OneSpaWorld Holdings Limited (NASDAQ:OSW) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lowered its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 1.9% in the third quarter, Holdings Channel.com reports. The fund owned 547,946 shares of the company’s stock after selling 10,374 shares during the quarter. Mutual of America Capital Management LLC’s holdings in OneSpaWorld were worth $9,047,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in OSW. Divisadero Street Capital Management LP acquired a new stake in shares of OneSpaWorld in the second quarter valued at about $7,685,000. Marshall Wace LLP increased its holdings in OneSpaWorld by 92.1% in the second quarter. Marshall Wace LLP now owns 444,911 shares of the company’s stock valued at $6,838,000 after buying an additional 213,328 shares in the last quarter. Royce & Associates LP acquired a new stake in shares of OneSpaWorld during the 3rd quarter valued at approximately $2,295,000. Renaissance Technologies LLC boosted its stake in shares of OneSpaWorld by 11.2% during the 2nd quarter. Renaissance Technologies LLC now owns 1,331,413 shares of the company’s stock worth $20,464,000 after acquiring an additional 134,205 shares in the last quarter. Finally, William Blair Investment Management LLC grew its holdings in shares of OneSpaWorld by 8.0% in the 2nd quarter. William Blair Investment Management LLC now owns 1,588,152 shares of the company’s stock worth $24,410,000 after acquiring an additional 117,241 shares during the period. 95.98% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at OneSpaWorld

In related news, Director Andrew R. Heyer sold 75,000 shares of the company’s 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 transaction, the director now owns 545,432 shares of the company’s stock, valued at approximately $10,188,669.76. This represents a 12.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Stephen Lazarus sold 8,271 shares of OneSpaWorld stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $16.75, for a total transaction of $138,539.25. Following the completion of the sale, the chief financial officer now directly owns 726,920 shares of the company’s stock, valued at $12,175,910. The trade was a 1.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 319,810 shares of company stock worth $5,644,816. 5.00% of the stock is owned by insiders.

OneSpaWorld Stock Performance

Shares of OSW opened at $18.66 on Monday. OneSpaWorld Holdings Limited has a 12-month low of $11.13 and a 12-month high of $19.61. The stock has a market cap of $1.94 billion, a P/E ratio of 38.08 and a beta of 2.13. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. The company has a 50-day moving average of $17.14 and a two-hundred day moving average of $16.04.

OneSpaWorld Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date is Wednesday, November 20th. OneSpaWorld’s payout ratio is currently 32.65%.

Wall Street Analyst Weigh In

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

About OneSpaWorld

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.