Latest Stocks: OSI Systems, Inc. (OSIS) Position Maintained by Strs Ohio

Latest Stocks: OSI Systems, Inc. (OSIS) Position Maintained by Strs Ohio

Strs Ohio maintained its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS) during the first quarter, Holdings Channel reports. The institutional investor owned 5,500 shares of the technology company’s stock at the end of the first quarter. Strs Ohio’s holdings in OSI Systems were worth $401,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in OSIS. A.R.T. Advisors LLC purchased a new stake in shares of OSI Systems during the fourth quarter valued at approximately $753,000. Bayesian Capital Management LP raised its stake in shares of OSI Systems by 4.4% in the fourth quarter. Bayesian Capital Management LP now owns 6,611 shares of the technology company’s stock valued at $503,000 after buying an additional 276 shares during the last quarter. Royce & Associates LP raised its stake in shares of OSI Systems by 6.5% in the fourth quarter. Royce & Associates LP now owns 49,000 shares of the technology company’s stock valued at $3,730,000 after buying an additional 3,000 shares during the last quarter. Neumeier Poma Investment Counsel LLC raised its stake in shares of OSI Systems by 22.6% in the fourth quarter. Neumeier Poma Investment Counsel LLC now owns 323,880 shares of the technology company’s stock valued at $24,654,000 after buying an additional 59,750 shares during the last quarter. Finally, Cortina Asset Management LLC purchased a new stake in shares of OSI Systems during the fourth quarter valued at approximately $5,007,000. Institutional investors own 95.42% of the company’s stock.

OSI Systems, Inc. (NASDAQ:OSIS) opened at 80.37 on Tuesday. The company has a market capitalization of $1.50 billion, a PE ratio of 61.87 and a beta of 0.77. OSI Systems, Inc. has a 12-month low of $51.03 and a 12-month high of $82.26. The stock has a 50 day moving average of $76.92 and a 200 day moving average of $75.11.

OSI Systems (NASDAQ:OSIS) last announced its earnings results on Wednesday, April 26th. The technology company reported $0.85 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.05. OSI Systems had a net margin of 2.32% and a return on equity of 8.41%. The company had revenue of $245.15 million during the quarter, compared to the consensus estimate of $244.35 million. During the same period in the previous year, the firm posted $0.64 earnings per share. The company’s revenue was up 16.3% on a year-over-year basis. On average, equities research analysts predict that OSI Systems, Inc. will post $2.90 EPS for the current year.

Several brokerages have commented on OSIS. Zacks Investment Research upgraded shares of OSI Systems from a “hold” rating to a “buy” rating and set a $87.00 price target on the stock in a research note on Friday, May 26th. Jefferies Group LLC restated a “buy” rating on shares of OSI Systems in a research note on Thursday, June 1st. Sidoti began coverage on shares of OSI Systems in a research note on Wednesday, May 24th. They issued a “buy” rating and a $99.00 price target on the stock. Finally, B. Riley restated a “buy” rating and issued a $87.00 price target on shares of OSI Systems in a research note on Saturday, April 29th. Eight equities research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average price target of $84.43.

Want to see what other hedge funds are holding OSIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for OSI Systems, Inc. (NASDAQ:OSIS).

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