OneSpaWorld Holdings Limited (NASDAQ:OSW) Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. reduced its position in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 593,758 shares of the company’s stock after selling 14,554 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.59% of OneSpaWorld worth $8,372,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Semanteon Capital Management LP acquired a new position in shares of OneSpaWorld during the fourth quarter worth about $700,000. One Wealth Management Investment & Advisory Services LLC acquired a new position in shares of OneSpaWorld during the fourth quarter worth about $250,000. Mirae Asset Global Investments Co. Ltd. grew its position in shares of OneSpaWorld by 17.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,553 shares of the company’s stock worth $529,000 after buying an additional 5,449 shares in the last quarter. DAVENPORT & Co LLC grew its position in shares of OneSpaWorld by 4.7% during the fourth quarter. DAVENPORT & Co LLC now owns 2,224,289 shares of the company’s stock worth $31,362,000 after buying an additional 98,877 shares in the last quarter. Finally, Legato Capital Management LLC grew its position in shares of OneSpaWorld by 48.3% during the fourth quarter. Legato Capital Management LLC now owns 25,830 shares of the company’s stock worth $364,000 after buying an additional 8,410 shares in the last quarter. 95.98% of the stock is owned by institutional investors and hedge funds.

OneSpaWorld Price Performance

OSW stock opened at $14.72 on Tuesday. The business has a 50 day moving average price of $12.97 and a 200 day moving average price of $12.84. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 54.52 and a beta of 2.12. OneSpaWorld Holdings Limited has a fifty-two week low of $9.82 and a fifty-two week high of $15.12. The company has a quick ratio of 0.98, a current ratio of 1.57 and a debt-to-equity ratio of 0.36.

OneSpaWorld (NASDAQ:OSW) last posted its earnings results on Wednesday, May 1st. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.03. The firm had revenue of $211.23 million during the quarter, compared to analysts’ expectations of $206.98 million. OneSpaWorld had a return on equity of 13.61% and a net margin of 4.14%. During the same quarter in the previous year, the business earned $0.10 earnings per share. Equities research analysts anticipate that OneSpaWorld Holdings Limited will post 0.64 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Maryam Banikarim sold 6,411 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $13.07, for a total transaction of $83,791.77. Following the completion of the sale, the director now owns 75,765 shares in the company, valued at $990,248.55. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other OneSpaWorld news, Director Andrew R. Heyer sold 9,000 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $13.00, for a total value of $117,000.00. Following the completion of the sale, the director now owns 473,145 shares in the company, valued at $6,150,885. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Maryam Banikarim sold 6,411 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $13.07, for a total value of $83,791.77. Following the completion of the sale, the director now owns 75,765 shares of the company’s stock, valued at approximately $990,248.55. The disclosure for this sale can be found here. 6.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus boosted their price objective on OneSpaWorld from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Wednesday, January 10th.

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.