Fenimore Asset Management Inc Acquires 17,288 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Fenimore Asset Management Inc lifted its holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 1.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 927,332 shares of the company’s stock after acquiring an additional 17,288 shares during the quarter. Fenimore Asset Management Inc’s holdings in OneSpaWorld were worth $18,454,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. USA Financial Formulas purchased a new position in OneSpaWorld in the 4th quarter worth $36,000. Quarry LP increased its holdings in shares of OneSpaWorld by 178.9% in the second quarter. Quarry LP now owns 4,306 shares of the company’s stock worth $66,000 after buying an additional 2,762 shares during the period. Point72 DIFC Ltd purchased a new position in shares of OneSpaWorld in the third quarter worth about $81,000. Glenmede Trust Co. NA purchased a new stake in OneSpaWorld during the 3rd quarter valued at about $210,000. Finally, Morse Asset Management Inc boosted its holdings in OneSpaWorld by 8.1% during the 3rd quarter. Morse Asset Management Inc now owns 14,050 shares of the company’s stock valued at $232,000 after acquiring an additional 1,050 shares during the period. Hedge funds and other institutional investors own 95.98% of the company’s stock.

OneSpaWorld Stock Up 0.0 %

Shares of NASDAQ:OSW opened at $20.04 on Friday. The stock’s 50-day moving average is $19.56 and its 200 day moving average is $17.56. The company has a market cap of $2.08 billion, a PE ratio of 40.90 and a beta of 2.10. 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 Holdings Limited has a 1 year low of $11.98 and a 1 year high of $20.57.

OneSpaWorld Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.80%. OneSpaWorld’s dividend payout ratio is presently 32.65%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Stifel Nicolaus lifted their price target on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Wednesday, January 15th. Truist Financial lifted their target price on shares of OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd.

Insider Buying and Selling

In related news, Director Andrew R. Heyer sold 75,000 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $18.68, for a total value of $1,401,000.00. Following the completion of the transaction, the director now directly owns 545,432 shares of the company’s stock, valued at $10,188,669.76. This represents a 12.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Walter Field Mclallen sold 18,000 shares of OneSpaWorld stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $20.40, for a total value of $367,200.00. Following the sale, the director now directly owns 170,917 shares in the company, valued at approximately $3,486,706.80. The trade was a 9.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 158,906 shares of company stock valued at $2,988,120 over the last quarter. 5.00% of the stock is owned by company insiders.

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.