OSI Systems, Inc. (OSIS) Shares Bought by Oppenheimer & Co. Inc.
Oppenheimer & Co. Inc. increased its holdings in OSI Systems, Inc. (NASDAQ:OSIS) by 2.1% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 36,155 shares of the technology company’s stock after buying an additional 740 shares during the quarter. Oppenheimer & Co. Inc. owned about 0.19% of OSI Systems worth $3,303,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. increased its holdings in OSI Systems by 2.2% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 105,129 shares of the technology company’s stock worth $7,901,000 after buying an additional 2,239 shares in the last quarter. Northern Trust Corp grew its stake in shares of OSI Systems by 8.0% during the 2nd quarter. Northern Trust Corp now owns 251,527 shares of the technology company’s stock valued at $18,902,000 after purchasing an additional 18,525 shares during the period. Neumeier Poma Investment Counsel LLC grew its stake in shares of OSI Systems by 11.4% during the 2nd quarter. Neumeier Poma Investment Counsel LLC now owns 414,815 shares of the technology company’s stock valued at $31,173,000 after purchasing an additional 42,470 shares during the period. Janus Henderson Group PLC bought a new stake in shares of OSI Systems during the 2nd quarter valued at about $108,791,000. Finally, AHL Partners LLP grew its stake in shares of OSI Systems by 23.8% during the 2nd quarter. AHL Partners LLP now owns 5,793 shares of the technology company’s stock valued at $435,000 after purchasing an additional 1,112 shares during the period. Institutional investors own 98.99% of the company’s stock.
OSI Systems, Inc. (NASDAQ OSIS) opened at $88.83 on Friday. OSI Systems, Inc. has a 12-month low of $69.08 and a 12-month high of $96.64. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.93 and a current ratio of 1.52. The firm has a market capitalization of $1,684.93, a PE ratio of 26.60, a PEG ratio of 1.89 and a beta of 0.77.
OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings data on Thursday, October 26th. The technology company reported $0.79 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.71 by $0.08. OSI Systems had a return on equity of 11.68% and a net margin of 3.06%. The firm had revenue of $257.13 million for the quarter, compared to analysts’ expectations of $248.52 million. During the same period in the previous year, the firm earned $0.44 EPS. The business’s quarterly revenue was up 16.8% on a year-over-year basis. sell-side analysts predict that OSI Systems, Inc. will post 3.47 earnings per share for the current year.
OSIS has been the subject of a number of recent research reports. Jefferies Group LLC restated a “buy” rating and set a $85.00 price target on shares of OSI Systems in a research note on Wednesday, August 9th. BidaskClub upgraded OSI Systems from a “hold” rating to a “buy” rating in a research note on Thursday, August 10th. TheStreet upgraded OSI Systems from a “c+” rating to a “b-” rating in a research note on Thursday, August 10th. B. Riley reaffirmed a “buy” rating and set a $92.00 price objective (up from $87.00) on shares of OSI Systems in a research report on Tuesday, August 22nd. Finally, Roth Capital reaffirmed a “buy” rating and set a $97.00 price objective on shares of OSI Systems in a research report on Tuesday, August 29th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $99.80.
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About OSI Systems
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.
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