Loomis Sayles & Co. L P Makes New Investment in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Loomis Sayles & Co. L P bought a new stake in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) during the fourth quarter, HoldingsChannel.com reports. The fund bought 1,530,525 shares of the company’s stock, valued at approximately $30,457,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FMR LLC lifted its holdings in OneSpaWorld by 54.0% during the 3rd quarter. FMR LLC now owns 4,137,525 shares of the company’s stock valued at $68,311,000 after buying an additional 1,451,283 shares in the last quarter. Vanguard Group Inc. increased its position in shares of OneSpaWorld by 5.2% during the fourth quarter. Vanguard Group Inc. now owns 2,728,953 shares of the company’s stock worth $54,306,000 after acquiring an additional 135,923 shares during the period. Geode Capital Management LLC raised its stake in shares of OneSpaWorld by 6.2% during the third quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company’s stock valued at $39,869,000 after acquiring an additional 141,578 shares in the last quarter. State Street Corp boosted its holdings in shares of OneSpaWorld by 3.0% in the third quarter. State Street Corp now owns 2,148,522 shares of the company’s stock valued at $35,472,000 after purchasing an additional 61,568 shares during the period. Finally, William Blair Investment Management LLC grew its stake in OneSpaWorld by 6.1% in the fourth quarter. William Blair Investment Management LLC now owns 1,802,099 shares of the company’s stock worth $35,862,000 after purchasing an additional 103,799 shares in the last quarter. 95.98% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Stifel Nicolaus lifted their target price 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 raised their price target on OneSpaWorld from $17.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday, December 3rd.

OneSpaWorld Stock Down 2.8 %

Shares of NASDAQ OSW opened at $17.59 on Friday. OneSpaWorld Holdings Limited has a 12-month low of $11.98 and a 12-month high of $23.01. The stock’s fifty day simple moving average is $19.69 and its two-hundred day simple moving average is $18.75. The stock has a market capitalization of $1.84 billion, a PE ratio of 25.13 and a beta of 2.11. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18.

OneSpaWorld Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend was Wednesday, March 12th. OneSpaWorld’s payout ratio is currently 22.86%.

OneSpaWorld 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.