OSI Systems, Inc. (NASDAQ:OSIS) Shares Bought by Boston Partners

Boston Partners raised its stake in OSI Systems, Inc. (NASDAQ:OSIS) by 34.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 237,882 shares of the technology company’s stock after acquiring an additional 61,304 shares during the quarter. Boston Partners owned approximately 1.42% of OSI Systems worth $39,911,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. State Street Corp lifted its holdings in OSI Systems by 0.9% in the third quarter. State Street Corp now owns 727,690 shares of the technology company’s stock valued at $110,485,000 after acquiring an additional 6,514 shares during the period. Park Avenue Securities LLC lifted its holdings in OSI Systems by 36.0% in the fourth quarter. Park Avenue Securities LLC now owns 6,275 shares of the technology company’s stock valued at $1,051,000 after acquiring an additional 1,660 shares during the period. HighTower Advisors LLC acquired a new position in OSI Systems in the third quarter valued at approximately $443,000. Citigroup Inc. increased its position in shares of OSI Systems by 64.9% in the third quarter. Citigroup Inc. now owns 27,320 shares of the technology company’s stock valued at $4,148,000 after buying an additional 10,753 shares in the last quarter. Finally, FMR LLC increased its position in shares of OSI Systems by 4,891.4% in the third quarter. FMR LLC now owns 644,396 shares of the technology company’s stock valued at $97,839,000 after buying an additional 631,486 shares in the last quarter. 89.21% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at OSI Systems

In other OSI Systems news, Director Gerald M. Chizever sold 2,701 shares of the company’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of $195.83, for a total value of $528,936.83. Following the completion of the sale, the director now directly owns 5,000 shares in the company, valued at $979,150. This represents a 35.07 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Paul Keith Morben sold 155 shares of the company’s stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $199.36, for a total value of $30,900.80. Following the completion of the sale, the insider now owns 10,077 shares of the company’s stock, valued at approximately $2,008,950.72. The trade was a 1.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.20% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently commented on OSIS. Oppenheimer boosted their price objective on OSI Systems from $205.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. JPMorgan Chase & Co. began coverage on OSI Systems in a research report on Friday, February 21st. They issued a “neutral” rating and a $225.00 price objective for the company. StockNews.com upgraded OSI Systems from a “sell” rating to a “hold” rating in a research report on Wednesday. Wells Fargo & Company boosted their price objective on OSI Systems from $172.00 to $202.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. Finally, Roth Mkm boosted their price objective on OSI Systems from $178.00 to $224.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, OSI Systems presently has an average rating of “Moderate Buy” and an average target price of $212.00.

OSI Systems Stock Up 5.3 %

Shares of OSIS opened at $202.83 on Thursday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.25 and a current ratio of 1.88. OSI Systems, Inc. has a one year low of $126.57 and a one year high of $220.00. The stock has a market capitalization of $3.41 billion, a price-to-earnings ratio of 26.10, a PEG ratio of 1.81 and a beta of 1.20. The stock has a 50 day moving average price of $191.25 and a 200 day moving average price of $168.32.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings results on Thursday, January 23rd. The technology company reported $2.42 EPS for the quarter, topping the consensus estimate of $2.34 by $0.08. OSI Systems had a return on equity of 18.22% and a net margin of 8.15%. Equities research analysts forecast that OSI Systems, Inc. will post 9.22 earnings per share for the current fiscal year.

OSI Systems Company Profile

OSI Systems, Inc designs and manufactures electronic systems and components. It operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation monitoring, explosive and narcotics trace detection systems, and optical inspection systems under the Rapiscan name.