Y Intercept Hong Kong Ltd Has $678,000 Stake in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Y Intercept Hong Kong Ltd lifted its stake in OneSpaWorld Holdings Limited (NASDAQ:OSW) by 74.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,040 shares of the company’s stock after purchasing an additional 17,559 shares during the period. Y Intercept Hong Kong Ltd’s holdings in OneSpaWorld were worth $678,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. FMR LLC increased its holdings in shares of OneSpaWorld by 54.0% in the third quarter. FMR LLC now owns 4,137,525 shares of the company’s stock valued at $68,311,000 after purchasing an additional 1,451,283 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of OneSpaWorld by 1.2% in the second quarter. Dimensional Fund Advisors LP now owns 2,449,472 shares of the company’s stock valued at $37,647,000 after purchasing an additional 29,991 shares in the last quarter. Pinnacle Associates Ltd. grew its holdings in OneSpaWorld by 3.6% during the 3rd quarter. Pinnacle Associates Ltd. now owns 2,374,959 shares of the company’s stock worth $39,211,000 after acquiring an additional 82,618 shares during the period. State Street Corp grew its holdings in OneSpaWorld by 3.0% during the 3rd quarter. State Street Corp now owns 2,148,522 shares of the company’s stock worth $35,472,000 after acquiring an additional 61,568 shares during the period. Finally, Driehaus Capital Management LLC grew its holdings in OneSpaWorld by 6.1% during the 2nd quarter. Driehaus Capital Management LLC now owns 1,867,527 shares of the company’s stock worth $28,704,000 after acquiring an additional 106,910 shares during the period. Institutional investors and hedge funds own 95.98% of the company’s stock.

Analysts Set New Price Targets

Separately, 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 report on Tuesday, December 3rd.

Insider Transactions at OneSpaWorld

In other news, Director Andrew R. Heyer sold 75,000 shares of OneSpaWorld stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $18.68, for a total transaction of $1,401,000.00. Following the transaction, the director now directly owns 545,432 shares of the company’s stock, valued at $10,188,669.76. This trade represents a 12.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Stephen Lazarus sold 8,271 shares of the business’s stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $16.75, for a total transaction of $138,539.25. Following the completion of the sale, the chief financial officer now directly owns 726,920 shares in the company, valued at $12,175,910. This represents a 1.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 319,810 shares of company stock valued at $5,644,816 over the last three months. 5.00% of the stock is currently owned by corporate insiders.

OneSpaWorld Price Performance

OSW opened at $20.21 on Friday. The company has a fifty day moving average price of $18.43 and a two-hundred day moving average price of $16.66. The firm has a market capitalization of $2.10 billion, a PE ratio of 41.24 and a beta of 2.13. OneSpaWorld Holdings Limited has a 52 week low of $11.98 and a 52 week high of $20.48. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84.

OneSpaWorld Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th were given 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 0.79%. OneSpaWorld’s dividend payout ratio is 32.65%.

About OneSpaWorld

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.