2 weeks Ago By ABMN Staff
American Century Companies Inc. raised its stake in OneWater Marine Inc. ( NASDAQ:ONEW – Free Report ) by 1.
8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,676,270 shares of the company’s stock after purchasing an additional 29,468 shares during the period. American Century Companies Inc.
owned 10.28% of OneWater Marine worth $29,134,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors also recently modified their holdings of the stock.
Royce & Associates LP grew its stake in OneWater Marine by 13.2% in the fourth quarter. Royce & Associates LP now owns 1,853,788 shares of the company’s stock worth $32,219,000 after purchasing an additional 216,410 shares in the last quarter.
Geode Capital Management LLC lifted its holdings in OneWater Marine by 11.4% during the 3rd quarter. Geode Capital Management LLC now owns 293,831 shares of the company’s stock worth $7,028,000 after buying an additional 29,952 shares during the last quarter.
State Street Corp grew its position in shares of OneWater Marine by 0.5% in the 3rd quarter. State Street Corp now owns 226,038 shares of the company’s stock worth $5,405,000 after acquiring an additional 1,131 shares in the last quarter.
First Eagle Investment Management LLC bought a new stake in shares of OneWater Marine in the 4th quarter valued at approximately $588,000. Finally, Virtu Financial LLC acquired a new stake in shares of OneWater Marine during the 4th quarter valued at approximately $418,000. Institutional investors own 94.
32% of the company’s stock. Wall Street Analysts Forecast Growth A number of equities analysts have commented on the stock. Truist Financial decreased their price objective on shares of OneWater Marine from $30.
00 to $25.00 and set a “buy” rating for the company in a report on Tuesday, January 7th. KeyCorp decreased their price target on shares of OneWater Marine from $27.
00 to $22.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Finally, Stifel Nicolaus dropped their price objective on shares of OneWater Marine from $31.
00 to $25.00 and set a “buy” rating on the stock in a research note on Wednesday, January 15th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company.
According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.75.
OneWater Marine Stock Performance Shares of ONEW opened at $16.58 on Friday. The firm has a fifty day moving average of $17.
40 and a 200-day moving average of $19.66. The company has a market cap of $270.
47 million, a price-to-earnings ratio of -23.03 and a beta of 2.59.
The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.25 and a current ratio of 1.
24. OneWater Marine Inc. has a 1 year low of $14.
13 and a 1 year high of $31.36. OneWater Marine ( NASDAQ:ONEW – Get Free Report ) last posted its earnings results on Thursday, January 30th.
The company reported ($0.54) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.84) by $0.
30. OneWater Marine had a negative net margin of 0.59% and a positive return on equity of 3.
09%. As a group, equities analysts anticipate that OneWater Marine Inc. will post 1.
57 earnings per share for the current year. Insider Transactions at OneWater Marine In related news, CEO Philip Austin Jr. Singleton acquired 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th.
The shares were acquired at an average cost of $15.40 per share, for a total transaction of $231,000.00.
Following the completion of the purchase, the chief executive officer now directly owns 682,368 shares in the company, valued at $10,508,467.20. This trade represents a 2.
25 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website . Insiders own 20.
30% of the company’s stock. OneWater Marine Profile ( Free Report ) 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. Further Reading Want to see what other hedge funds are holding ONEW? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for OneWater Marine Inc. ( NASDAQ:ONEW – Free Report ). Receive News & Ratings for OneWater Marine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OneWater Marine and related companies with MarketBeat.
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