New York State Common Retirement Fund raised its position in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 0.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 275,599 shares of the technology company’s stock after buying an additional 1,752 shares during the period. New York State Common Retirement Fund owned about 1.45% of OSI Systems worth $25,181,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Riverhead Capital Management LLC increased its holdings in shares of OSI Systems by 95.8% during the second quarter. Riverhead Capital Management LLC now owns 1,566 shares of the technology company’s stock worth $118,000 after buying an additional 766 shares in the last quarter. Advisor Group Inc. increased its holdings 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 worth $121,000 after buying an additional 104 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of OSI Systems by 17.7% during the second quarter. Victory Capital Management Inc. now owns 2,199 shares of the technology company’s stock worth $165,000 after buying an additional 331 shares in the last quarter. Nine Chapters Capital Management LLC acquired a new stake in shares of OSI Systems during the third quarter worth approximately $201,000. Finally, CIBC Asset Management Inc bought a new stake in shares of OSI Systems during the third quarter valued at approximately $211,000.

Shares of OSI Systems, Inc. (NASDAQ:OSIS) opened at $66.43 on Tuesday. OSI Systems, Inc. has a 52 week low of $53.80 and a 52 week 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 company has a market cap of $1,297.82, a P/E ratio of 20.49, a PEG ratio of 1.46 and a beta of 0.71.

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

Several analysts have recently commented on OSIS shares. Zacks Investment Research raised shares of OSI Systems from a “hold” rating to a “buy” rating and set a $97.00 price target on the stock in a research note on Friday, September 22nd. Roth Capital reissued a “buy” rating and set a $97.00 price target on shares of OSI Systems in a research note on Tuesday, August 29th. Finally, B. Riley reissued a “buy” rating and set a $108.00 price target on shares of OSI Systems in a research note on Tuesday, October 24th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target 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.

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

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