OSI Systems, Inc. (OSIS) Holdings Increased by California Public Employees Retirement System

California Public Employees Retirement System raised its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 7.5% during the 3rd quarter, Holdings Channel reports. The firm owned 39,332 shares of the technology company’s stock after acquiring an additional 2,732 shares during the quarter. California Public Employees Retirement System’s holdings in OSI Systems were worth $3,594,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Riverhead Capital Management LLC boosted its stake in OSI Systems by 95.8% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,566 shares of the technology company’s stock valued at $118,000 after purchasing an additional 766 shares during the last quarter. Advisor Group Inc. boosted its stake in OSI Systems by 6.9% during the 2nd quarter. Advisor Group Inc. now owns 1,602 shares of the technology company’s stock valued at $121,000 after purchasing an additional 104 shares during the last quarter. Victory Capital Management Inc. boosted its stake in OSI Systems by 17.7% during the 2nd quarter. Victory Capital Management Inc. now owns 2,199 shares of the technology company’s stock valued at $165,000 after purchasing an additional 331 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in OSI Systems during the 3rd quarter valued at $165,000. Finally, Nine Chapters Capital Management LLC purchased a new stake in OSI Systems during the 3rd quarter valued at $201,000.

Several brokerages have commented on OSIS. Zacks Investment Research downgraded OSI Systems from a “hold” rating to a “sell” rating in a research note on Wednesday. Jefferies Group reiterated a “buy” rating and set a $79.00 target price on shares of OSI Systems in a research note on Monday, January 8th. Finally, BidaskClub upgraded OSI Systems from a “strong sell” rating to a “sell” rating in a research note on Saturday, January 6th. Two research analysts have rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $91.40.

OSI Systems, Inc. (NASDAQ OSIS) opened at $67.68 on Friday. The firm has a market capitalization of $1,280.00, a price-to-earnings ratio of 43.11, a PEG ratio of 1.42 and a beta of 0.73. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.93 and a current ratio of 1.52. OSI Systems, Inc. has a twelve month low of $53.80 and a twelve month high of $96.64.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings results on Thursday, October 26th. The technology company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.08. The firm had revenue of $257.13 million for the quarter, compared to analysts’ expectations of $248.52 million. OSI Systems had a return on equity of 11.68% and a net margin of 3.06%. The company’s revenue was up 16.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.44 EPS. sell-side analysts predict that OSI Systems, Inc. will post 3.49 earnings per share for the current fiscal year.

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OSI Systems Company Profile

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.

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

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