OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Sells $1,401,000.00 in Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Andrew R. Heyer sold 75,000 shares of OneSpaWorld stock in a transaction that occurred 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 sale, the director now owns 545,432 shares of the company’s stock, valued at approximately $10,188,669.76. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

OneSpaWorld Stock Performance

Shares of OSW opened at $19.01 on Friday. OneSpaWorld Holdings Limited has a 12-month low of $10.93 and a 12-month high of $19.20. The stock has a market cap of $1.98 billion, a P/E ratio of 38.80 and a beta of 2.13. The company has a current ratio of 1.84, a quick ratio of 1.49 and a debt-to-equity ratio of 0.18. The company has a 50-day moving average of $16.79 and a two-hundred day moving average of $15.80.

OneSpaWorld Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, November 20th. This represents a $0.16 annualized dividend and a dividend yield of 0.84%. OneSpaWorld’s dividend payout ratio is currently 32.65%.

Analyst Upgrades and Downgrades

Separately, TD Cowen lifted their price objective on OneSpaWorld from $16.00 to $19.00 and gave the stock a “buy” rating in a report on Thursday, August 1st.

Institutional Investors Weigh In On OneSpaWorld

A number of large investors have recently bought and sold shares of OSW. Quarry LP raised its holdings in shares of OneSpaWorld by 178.9% in 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. Allspring Global Investments Holdings LLC raised 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 valued at $174,000 after purchasing an additional 11,256 shares during the last quarter. ProShare Advisors LLC boosted its stake in shares of OneSpaWorld by 8.5% during the 1st quarter. ProShare Advisors LLC now owns 14,997 shares of the company’s stock worth $198,000 after purchasing an additional 1,181 shares during the last quarter. Morse Asset Management Inc purchased a new stake in shares of OneSpaWorld during the second quarter worth about $200,000. Finally, Principal Financial Group Inc. raised its position in shares of OneSpaWorld by 20.9% in the second quarter. Principal Financial Group Inc. now owns 13,572 shares of the company’s stock valued at $209,000 after buying an additional 2,350 shares during the last quarter. Institutional investors and hedge funds own 95.98% of the company’s stock.

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.