OneSpaWorld Holdings Limited (NASDAQ:OSW) CFO Stephen Lazarus Sells 65,906 Shares of Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) CFO Stephen Lazarus sold 65,906 shares of OneSpaWorld stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $18.51, for a total transaction of $1,219,920.06. Following the transaction, the chief financial officer now directly owns 490,675 shares of the company’s stock, valued at $9,082,394.25. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Stephen Lazarus also recently made the following trade(s):

• On Thursday, September 26th, Stephen Lazarus sold 170,339 shares of OneSpaWorld stock. The stock was sold at an average price of $16.91, for a total transaction of $2,880,432.49.
• On Monday, September 23rd, Stephen Lazarus sold 8,271 shares of OneSpaWorld stock. The shares were sold at an average price of $16.75, for a total transaction of $138,539.25.
• On Thursday, September 19th, Stephen Lazarus sold 294 shares of OneSpaWorld stock. The shares were sold at an average price of $16.75, for a total transaction of $4,924.50.

OneSpaWorld Stock Up 0.4 %

Shares of NASDAQ OSW opened at $17.58 on Friday. The stock has a market capitalization of $1.84 billion, a P/E ratio of 35.88 and a beta of 2.14. The company has a 50-day moving average price of $16.50 and a 200-day moving average price of $15.56. OneSpaWorld Holdings Limited has a 1 year low of $10.23 and a 1 year high of $18.73. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.03 and a quick ratio of 1.49.

OneSpaWorld (NASDAQ:OSW) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.01. OneSpaWorld had a net margin of 5.86% and a return on equity of 14.47%. The business had revenue of $224.89 million for the quarter, compared to analysts’ expectations of $220.61 million. During the same period in the previous year, the company earned $0.13 earnings per share. On average, equities research analysts forecast that OneSpaWorld Holdings Limited will post 0.73 EPS for the current fiscal year.

OneSpaWorld Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Wednesday, November 20th will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend is Wednesday, November 20th. OneSpaWorld’s payout ratio is 32.65%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. DAVENPORT & Co LLC increased its holdings in OneSpaWorld by 21.1% during the 1st quarter. DAVENPORT & Co LLC now owns 2,694,704 shares of the company’s stock worth $35,970,000 after acquiring an additional 470,415 shares during the period. New South Capital Management Inc. increased its holdings in OneSpaWorld by 10.4% during the 1st quarter. New South Capital Management Inc. now owns 2,651,046 shares of the company’s stock worth $35,073,000 after acquiring an additional 250,217 shares during the period. Dimensional Fund Advisors LP increased its holdings in OneSpaWorld by 1.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,449,472 shares of the company’s stock worth $37,647,000 after acquiring an additional 29,991 shares during the period. Pinnacle Associates Ltd. increased its holdings in OneSpaWorld by 3.6% during the 3rd quarter. Pinnacle Associates Ltd. now owns 2,374,959 shares of the company’s stock worth $39,211,000 after acquiring an additional 82,618 shares during the period. Finally, Vanguard Group Inc. increased its holdings in OneSpaWorld by 4.0% during the 1st quarter. Vanguard Group Inc. now owns 2,176,709 shares of the company’s stock worth $28,798,000 after acquiring an additional 84,423 shares during the period. 95.98% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, TD Cowen lifted their price target on shares of OneSpaWorld from $16.00 to $19.00 and gave the company a “buy” rating in a research note on Thursday, August 1st.

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.