Y Intercept Hong Kong Ltd Buys 17,559 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Y Intercept Hong Kong Ltd boosted its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 74.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,040 shares of the company’s stock after acquiring an additional 17,559 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in OneSpaWorld were worth $678,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Quarry LP lifted its position in OneSpaWorld by 178.9% during the 2nd quarter. Quarry LP now owns 4,306 shares of the company’s stock worth $66,000 after buying an additional 2,762 shares in the last quarter. Point72 DIFC Ltd bought a new stake in OneSpaWorld during the 3rd quarter worth about $81,000. Allspring Global Investments Holdings LLC lifted its position in OneSpaWorld by 13,242.4% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 11,341 shares of the company’s stock worth $174,000 after buying an additional 11,256 shares in the last quarter. Morse Asset Management Inc bought a new stake in OneSpaWorld during the 2nd quarter worth about $200,000. Finally, Principal Financial Group Inc. lifted its position in OneSpaWorld by 20.9% during the 2nd quarter. Principal Financial Group Inc. now owns 13,572 shares of the company’s stock worth $209,000 after buying an additional 2,350 shares in the last quarter. 95.98% of the stock is owned by institutional investors.

Insider Transactions at OneSpaWorld

In related news, CFO Stephen Lazarus sold 8,271 shares of the company’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $16.75, for a total value of $138,539.25. Following the transaction, the chief financial officer now owns 726,920 shares in the company, valued at approximately $12,175,910. This represents a 1.13 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Andrew R. Heyer sold 75,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $18.68, for a total transaction of $1,401,000.00. Following the completion of the transaction, the director now owns 545,432 shares in the company, valued at approximately $10,188,669.76. This trade represents a 12.09 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 319,810 shares of company stock worth $5,644,816 in the last ninety days. Insiders own 5.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Truist Financial boosted their price target on shares of OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd.

OneSpaWorld Stock Down 0.2 %

OneSpaWorld stock opened at $20.21 on Friday. The firm has a market capitalization of $2.10 billion, a PE ratio of 41.24 and a beta of 2.13. The company’s 50-day moving average is $18.43 and its 200-day moving average is $16.66. OneSpaWorld Holdings Limited has a fifty-two week low of $11.98 and a fifty-two week high of $20.48. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29.

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $0.16 annualized dividend and a dividend yield of 0.79%. OneSpaWorld’s dividend payout ratio is presently 32.65%.

About OneSpaWorld

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.