Pier Capital LLC Has $10.78 Million Position in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Pier Capital LLC raised its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 2.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 541,631 shares of the company’s stock after acquiring an additional 11,919 shares during the period. OneSpaWorld makes up 1.5% of Pier Capital LLC’s holdings, making the stock its 8th largest position. Pier Capital LLC’s holdings in OneSpaWorld were worth $10,778,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Signaturefd LLC increased its holdings in shares of OneSpaWorld by 139.9% during the fourth quarter. Signaturefd LLC now owns 1,317 shares of the company’s stock valued at $26,000 after purchasing an additional 768 shares during the period. Morse Asset Management Inc grew its position in OneSpaWorld by 8.1% in the 3rd quarter. Morse Asset Management Inc now owns 14,050 shares of the company’s stock valued at $232,000 after buying an additional 1,050 shares in the last quarter. Sheets Smith Wealth Management grew its position in OneSpaWorld by 3.3% in the 4th quarter. Sheets Smith Wealth Management now owns 32,952 shares of the company’s stock valued at $656,000 after buying an additional 1,050 shares in the last quarter. Global Retirement Partners LLC acquired a new position in OneSpaWorld during the 4th quarter valued at about $26,000. Finally, Swiss National Bank raised its position in shares of OneSpaWorld by 0.7% during the 4th quarter. Swiss National Bank now owns 195,700 shares of the company’s stock worth $3,894,000 after buying an additional 1,400 shares in the last quarter. Institutional investors and hedge funds own 95.98% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on OSW shares. Truist Financial increased their price objective on shares of OneSpaWorld from $17.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. Stifel Nicolaus increased their price target on OneSpaWorld from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Wednesday, January 15th.

OneSpaWorld Stock Performance

NASDAQ:OSW opened at $18.30 on Tuesday. The company has a 50-day moving average of $19.76 and a 200-day moving average of $18.74. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of 26.14 and a beta of 2.11. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. OneSpaWorld Holdings Limited has a twelve month low of $11.98 and a twelve month high of $23.01.

OneSpaWorld Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th will be issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date is Wednesday, March 12th. OneSpaWorld’s payout ratio is 22.86%.

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.