Magnetar Financial LLC purchased a new stake in OSI Systems, Inc. (NASDAQ:OSIS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,228 shares of the technology company’s stock, valued at approximately $204,000.

Several other large investors have also recently made changes to their positions in the business. Nationwide Fund Advisors increased its stake in shares of OSI Systems by 0.6% during the second quarter. Nationwide Fund Advisors now owns 12,294 shares of the technology company’s stock valued at $924,000 after acquiring an additional 74 shares during the period. Advisor Group Inc. increased its stake in shares of OSI Systems by 6.9% during the second quarter. Advisor Group Inc. now owns 1,602 shares of the technology company’s stock valued at $121,000 after acquiring an additional 104 shares during the period. Oppenheimer Asset Management Inc. increased its stake in shares of OSI Systems by 0.6% during the second quarter. Oppenheimer Asset Management Inc. now owns 18,351 shares of the technology company’s stock valued at $1,379,000 after acquiring an additional 112 shares during the period. Stifel Financial Corp increased its stake in shares of OSI Systems by 3.7% during the second quarter. Stifel Financial Corp now owns 3,767 shares of the technology company’s stock valued at $283,000 after acquiring an additional 136 shares during the period. Finally, Municipal Employees Retirement System of Michigan increased its stake in shares of OSI Systems by 3.6% during the second quarter. Municipal Employees Retirement System of Michigan now owns 4,290 shares of the technology company’s stock valued at $322,000 after acquiring an additional 150 shares during the period.

A number of research analysts recently commented on the stock. B. Riley reiterated a “buy” rating and set a $108.00 price objective on shares of OSI Systems in a research note on Tuesday, October 24th. Zacks Investment Research lowered shares of OSI Systems from a “buy” rating to a “hold” rating in a research note on Thursday, October 26th. Finally, Roth Capital reiterated a “buy” rating and set a $97.00 price objective on shares of OSI Systems in a research note on Tuesday, August 29th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $99.80.

OSI Systems, Inc. (NASDAQ OSIS) opened at $65.77 on Monday. OSI Systems, Inc. has a 12 month low of $53.80 and a 12 month high of $96.64. The company has a current ratio of 1.52, a quick ratio of 0.93 and a debt-to-equity ratio of 0.43. The company has a market cap of $1,247.53, a P/E ratio of 19.69, a P/E/G ratio of 1.40 and a beta of 0.71.

OSI Systems (NASDAQ:OSIS) last issued its earnings results on Thursday, October 26th. The technology company reported $0.79 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.71 by $0.08. The firm had revenue of $257.13 million during the quarter, compared to analysts’ expectations of $248.52 million. OSI Systems had a net margin of 3.06% and a return on equity of 11.68%. The firm’s revenue for the quarter was up 16.8% compared to the same quarter last year. During the same period last year, the firm posted $0.44 earnings per share. research analysts expect that OSI Systems, Inc. will post 3.47 EPS for the current fiscal year.

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OSI Systems Company Profile

OSI Systems, Inc, through its subsidiaries, is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. The Company sells its products and provides related services in diversified markets, including homeland security, healthcare, defense and aerospace.

Institutional Ownership by Quarter for OSI Systems (NASDAQ:OSIS)

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