BlackRock Inc. increased its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS – Get Rating) by 1.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,286,557 shares of the technology company’s stock after acquiring an additional 35,807 shares during the period. BlackRock Inc. owned about 19.50% of OSI Systems worth $236,829,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently bought and sold shares of OSIS. MetLife Investment Management LLC lifted its stake in shares of OSI Systems by 53.6% in the 1st quarter. MetLife Investment Management LLC now owns 8,865 shares of the technology company’s stock valued at $755,000 after purchasing an additional 3,094 shares during the period. Rhumbline Advisers raised its position in shares of OSI Systems by 2.4% in the first quarter. Rhumbline Advisers now owns 49,560 shares of the technology company’s stock worth $4,219,000 after acquiring an additional 1,157 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of OSI Systems by 12.4% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,174 shares of the technology company’s stock worth $1,206,000 after acquiring an additional 1,563 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of OSI Systems by 0.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 809,069 shares of the technology company’s stock valued at $68,868,000 after acquiring an additional 5,950 shares during the period. Finally, Sei Investments Co. increased its stake in shares of OSI Systems by 8.1% in the 1st quarter. Sei Investments Co. now owns 5,487 shares of the technology company’s stock valued at $460,000 after purchasing an additional 409 shares in the last quarter. 89.01% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
OSIS has been the topic of several research analyst reports. StockNews.com raised OSI Systems from a “hold” rating to a “buy” rating in a report on Tuesday, November 15th. TheStreet upgraded shares of OSI Systems from a “c+” rating to a “b-” rating in a research report on Wednesday, November 16th.
Insider Activity at OSI Systems
OSI Systems Price Performance
Shares of OSI Systems stock opened at $91.63 on Tuesday. The stock has a market capitalization of $1.54 billion, a P/E ratio of 15.37, a PEG ratio of 1.37 and a beta of 0.92. The business has a 50 day simple moving average of $91.21 and a two-hundred day simple moving average of $84.47. OSI Systems, Inc. has a 12 month low of $69.31 and a 12 month high of $103.17. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.43 and a quick ratio of 0.75.
OSI Systems (NASDAQ:OSIS – Get Rating) last announced its quarterly earnings data on Thursday, January 26th. The technology company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04. OSI Systems had a return on equity of 14.99% and a net margin of 8.74%. The company had revenue of $295.60 million for the quarter, compared to analyst estimates of $297.19 million. During the same quarter last year, the firm posted $1.28 EPS. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. As a group, analysts predict that OSI Systems, Inc. will post 6.08 EPS for the current fiscal year.
OSI Systems Company Profile
OSI Systems, Inc designs and manufactures specialized electronic systems and components for critical applications. The firm operates through the following segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment provides security inspection systems and related services, and turnkey security screening solutions.
- Get a free copy of the StockNews.com research report on OSI Systems (OSIS)
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