Emerald Advisers LLC Has $8.33 Million Holdings in OneSpaWorld Holdings Limited (NASDAQ:OSW)

Emerald Advisers LLC grew its position in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 538.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 418,477 shares of the company’s stock after purchasing an additional 352,979 shares during the quarter. Emerald Advisers LLC’s holdings in OneSpaWorld were worth $8,328,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Global Retirement Partners LLC acquired a new stake in shares of OneSpaWorld during the fourth quarter valued at about $26,000. Signaturefd LLC boosted its stake 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 in the last quarter. USA Financial Formulas acquired a new stake in shares of OneSpaWorld during the fourth quarter valued at about $36,000. Point72 DIFC Ltd acquired a new stake in shares of OneSpaWorld during the third quarter valued at about $81,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of OneSpaWorld by 2,395.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 5,165 shares of the company’s stock valued at $103,000 after purchasing an additional 4,958 shares in the last quarter. 95.98% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Stifel Nicolaus lifted 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. Truist Financial raised their price objective on OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd.

OneSpaWorld Price Performance

Shares of OSW opened at $17.50 on Friday. OneSpaWorld Holdings Limited has a 1 year low of $11.98 and a 1 year high of $23.01. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of 25.00 and a beta of 2.11. The business has a 50-day moving average of $19.77 and a 200-day moving average of $18.70.

OneSpaWorld Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.91%. OneSpaWorld’s dividend payout ratio (DPR) is 22.86%.

OneSpaWorld Company 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.