De Lisle Partners LLP Has $1.39 Million Holdings in OneWater Marine Inc. (NASDAQ:ONEW)

De Lisle Partners LLP lifted its stake in OneWater Marine Inc. (NASDAQ:ONEW) by 7.4% during the third quarter, Holdings Channel.com reports. The fund owned 58,043 shares of the company’s stock after buying an additional 4,000 shares during the period. De Lisle Partners LLP’s holdings in OneWater Marine were worth $1,390,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in ONEW. Vanguard Group Inc. lifted its position in shares of OneWater Marine by 2.0% in the first quarter. Vanguard Group Inc. now owns 581,355 shares of the company’s stock valued at $16,365,000 after buying an additional 11,227 shares during the last quarter. NBW Capital LLC increased its stake in OneWater Marine by 1.6% during the 1st quarter. NBW Capital LLC now owns 253,079 shares of the company’s stock worth $7,124,000 after acquiring an additional 4,100 shares during the period. Bank of New York Mellon Corp increased its position in shares of OneWater Marine by 6.5% in the second quarter. Bank of New York Mellon Corp now owns 74,792 shares of the company’s stock worth $2,062,000 after purchasing an additional 4,539 shares during the period. Rhumbline Advisers raised its stake in OneWater Marine by 5.4% in the second quarter. Rhumbline Advisers now owns 19,253 shares of the company’s stock valued at $531,000 after purchasing an additional 994 shares in the last quarter. Finally, Private Management Group Inc. lifted its position in OneWater Marine by 3.2% during the second quarter. Private Management Group Inc. now owns 626,464 shares of the company’s stock worth $17,272,000 after purchasing an additional 19,222 shares during the period. Institutional investors own 94.32% of the company’s stock.

OneWater Marine Trading Up 2.9 %

Shares of OneWater Marine stock opened at $22.15 on Thursday. The firm’s 50 day moving average is $22.41 and its 200 day moving average is $24.46. The firm has a market capitalization of $355.66 million, a PE ratio of -55.38 and a beta of 2.58. OneWater Marine Inc. has a 1 year low of $18.55 and a 1 year high of $35.86. The company has a current ratio of 1.29, a quick ratio of 0.35 and a debt-to-equity ratio of 1.04.

Wall Street Analysts Forecast Growth

ONEW has been the topic of several recent analyst reports. Stifel Nicolaus decreased their target price on shares of OneWater Marine from $34.00 to $31.00 and set a “buy” rating on the stock in a report on Friday, November 15th. KeyCorp lowered their price objective on shares of OneWater Marine from $29.00 to $27.00 and set an “overweight” rating for the company in a research report on Friday, November 15th. DA Davidson cut their target price on OneWater Marine from $27.00 to $23.00 and set a “neutral” rating for the company in a research note on Monday, November 18th. Finally, Benchmark reiterated a “hold” rating on shares of OneWater Marine in a research note on Friday, November 15th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $29.00.

Insider Buying and Selling at OneWater Marine

In related news, Director J Steven Roy acquired 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was acquired at an average cost of $19.05 per share, for a total transaction of $47,625.00. Following the completion of the acquisition, the director now directly owns 20,760 shares of the company’s stock, valued at approximately $395,478. This trade represents a 13.69 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Philip Austin Jr. Singleton acquired 6,700 shares of the firm’s stock in a transaction dated Thursday, September 5th. The shares were purchased at an average price of $22.39 per share, with a total value of $150,013.00. Following the completion of the transaction, the chief executive officer now owns 620,217 shares of the company’s stock, valued at $13,886,658.63. This trade represents a 1.09 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 31,139 shares of company stock worth $644,493 over the last quarter. Corporate insiders own 18.70% of the company’s stock.

OneWater Marine Company Profile

OneWater Marine Inc operates as a recreational boat retailer in the United States. The company offers new and pre-owned recreational boats and yachts, as well as related marine products, such as parts and accessories. It provides boat repair and maintenance services. In addition, the company arranges boat financing and insurance; and other ancillary services, including indoor and outdoor storage, and marina services.