OneSpaWorld Holdings Limited (NASDAQ:OSW) Shares Sold by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. trimmed its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) by 9.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 154,231 shares of the company’s stock after selling 15,895 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.15% of OneSpaWorld worth $2,546,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. ProShare Advisors LLC grew its holdings in OneSpaWorld by 8.5% during the first quarter. ProShare Advisors LLC now owns 14,997 shares of the company’s stock worth $198,000 after acquiring an additional 1,181 shares during the period. Emerald Advisers LLC grew its stake in shares of OneSpaWorld by 3.7% during the 3rd quarter. Emerald Advisers LLC now owns 65,498 shares of the company’s stock worth $1,081,000 after purchasing an additional 2,310 shares during the period. Principal Financial Group Inc. increased its holdings in shares of OneSpaWorld by 20.9% during the 2nd quarter. Principal Financial Group Inc. now owns 13,572 shares of the company’s stock valued at $209,000 after purchasing an additional 2,350 shares in the last quarter. Kings Path Partners LLC lifted its stake in shares of OneSpaWorld by 3.2% in the 3rd quarter. Kings Path Partners LLC now owns 77,145 shares of the company’s stock valued at $1,274,000 after purchasing an additional 2,380 shares during the period. Finally, Quarry LP boosted its holdings in OneSpaWorld by 178.9% during 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 in the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, TD Cowen upped their price objective on shares of OneSpaWorld from $16.00 to $19.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st.

OneSpaWorld Trading Up 1.5 %

Shares of OSW stock opened at $19.39 on Monday. The stock has a 50 day simple moving average of $17.49 and a 200-day simple moving average of $16.18. OneSpaWorld Holdings Limited has a 1-year low of $11.49 and a 1-year high of $19.61. The company has a market cap of $2.02 billion, a price-to-earnings ratio of 39.57 and a beta of 2.13. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Wednesday, November 20th will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.83%. The ex-dividend date of this dividend is Wednesday, November 20th. OneSpaWorld’s payout ratio is 32.65%.

Insider Activity

In other OneSpaWorld news, Director Andrew R. Heyer sold 75,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $18.68, for a total value of $1,401,000.00. Following the transaction, the director now owns 545,432 shares in the company, valued at approximately $10,188,669.76. This trade represents a 12.09 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Stephen Lazarus sold 8,271 shares of OneSpaWorld stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $16.75, for a total transaction of $138,539.25. Following the sale, the chief financial officer now directly owns 726,920 shares in the company, valued at approximately $12,175,910. This trade represents a 1.13 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 319,810 shares of company stock worth $5,644,816 over the last 90 days. 5.00% of the stock is currently 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.