OneSpaWorld Holdings Limited $OSW Shares Acquired by Reinhart Partners LLC.

Reinhart Partners LLC. lifted its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 2.0% in the second quarter, HoldingsChannel reports. The firm owned 3,962,810 shares of the company’s stock after acquiring an additional 78,022 shares during the quarter. OneSpaWorld makes up about 2.6% of Reinhart Partners LLC.’s investment portfolio, making the stock its 17th biggest position. Reinhart Partners LLC.’s holdings in OneSpaWorld were worth $111,910,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. California State Teachers Retirement System boosted its holdings in shares of OneSpaWorld by 0.9% during the second quarter. California State Teachers Retirement System now owns 91,653 shares of the company’s stock worth $1,869,000 after purchasing an additional 849 shares during the last quarter. Diversified Trust Co increased its stake in OneSpaWorld by 4.2% in the first quarter. Diversified Trust Co now owns 21,027 shares of the company’s stock valued at $483,000 after purchasing an additional 850 shares during the last quarter. First Horizon Corp increased its stake in OneSpaWorld by 120.4% in the fourth quarter. First Horizon Corp now owns 1,785 shares of the company’s stock valued at $37,000 after purchasing an additional 975 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in OneSpaWorld by 111.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,364 shares of the company’s stock worth $49,000 after purchasing an additional 1,244 shares during the period. Finally, Arax Advisory Partners boosted its holdings in shares of OneSpaWorld by 428.8% in the 4th quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock valued at $33,000 after purchasing an additional 1,295 shares during the last quarter. 95.98% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on OSW shares. TD Cowen upped their price objective on OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Wall Street Zen cut OneSpaWorld from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Truist Financial boosted their price target on OneSpaWorld from $28.00 to $29.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Weiss Ratings restated a “buy (b)” rating on shares of OneSpaWorld in a research note on Friday, July 31st. Finally, Stifel Nicolaus raised their price objective on OneSpaWorld from $28.00 to $32.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $30.60.

Insider Activity

In other OneSpaWorld news, Director Andrew R. Heyer sold 20,000 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $26.04, for a total value of $520,800.00. Following the completion of the sale, the director owned 489,817 shares of the company’s stock, valued at $12,754,834.68. This trade represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Walter Field Mclallen sold 10,500 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $24.67, for a total transaction of $259,035.00. Following the completion of the sale, the director directly owned 137,382 shares of the company’s stock, valued at $3,389,213.94. This trade represents a 7.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.60% of the company’s stock.

OneSpaWorld Stock Performance

Shares of OSW stock opened at $26.21 on Friday. The company’s fifty day simple moving average is $26.36 and its 200-day simple moving average is $23.86. OneSpaWorld Holdings Limited has a 52 week low of $19.06 and a 52 week high of $29.25. The company has a current ratio of 2.91, a quick ratio of 1.93 and a debt-to-equity ratio of 0.14. The company has a market cap of $2.66 billion, a PE ratio of 33.18 and a beta of 0.91.

OneSpaWorld (NASDAQ:OSW) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. OneSpaWorld had a net margin of 8.02% and a return on equity of 18.36%. The firm had revenue of $261.25 million during the quarter, compared to analysts’ expectations of $260.93 million. During the same period in the prior year, the company earned $0.19 EPS. The firm’s revenue was up 8.5% on a year-over-year basis. As a group, equities research analysts anticipate that OneSpaWorld Holdings Limited will post 1.05 EPS for the current year.

OneSpaWorld Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be paid a $0.05 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.8%. OneSpaWorld’s dividend payout ratio (DPR) is 25.32%.

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.