WINTON GROUP Ltd raised its position in OSI Systems, Inc. (NASDAQ:OSIS – Free Report) by 541.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,382 shares of the technology company’s stock after acquiring an additional 6,231 shares during the quarter. WINTON GROUP Ltd’s holdings in OSI Systems were worth $1,614,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of OSIS. Abel Hall LLC increased its position in shares of OSI Systems by 3.6% during the 1st quarter. Abel Hall LLC now owns 1,113 shares of the technology company’s stock valued at $296,000 after purchasing an additional 39 shares during the last quarter. CIBC Private Wealth Group LLC boosted its holdings in shares of OSI Systems by 6.4% in the fourth quarter. CIBC Private Wealth Group LLC now owns 815 shares of the technology company’s stock worth $208,000 after buying an additional 49 shares during the last quarter. Severin Investments LLC boosted its holdings in shares of OSI Systems by 3.0% in the fourth quarter. Severin Investments LLC now owns 1,940 shares of the technology company’s stock worth $495,000 after buying an additional 56 shares during the last quarter. HB Wealth Management LLC grew its position in OSI Systems by 7.0% during the first quarter. HB Wealth Management LLC now owns 1,045 shares of the technology company’s stock valued at $277,000 after buying an additional 68 shares during the period. Finally, Maryland State Retirement & Pension System grew its position in OSI Systems by 3.2% during the fourth quarter. Maryland State Retirement & Pension System now owns 2,347 shares of the technology company’s stock valued at $599,000 after buying an additional 72 shares during the period. 89.21% of the stock is owned by hedge funds and other institutional investors.
OSI Systems Stock Up 1.5%
OSIS opened at $204.29 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 2.34 and a current ratio of 3.15. OSI Systems, Inc. has a fifty-two week low of $186.50 and a fifty-two week high of $311.72. The firm’s fifty day moving average is $216.35 and its 200 day moving average is $240.41. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 22.70, a price-to-earnings-growth ratio of 1.54 and a beta of 1.20.
Analyst Upgrades and Downgrades
Several research firms have weighed in on OSIS. B. Riley Financial reiterated a “buy” rating and issued a $265.00 price target (down from $320.00) on shares of OSI Systems in a research report on Friday, August 21st. Weiss Ratings downgraded shares of OSI Systems from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, July 30th. Bank of America reduced their price objective on OSI Systems from $315.00 to $300.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Citigroup decreased their target price on OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Finally, Oppenheimer lowered their target price on OSI Systems from $320.00 to $300.00 and set an “outperform” rating on the stock in a research report on Friday, August 21st. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $281.71.
Get Our Latest Analysis on OSIS
About OSI Systems
OSI Systems, Inc (NASDAQ: OSIS) is a vertically integrated technology company that designs and manufactures specialized electronic systems for security, healthcare, and optoelectronic applications. The company serves government agencies, transportation authorities, hospitals, medical providers, defense contractors, and commercial customers worldwide.
Through its Rapiscan Systems business, OSI Systems provides security inspection and screening products, including baggage and parcel inspection systems, cargo and vehicle screening equipment, people-screening technologies, radiation detection systems, and related security services.
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