Neumeier Poma Investment Counsel LLC Trims Stock Holdings in OneSpaWorld Holdings Limited $OSW

Neumeier Poma Investment Counsel LLC decreased its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 1.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,347,742 shares of the company’s stock after selling 23,665 shares during the quarter. OneSpaWorld makes up 2.3% of Neumeier Poma Investment Counsel LLC’s portfolio, making the stock its 20th biggest holding. Neumeier Poma Investment Counsel LLC owned 1.32% of OneSpaWorld worth $27,952,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. California State Teachers Retirement System increased its position in OneSpaWorld by 0.9% in the second quarter. California State Teachers Retirement System now owns 91,653 shares of the company’s stock worth $1,869,000 after buying an additional 849 shares in the last quarter. Blair William & Co. IL increased its position in OneSpaWorld by 0.6% in the third quarter. Blair William & Co. IL now owns 152,277 shares of the company’s stock worth $3,219,000 after buying an additional 924 shares in the last quarter. First Horizon Corp increased its position in OneSpaWorld by 120.4% in the fourth quarter. First Horizon Corp now owns 1,785 shares of the company’s stock worth $37,000 after buying an additional 975 shares in the last quarter. Captrust Financial Advisors increased its position in OneSpaWorld by 10.1% in the second quarter. Captrust Financial Advisors now owns 14,389 shares of the company’s stock worth $293,000 after buying an additional 1,325 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new stake in OneSpaWorld in the third quarter worth about $29,000. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on OSW shares. Jefferies Financial Group started coverage on OneSpaWorld in a research report on Tuesday, March 24th. They issued a “buy” rating and a $30.00 price target for the company. TD Cowen increased their target price on OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Truist Financial increased their target price on OneSpaWorld from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Zacks Research upgraded OneSpaWorld from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Finally, Weiss Ratings upgraded OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. One research 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’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $28.20.

OneSpaWorld Price Performance

NASDAQ:OSW opened at $24.00 on Friday. The firm has a market capitalization of $2.43 billion, a price-to-earnings ratio of 32.00 and a beta of 0.92. OneSpaWorld Holdings Limited has a 1 year low of $18.43 and a 1 year high of $25.75. The business has a 50 day simple moving average of $23.92 and a 200-day simple moving average of $21.99. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.52 and a quick ratio of 1.40.

OneSpaWorld (NASDAQ:OSW) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.02. The business had revenue of $247.63 million during 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 company’s revenue for the quarter was up 12.8% on a year-over-year basis. During the same period last year, the company earned $0.15 EPS. Equities analysts forecast that OneSpaWorld Holdings Limited will post 1.07 EPS for the current year.

OneSpaWorld Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Wednesday, May 20th. OneSpaWorld’s dividend payout ratio (DPR) is presently 26.67%.

About OneSpaWorld

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.