OSI Systems, Inc. (OSIS) Shares Sold by California State Teachers Retirement System
California State Teachers Retirement System trimmed its position in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 9.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 27,860 shares of the technology company’s stock after selling 2,999 shares during the period. California State Teachers Retirement System’s holdings in OSI Systems were worth $2,546,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Janus Henderson Group PLC purchased a new position in shares of OSI Systems during the 2nd quarter valued at $108,791,000. Emerald Advisers Inc. PA grew its holdings in shares of OSI Systems by 6,051.2% during the 3rd quarter. Emerald Advisers Inc. PA now owns 169,650 shares of the technology company’s stock valued at $15,501,000 after acquiring an additional 166,892 shares in the last quarter. Emerald Mutual Fund Advisers Trust purchased a new position in shares of OSI Systems during the 3rd quarter valued at $11,235,000. OxFORD Asset Management LLP purchased a new position in shares of OSI Systems during the 2nd quarter valued at $3,465,000. Finally, Gotham Asset Management LLC grew its holdings in shares of OSI Systems by 609.2% during the 2nd quarter. Gotham Asset Management LLC now owns 52,174 shares of the technology company’s stock valued at $3,921,000 after acquiring an additional 44,817 shares in the last quarter.
Several equities analysts have recently commented on the stock. Zacks Investment Research cut shares of OSI Systems from a “buy” rating to a “hold” rating in a report on Thursday, January 4th. Jefferies Group restated a “buy” rating and set a $79.00 price target on shares of OSI Systems in a report on Monday, January 8th. BidaskClub upgraded shares of OSI Systems from a “strong sell” rating to a “sell” rating in a report on Saturday, January 6th. Finally, B. Riley restated a “buy” rating and set a $108.00 price target on shares of OSI Systems in a report on Tuesday, October 24th. Two investment analysts have rated the stock with a sell rating and four have given a buy rating to the company’s stock. OSI Systems has an average rating of “Hold” and a consensus target price of $91.40.
Shares of OSI Systems, Inc. (NASDAQ OSIS) opened at $67.68 on Friday. The stock has a market cap of $1,280.18, a price-to-earnings ratio of 43.11, a P/E/G ratio of 1.44 and a beta of 0.73. OSI Systems, Inc. has a fifty-two week low of $53.80 and a fifty-two week high of $96.64. The company has a quick ratio of 0.93, a current ratio of 1.52 and a debt-to-equity ratio of 0.43.
OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings data on Thursday, October 26th. The technology company reported $0.79 earnings per share (EPS) 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%. OSI Systems’s revenue for the quarter was up 16.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.44 earnings per share. analysts anticipate 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.
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