OneSpaWorld Holdings Limited $OSW Shares Sold by Madison Asset Management LLC

Madison Asset Management LLC decreased its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 16.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 156,572 shares of the company’s stock after selling 30,546 shares during the period. Madison Asset Management LLC’s holdings in OneSpaWorld were worth $3,247,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in OSW. AQR Capital Management LLC grew its stake in shares of OneSpaWorld by 41.4% during the 1st quarter. AQR Capital Management LLC now owns 25,286 shares of the company’s stock worth $425,000 after purchasing an additional 7,398 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in OneSpaWorld by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,779 shares of the company’s stock valued at $1,004,000 after acquiring an additional 2,612 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in OneSpaWorld by 50.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,015 shares of the company’s stock valued at $3,577,000 after acquiring an additional 71,420 shares during the period. Intech Investment Management LLC grew its stake in OneSpaWorld by 80.7% in the 1st quarter. Intech Investment Management LLC now owns 92,702 shares of the company’s stock valued at $1,556,000 after acquiring an additional 41,391 shares during the period. Finally, Prudential Financial Inc. acquired a new stake in OneSpaWorld in the 2nd quarter valued at $213,000. Institutional investors and hedge funds own 95.98% of the company’s stock.

OneSpaWorld Trading Down 0.8%

Shares of OSW stock opened at $23.29 on Thursday. The stock’s fifty day moving average is $23.02 and its two-hundred day moving average is $21.76. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.40 and a current ratio of 2.52. The firm has a market capitalization of $2.36 billion, a P/E ratio of 31.05 and a beta of 0.95. OneSpaWorld Holdings Limited has a fifty-two week low of $18.19 and a fifty-two week high of $25.75.

OneSpaWorld (NASDAQ:OSW) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. The company had revenue of $247.63 million for the quarter, compared to analyst estimates of $244.51 million. OneSpaWorld had a return on equity of 18.00% and a net margin of 7.85%.The firm’s revenue for the quarter was up 12.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.15 EPS. Research analysts expect that OneSpaWorld Holdings Limited will post 1.07 earnings per share for the current fiscal year.

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th will be issued a $0.05 dividend. The ex-dividend date is Wednesday, May 20th. This represents a $0.20 dividend on an annualized basis and a yield of 0.9%. OneSpaWorld’s dividend payout ratio (DPR) is presently 26.67%.

Wall Street Analysts Forecast Growth

OSW has been the topic of a number of research analyst reports. Zacks Research raised shares of OneSpaWorld from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Jefferies Financial Group initiated coverage on shares of OneSpaWorld in a research note on Tuesday, March 24th. They issued a “buy” rating and a $30.00 price target on the stock. Stifel Nicolaus dropped their price target on shares of OneSpaWorld from $27.00 to $26.00 and set a “buy” rating on the stock in a research note on Thursday, January 15th. TD Cowen lifted their price target on shares of OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Weiss Ratings raised shares of OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $27.60.

OneSpaWorld Company Profile

OneSpaWorld Holdings Ltd is a global provider of spa and wellness services, catering primarily to the cruise line, hospitality and venue-based leisure industries. The company designs and operates on-board spa facilities, salon services and retail boutiques, offering treatments such as massage, facial and body therapies, nail care, hair styling and aesthetic enhancements. Additionally, OneSpaWorld provides program consulting, management, training and product distribution services to its partners, enabling tailored spa experiences across diverse passenger and guest demographics.

OneSpaWorld’s core operations span major cruise lines—such as Carnival Corporation, Royal Caribbean Group, MSC Cruises and Virgin Voyages—as well as luxury resort and hotel brands.