Quantbot Technologies LP Raises Stock Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Quantbot Technologies LP grew its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 16.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,070 shares of the company’s stock after acquiring an additional 9,742 shares during the period. Quantbot Technologies LP owned about 0.07% of OneSpaWorld worth $1,374,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. FMR LLC increased its holdings in OneSpaWorld by 54.0% in the 3rd quarter. FMR LLC now owns 4,137,525 shares of the company’s stock valued at $68,311,000 after acquiring an additional 1,451,283 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of OneSpaWorld by 6.2% in the third quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company’s stock worth $39,869,000 after purchasing an additional 141,578 shares during the last quarter. State Street Corp increased its holdings in shares of OneSpaWorld by 3.0% in the third quarter. State Street Corp now owns 2,148,522 shares of the company’s stock worth $35,472,000 after purchasing an additional 61,568 shares during the last quarter. William Blair Investment Management LLC boosted its stake in OneSpaWorld by 6.1% during the fourth quarter. William Blair Investment Management LLC now owns 1,802,099 shares of the company’s stock valued at $35,862,000 after buying an additional 103,799 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in OneSpaWorld by 21.4% during the 3rd quarter. Wellington Management Group LLP now owns 1,791,032 shares of the company’s stock valued at $29,570,000 after buying an additional 316,207 shares in the last quarter. Institutional investors own 95.98% of the company’s stock.

Analysts Set New Price Targets

OSW has been the topic of several recent research reports. Truist Financial upped their price objective on OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a report on Tuesday, December 3rd. Stifel Nicolaus increased their price target on shares of OneSpaWorld from $24.00 to $25.00 and gave the company a “buy” rating in a report on Wednesday, January 15th.

OneSpaWorld Price Performance

OneSpaWorld stock opened at $18.30 on Tuesday. The firm has a market capitalization of $1.92 billion, a PE ratio of 26.14 and a beta of 2.11. OneSpaWorld Holdings Limited has a 12-month low of $11.98 and a 12-month high of $23.01. The firm has a 50-day moving average price of $19.76 and a 200-day moving average price of $18.74. 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 firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.87%. OneSpaWorld’s dividend payout ratio is 22.86%.

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.