Semanteon Capital Management LP Buys 26,084 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

by · The Markets Daily

Semanteon Capital Management LP boosted its position in OneSpaWorld Holdings Limited (NASDAQ:OSW – Free Report) by 66.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 65,080 shares of the company’s stock after purchasing an additional 26,084 shares during the quarter. Semanteon Capital Management LP owned approximately 0.06% of OneSpaWorld worth $1,074,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of OSW. SG Americas Securities LLC purchased a new position in OneSpaWorld during the first quarter valued at $773,000. Sequoia Financial Advisors LLC purchased a new position in shares of OneSpaWorld in the 2nd quarter worth about $633,000. Divisadero Street Capital Management LP bought a new position in OneSpaWorld in the 2nd quarter worth about $7,685,000. Mutual of America Capital Management LLC purchased a new stake in OneSpaWorld during the 1st quarter valued at about $7,505,000. Finally, Driehaus Capital Management LLC increased its stake in OneSpaWorld by 6.1% during the 2nd quarter. Driehaus Capital Management LLC now owns 1,867,527 shares of the company’s stock valued at $28,704,000 after purchasing an additional 106,910 shares in the last quarter. Institutional investors own 95.98% of the company’s stock.

Analysts Set New Price Targets

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

Get Our Latest Stock Analysis on OSW

OneSpaWorld Trading Down 1.0 %

Shares of OSW traded down $0.17 during mid-day trading on Monday, reaching $17.24. 98,406 shares of the company’s stock traded hands, compared to its average volume of 539,234. OneSpaWorld Holdings Limited has a 12 month low of $9.82 and a 12 month high of $17.89. The stock has a market cap of $1.73 billion, a P/E ratio of 64.48 and a beta of 2.14. The stock’s 50-day moving average is $16.26 and its two-hundred day moving average is $15.43. 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 – Get Free Report) last announced its quarterly earnings results on Wednesday, July 31st. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. OneSpaWorld had a return on equity of 13.67% and a net margin of 6.26%. The business had revenue of $224.89 million for the quarter, compared to the consensus estimate of $220.61 million. During the same period last year, the business posted $0.13 EPS. Research analysts forecast that OneSpaWorld Holdings Limited will post 0.73 earnings per share for the current fiscal year.

OneSpaWorld Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Wednesday, August 21st were paid a $0.04 dividend. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $0.16 annualized dividend and a dividend yield of 0.93%. OneSpaWorld’s dividend payout ratio is presently 59.26%.

Insider Activity

In related news, Director Andrew R. Heyer sold 6,000 shares of the company’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $14.57, for a total value of $87,420.00. Following the completion of the sale, the director now owns 467,145 shares of the company’s stock, valued at approximately $6,806,302.65. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, Director Andrew R. Heyer sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $14.57, for a total value of $87,420.00. Following the completion of the transaction, the director now owns 467,145 shares of the company’s stock, valued at approximately $6,806,302.65. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Stephen Lazarus sold 170,339 shares of the business’s stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $16.91, for a total value of $2,880,432.49. Following the transaction, the chief financial officer now directly owns 556,581 shares of the company’s stock, valued at approximately $9,411,784.71. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 184,904 shares of company stock worth $3,111,316 in the last quarter. Corporate insiders own 5.00% of the company’s stock.

OneSpaWorld Profile

(Free Report)

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.

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