares of the company’s stock valued at $10,166,000 after acquiring an additional 214,557 shares during the period. State Street Corp grew its stake in OneSpaWorld by 3.0% in the 3rd quarter. State Street Corp now owns 2,148,522 shares of the company’s stock valued at $35,472,000 after acquiring an additional 61,568 shares during the period. Royce & Associates LP acquired a new stake in OneSpaWorld in the 3rd quarter valued at $2,295,000. Geode Capital Management LLC grew its stake in OneSpaWorld by 6.2% in the 3rd quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company’s stock valued at $39,869,000 after acquiring an additional 141,578 shares during the period. Finally, Barclays PLC grew its stake in OneSpaWorld by 177.8% in the 3rd quarter. Barclays PLC now owns 198,549 shares of the company’s stock valued at $3,278,000 after acquiring an additional 127,074 shares during the period. Institutional investors and hedge funds own 95.98% of the company’s stock.

OneSpaWorld Trading Up 2.5 %

Shares of OSW opened at $17.39 on Tuesday. OneSpaWorld Holdings Limited has a 52-week low of $11.98 and a 52-week high of $23.01. 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 firm’s fifty day moving average is $19.91 and its two-hundred day moving average is $18.68. The stock has a market cap of $1.82 billion, a PE ratio of 24.84 and a beta of 2.11.

OneSpaWorld Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th will be paid a dividend of $0.04 per share. The ex-dividend date is Wednesday, March 12th. This represents a $0.16 annualized dividend and a yield of 0.92%. OneSpaWorld’s dividend payout ratio (DPR) is presently 22.86%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Truist Financial lifted their price target on shares of OneSpaWorld from $17.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday, December 3rd. Stifel Nicolaus lifted 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.

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.