Russell Investments Group Ltd. Purchases 59,753 Shares of OneWater Marine Inc. (NASDAQ:ONEW)

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Russell Investments Group Ltd. grew its position in OneWater Marine Inc. (NASDAQ:ONEW – Free Report) by 42.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 201,943 shares of the company’s stock after acquiring an additional 59,753 shares during the period. Russell Investments Group Ltd.’s holdings in OneWater Marine were worth $3,510,000 at the end [...]

Russell Investments Group Ltd. grew its position in OneWater Marine Inc. ( NASDAQ:ONEW – Free Report ) by 42.

0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 201,943 shares of the company’s stock after acquiring an additional 59,753 shares during the period.



Russell Investments Group Ltd.’s holdings in OneWater Marine were worth $3,510,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors have also recently modified their holdings of ONEW.

Rhumbline Advisers boosted its holdings in OneWater Marine by 3.6% in the 4th quarter. Rhumbline Advisers now owns 19,420 shares of the company’s stock worth $338,000 after buying an additional 683 shares during the period.

State Street Corp lifted its position in shares of OneWater Marine by 0.5% in the third quarter. State Street Corp now owns 226,038 shares of the company’s stock valued at $5,405,000 after acquiring an additional 1,131 shares in the last quarter.

Wells Fargo & Company MN boosted its stake in shares of OneWater Marine by 27.0% in the fourth quarter. Wells Fargo & Company MN now owns 7,194 shares of the company’s stock worth $125,000 after acquiring an additional 1,529 shares during the period.

Geode Capital Management LLC grew its position in shares of OneWater Marine by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 296,285 shares of the company’s stock worth $5,150,000 after purchasing an additional 2,454 shares in the last quarter.

Finally, FMR LLC raised its stake in OneWater Marine by 332.5% during the 3rd quarter. FMR LLC now owns 4,308 shares of the company’s stock valued at $103,000 after purchasing an additional 3,312 shares during the period.

94.32% of the stock is owned by hedge funds and other institutional investors. OneWater Marine Price Performance ONEW stock opened at $12.

84 on Thursday. OneWater Marine Inc. has a 52 week low of $12.

02 and a 52 week high of $31.36. The firm has a market capitalization of $209.

46 million, a P/E ratio of -17.83 and a beta of 2.33.

The company has a fifty day simple moving average of $16.48 and a two-hundred day simple moving average of $18.77.

The company has a quick ratio of 0.25, a current ratio of 1.24 and a debt-to-equity ratio of 1.

08. Analysts Set New Price Targets ONEW has been the subject of a number of research analyst reports. Robert W.

Baird reaffirmed a “neutral” rating and set a $18.00 price objective (down from $25.00) on shares of OneWater Marine in a report on Friday, April 4th.

KeyCorp cut their target price on shares of OneWater Marine from $27.00 to $22.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th.

Baird R W cut shares of OneWater Marine from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 4th. Truist Financial dropped their price objective on shares of OneWater Marine from $25.00 to $16.

00 and set a “buy” rating for the company in a report on Monday. Finally, Stifel Nicolaus reduced their target price on OneWater Marine from $31.00 to $25.

00 and set a “buy” rating on the stock in a report on Wednesday, January 15th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.

com, the stock has an average rating of “Hold” and an average price target of $20.80. Check Out Our Latest Stock Report on OneWater Marine Insider Activity In other news, CEO Philip Austin Jr.

Singleton purchased 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average cost of $15.40 per share, with a total value of $231,000.

00. Following the purchase, the chief executive officer now owns 682,368 shares in the company, valued at approximately $10,508,467.20.

This trade represents a 2.25 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink .

Corporate insiders own 20.30% of the company’s stock. OneWater Marine Company 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.

See Also 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 ).

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