2 weeks Ago By Defense World Staff
Bank of Montreal Can increased its holdings in OSI Systems, Inc. (NASDAQ:OSIS – Free Report) by 7.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The fund owned 2,152 shares of the technology company’s stock after purchasing an additional 153 shares during the quarter. Bank of Montreal Can’s holdings in OSI Systems were worth $360,000 at the end of the most recent reporting period. Several other institutional investors have also added to or reduced their stakes in OSIS.
FMR LLC boosted its position in shares of OSI Systems by 31.6% during the 4th quarter. FMR LLC now owns 847,907 shares of the technology company’s stock valued at $141,965,000 after purchasing an additional 203,511 shares in the last quarter.
Federated Hermes Inc. grew its position in shares of OSI Systems by 9.8% during the 4th quarter.
Federated Hermes Inc. now owns 2,416 shares of the technology company’s stock worth $405,000 after buying an additional 215 shares during the period. Aristides Capital LLC grew its position in shares of OSI Systems by 12.
1% during the 4th quarter. Aristides Capital LLC now owns 12,469 shares of the technology company’s stock worth $2,088,000 after buying an additional 1,350 shares during the period. Aster Capital Management DIFC Ltd bought a new stake in shares of OSI Systems in the 4th quarter valued at $25,000.
Finally, Envestnet Asset Management Inc. boosted its stake in OSI Systems by 29.5% during the fourth quarter.
Envestnet Asset Management Inc. now owns 84,231 shares of the technology company’s stock worth $14,103,000 after acquiring an additional 19,208 shares in the last quarter. 89.
21% of the stock is currently owned by institutional investors. OSI Systems Price PerformanceShares of NASDAQ:OSIS opened at $193.58 on Thursday.
The company has a current ratio of 1.88, a quick ratio of 1.25 and a debt-to-equity ratio of 0.
56. The stock has a market cap of $3.25 billion, a PE ratio of 24.
91, a price-to-earnings-growth ratio of 1.81 and a beta of 1.19.
The stock’s fifty day simple moving average is $193.08 and its two-hundred day simple moving average is $176.61.
OSI Systems, Inc. has a 1-year low of $126.57 and a 1-year high of $220.
00. OSI Systems (NASDAQ:OSIS – Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The technology company reported $2.
42 earnings per share for the quarter, beating analysts’ consensus estimates of $2.34 by $0.08.
OSI Systems had a net margin of 8.15% and a return on equity of 18.22%.
As a group, analysts forecast that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.
Wall Street Analyst Weigh InOSIS has been the topic of several research reports. Wells Fargo & Company dropped their price objective on shares of OSI Systems from $220.00 to $210.
00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. JPMorgan Chase & Co. assumed coverage on OSI Systems in a report on Friday, February 21st.
They issued a “neutral” rating and a $225.00 price target on the stock. StockNews.
com lowered OSI Systems from a “hold” rating to a “sell” rating in a research report on Thursday, March 27th. Roth Mkm increased their target price on OSI Systems from $178.00 to $224.
00 and gave the stock a “buy” rating in a report on Friday, January 24th. Finally, B. Riley boosted their price target on shares of OSI Systems from $180.
00 to $221.00 and gave the company a “buy” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the stock.
According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $213.33.Check Out Our Latest Analysis on OSI SystemsInsiders Place Their BetsIn other OSI Systems news, insider Paul Keith Morben sold 155 shares of the business’s stock in a transaction dated Thursday, January 30th.
The shares were sold at an average price of $199.36, for a total value of $30,900.80.
Following the transaction, the insider now directly owns 10,077 shares in the company, valued at $2,008,950.72. The trade was a 1.
51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gerald M.
Chizever sold 2,701 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $195.83, for a total transaction of $528,936.
83. Following the sale, the director now owns 5,000 shares of the company’s stock, valued at approximately $979,150. The trade was a 35.
07 % decrease in their position. The disclosure for this sale can be found here. Insiders own 5.
20% of the company’s stock. OSI Systems Company Profile (Free Report)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.Featured ArticlesFive stocks we like better than OSI SystemsHow to Use the MarketBeat Excel Dividend CalculatorCan IBM’s Q1 Earnings Spark a Breakout for the Stock?What is the S&P 500 and How It is Distinct from Other IndexesS&P 500 and Nasdaq-100 Flashed Death Crosses—Should You Worry?The Top 3 Healthcare Dividend Stocks to Buy and HoldFundamentally Sound, These 5 Stocks Sold Off Anyway.
