OneSpaWorld Holdings Limited (NASDAQ:OSW) Stock Position Trimmed by West Tower Group LLC

West Tower Group LLC lessened its stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 42.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 55,900 shares of the company’s stock after selling 41,117 shares during the quarter. OneSpaWorld makes up approximately 2.5% of West Tower Group LLC’s investment portfolio, making the stock its 9th biggest holding. West Tower Group LLC’s holdings in OneSpaWorld were worth $1,112,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Global Retirement Partners LLC purchased a new stake in OneSpaWorld during the 4th quarter valued at $26,000. Signaturefd LLC grew its position in OneSpaWorld by 139.9% in the 4th quarter. Signaturefd LLC now owns 1,317 shares of the company’s stock valued at $26,000 after acquiring an additional 768 shares during the last quarter. USA Financial Formulas bought a new position in OneSpaWorld in the 4th quarter valued at $36,000. Point72 DIFC Ltd bought a new position in OneSpaWorld in the 3rd quarter valued at $81,000. Finally, Smartleaf Asset Management LLC grew its position in OneSpaWorld by 2,395.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 5,165 shares of the company’s stock valued at $103,000 after acquiring an additional 4,958 shares during the last quarter. Hedge funds and other institutional investors own 95.98% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. Stifel Nicolaus upped their price objective on OneSpaWorld from $24.00 to $25.00 and gave the company a “buy” rating in a research report on Wednesday, January 15th. Truist Financial increased their price target on OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd.

OneSpaWorld Price Performance

OSW opened at $16.75 on Wednesday. OneSpaWorld Holdings Limited has a 12-month low of $11.98 and a 12-month high of $23.01. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. The business’s fifty day simple moving average is $19.86 and its 200-day simple moving average is $18.68. The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 23.93 and a beta of 2.11.

OneSpaWorld Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date is Wednesday, March 12th. OneSpaWorld’s payout ratio is 22.86%.

OneSpaWorld Company Profile

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.