Walter Field Mclallen Sells 5,000 Shares of OneSpaWorld (NASDAQ:OSW) Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Walter Field Mclallen sold 5,000 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $20.21, for a total transaction of $101,050.00. Following the transaction, the director owned 154,882 shares in the company, valued at $3,130,165.22. The trade was a 3.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

OneSpaWorld Price Performance

Shares of NASDAQ:OSW traded up $0.69 during trading on Monday, hitting $21.14. 534,095 shares of the stock were exchanged, compared to its average volume of 719,386. The company has a market cap of $2.16 billion, a PE ratio of 29.77 and a beta of 1.06. The company has a current ratio of 1.84, a quick ratio of 1.09 and a debt-to-equity ratio of 0.15. The company has a fifty day moving average price of $20.84 and a two-hundred day moving average price of $21.10. OneSpaWorld Holdings Limited has a 12-month low of $14.21 and a 12-month high of $23.49.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $0.29 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.29. The firm had revenue of $258.52 million during the quarter, compared to analysts’ expectations of $258.41 million. OneSpaWorld had a return on equity of 16.38% and a net margin of 7.90%.OneSpaWorld’s revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.26 earnings per share. On average, analysts forecast that OneSpaWorld Holdings Limited will post 0.9 EPS for the current year.

OneSpaWorld Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Wednesday, November 19th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.9%. This is a boost from OneSpaWorld’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Wednesday, November 19th. OneSpaWorld’s payout ratio is currently 28.17%.

Wall Street Analysts Forecast Growth

OSW has been the subject of a number of recent research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of OneSpaWorld in a research note on Monday, December 8th. Cowen reissued a “buy” rating on shares of OneSpaWorld in a report on Friday, October 31st. Wall Street Zen cut OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Sunday, November 30th. Northcoast Research set a $28.00 target price on shares of OneSpaWorld and gave the company a “buy” rating in a research note on Tuesday, October 7th. Finally, TD Cowen raised their price target on shares of OneSpaWorld from $25.00 to $27.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $24.60.

Institutional Trading of OneSpaWorld

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. American Century Companies Inc. increased its holdings in shares of OneSpaWorld by 566.4% during the 1st quarter. American Century Companies Inc. now owns 1,448,268 shares of the company’s stock worth $24,316,000 after buying an additional 1,230,931 shares during the last quarter. Nixon Capital LLC grew its position in OneSpaWorld by 8.0% during the first quarter. Nixon Capital LLC now owns 888,408 shares of the company’s stock valued at $14,916,000 after acquiring an additional 65,619 shares during the period. Royal Bank of Canada increased its stake in OneSpaWorld by 1.8% during the first quarter. Royal Bank of Canada now owns 859,358 shares of the company’s stock worth $14,428,000 after acquiring an additional 14,879 shares during the last quarter. Creative Planning raised its holdings in shares of OneSpaWorld by 35.0% in the 2nd quarter. Creative Planning now owns 129,769 shares of the company’s stock worth $2,646,000 after purchasing an additional 33,648 shares during the period. Finally, Panoramic Capital LLC purchased a new position in shares of OneSpaWorld in the 1st quarter worth about $1,263,000. Hedge funds and other institutional investors own 95.98% of the company’s stock.

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.