23,037 Shares in OneSpaWorld Holdings Limited $OSW Acquired by New York State Teachers Retirement System

New York State Teachers Retirement System purchased a new stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 23,037 shares of the company’s stock, valued at approximately $529,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Brown Brothers Harriman & Co. purchased a new stake in shares of OneSpaWorld during the 4th quarter worth approximately $31,000. Arax Advisory Partners raised its stake in OneSpaWorld by 428.8% during the 4th quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock worth $33,000 after acquiring an additional 1,295 shares in the last quarter. First Horizon Corp raised its stake in OneSpaWorld by 120.4% during the 4th quarter. First Horizon Corp now owns 1,785 shares of the company’s stock worth $37,000 after acquiring an additional 975 shares in the last quarter. Farther Finance Advisors LLC lifted its position in OneSpaWorld by 325.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company’s stock valued at $40,000 after acquiring an additional 1,478 shares during the last quarter. Finally, Rockefeller Capital Management L.P. lifted its position in OneSpaWorld by 111.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,364 shares of the company’s stock valued at $49,000 after acquiring an additional 1,244 shares during the last quarter. Institutional investors and hedge funds own 95.98% of the company’s stock.

OneSpaWorld Trading Down 0.8%

NASDAQ OSW opened at $26.10 on Tuesday. 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 cap of $2.65 billion, a PE ratio of 34.80 and a beta of 0.90. OneSpaWorld Holdings Limited has a one year low of $19.06 and a one year high of $29.25. The firm’s fifty day moving average is $25.47 and its two-hundred day moving average is $23.18.

OneSpaWorld (NASDAQ:OSW) last announced its earnings results on Wednesday, April 29th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.02. OneSpaWorld had a net margin of 7.85% and a return on equity of 18.00%. The business had revenue of $247.63 million during the quarter, compared to the consensus estimate of $244.51 million. During the same quarter in the prior year, the firm earned $0.15 earnings per share. The business’s quarterly revenue was up 12.8% compared to the same quarter last year. Analysts expect that OneSpaWorld Holdings Limited will post 1.07 earnings per share for the current year.

OneSpaWorld Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Zacks Research raised OneSpaWorld from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Wall Street Zen cut OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Truist Financial raised their price target on OneSpaWorld from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. TD Cowen lifted their price target on OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Finally, Jefferies Financial Group boosted their price objective on OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, OneSpaWorld currently has an average rating of “Buy” and an average target price of $29.20.

Insider Buying and Selling

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

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.