Pier Capital LLC Purchases 11,919 Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW)

Pier Capital LLC boosted 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 & Exchange Commission. The fund owned 541,631 shares of the company’s stock after purchasing an additional 11,919 shares during the quarter. OneSpaWorld makes up approximately 1.5% of Pier Capital LLC’s holdings, making the stock its 8th largest holding. Pier Capital LLC owned about 0.52% of OneSpaWorld worth $10,778,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Signaturefd LLC grew its stake in OneSpaWorld by 139.9% in the fourth quarter. Signaturefd LLC now owns 1,317 shares of the company’s stock worth $26,000 after purchasing an additional 768 shares in the last quarter. Morse Asset Management Inc grew its position in shares of OneSpaWorld by 8.1% in the 3rd quarter. Morse Asset Management Inc now owns 14,050 shares of the company’s stock worth $232,000 after acquiring an additional 1,050 shares in the last quarter. Sheets Smith Wealth Management increased its holdings in shares of 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 acquiring an additional 1,050 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in shares of OneSpaWorld during the 4th quarter valued at approximately $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 valued at $3,894,000 after acquiring an additional 1,400 shares in the last quarter. 95.98% of the stock is owned by institutional investors and hedge funds.

OneSpaWorld Price Performance

Shares of OSW opened at $18.30 on Tuesday. OneSpaWorld Holdings Limited has a 12 month low of $11.98 and a 12 month 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 stock has a fifty day moving average price of $19.76 and a 200 day moving average price of $18.74. The company has a market cap of $1.92 billion, a P/E ratio of 26.14 and a beta of 2.11.

OneSpaWorld Dividend Announcement

The company also recently declared 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 is Wednesday, March 12th. This represents a $0.16 annualized dividend and a dividend yield of 0.87%. OneSpaWorld’s dividend payout ratio is currently 22.86%.

Analyst Ratings Changes

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

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.