Barclays PLC Has $5.92 Million Stock Position in OSI Systems, Inc. (NASDAQ:OSIS)

Barclays PLC lessened its stake in OSI Systems, Inc. (NASDAQ:OSIS) by 0.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,363 shares of the technology company’s stock after selling 156 shares during the quarter. Barclays PLC’s holdings in OSI Systems were worth $5,921,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Aster Capital Management DIFC Ltd acquired a new stake in shares of OSI Systems in the fourth quarter valued at approximately $25,000. Richardson Financial Services Inc. increased its stake in shares of OSI Systems by 65.6% in the 4th quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company’s stock valued at $26,000 after buying an additional 61 shares during the period. Smartleaf Asset Management LLC raised its position in shares of OSI Systems by 243.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 275 shares of the technology company’s stock worth $46,000 after acquiring an additional 195 shares during the last quarter. CIBC Private Wealth Group LLC lifted its stake in shares of OSI Systems by 241.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 683 shares of the technology company’s stock valued at $108,000 after acquiring an additional 483 shares during the period. Finally, KBC Group NV boosted its holdings in OSI Systems by 37.1% in the fourth quarter. KBC Group NV now owns 699 shares of the technology company’s stock valued at $117,000 after acquiring an additional 189 shares during the last quarter. 89.21% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Gerald M. Chizever sold 2,701 shares of the company’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $195.83, for a total transaction of $528,936.83. Following the completion of the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at $979,150. This represents a 35.07 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Paul Keith Morben sold 155 shares of the stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $199.36, for a total value of $30,900.80. Following the transaction, the insider now owns 10,077 shares of the company’s stock, valued at approximately $2,008,950.72. The trade was a 1.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by company insiders.

OSI Systems Trading Down 0.3 %

Shares of NASDAQ OSIS opened at $201.68 on Friday. OSI Systems, Inc. has a twelve month low of $129.18 and a twelve month high of $220.00. The stock has a market cap of $3.39 billion, a price-to-earnings ratio of 25.96, a P/E/G ratio of 1.81 and a beta of 1.19. The company has a quick ratio of 1.25, a current ratio of 1.88 and a debt-to-equity ratio of 0.56. The company’s fifty day moving average is $192.59 and its 200-day moving average is $177.38.

OSI Systems (NASDAQ:OSIS) last posted its earnings results on Thursday, January 23rd. The technology company reported $2.42 earnings per share for the quarter, topping the consensus estimate of $2.34 by $0.08. OSI Systems had a return on equity of 18.22% and a net margin of 8.15%. Equities research analysts predict that OSI Systems, Inc. will post 9.22 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Roth Mkm boosted their price objective on OSI Systems from $178.00 to $224.00 and gave the stock a “buy” rating in a report on Friday, January 24th. JPMorgan Chase & Co. began coverage on shares of OSI Systems in a report on Friday, February 21st. They issued a “neutral” rating and a $225.00 price objective on the stock. Wells Fargo & Company lowered their target price on shares of OSI Systems from $220.00 to $210.00 and set an “overweight” rating for the company in a report on Tuesday, April 8th. Oppenheimer increased their price target on OSI Systems from $205.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Finally, StockNews.com downgraded OSI Systems from a “hold” rating to a “sell” rating in a report on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $213.33.

OSI Systems Company Profile

OSI Systems, Inc designs and manufactures electronic systems and components. It operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation monitoring, explosive and narcotics trace detection systems, and optical inspection systems under the Rapiscan name.