Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 71 Shares of OSI Systems, Inc. (NASDAQ:OSIS)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its stake in OSI Systems, Inc. (NASDAQ:OSIS) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,318 shares of the technology company’s stock after selling 71 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in OSI Systems were worth $556,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. FMR LLC raised its holdings in OSI Systems by 4,891.4% in the 3rd quarter. FMR LLC now owns 644,396 shares of the technology company’s stock worth $97,839,000 after acquiring an additional 631,486 shares during the last quarter. World Investment Advisors LLC purchased a new position in shares of OSI Systems in the third quarter worth $16,713,000. Boston Partners lifted its holdings in shares of OSI Systems by 34.7% during the fourth quarter. Boston Partners now owns 237,882 shares of the technology company’s stock valued at $39,911,000 after purchasing an additional 61,304 shares in the last quarter. Swedbank AB purchased a new stake in shares of OSI Systems during the fourth quarter valued at $8,372,000. Finally, Telemark Asset Management LLC bought a new stake in OSI Systems in the 4th quarter worth about $8,372,000. 89.21% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

OSIS has been the subject of several research reports. Oppenheimer boosted their price objective on shares of OSI Systems from $205.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, January 24th. StockNews.com cut OSI Systems from a “hold” rating to a “sell” rating in a report on Thursday. JPMorgan Chase & Co. began coverage on OSI Systems in a report on Friday, February 21st. They issued a “neutral” rating and a $225.00 price objective for the company. Roth Mkm increased their target price on OSI Systems from $178.00 to $224.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, B. Riley boosted their price target on OSI Systems from $180.00 to $221.00 and gave the company a “buy” rating in a research note on Friday, January 24th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $212.00.

Insider Activity

In related news, Director Gerald M. Chizever sold 2,701 shares of OSI Systems 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. This trade represents a 35.07 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Paul Keith Morben sold 155 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $199.36, for a total value of $30,900.80. Following the completion of the transaction, the insider now owns 10,077 shares of the company’s stock, valued at $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. Company insiders own 5.20% of the company’s stock.

OSI Systems Trading Down 0.6 %

Shares of NASDAQ:OSIS opened at $199.11 on Friday. The stock has a 50 day moving average of $196.10 and a 200 day moving average of $170.50. The company has a market cap of $3.34 billion, a PE ratio of 25.63, a price-to-earnings-growth ratio of 1.81 and a beta of 1.20. OSI Systems, Inc. has a 12-month low of $126.57 and a 12-month high of $220.00. The company has a current ratio of 1.88, a quick ratio of 1.25 and a debt-to-equity ratio of 0.56.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings data on Thursday, January 23rd. The technology company reported $2.42 earnings per share (EPS) for the quarter, topping 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, equities research analysts expect that OSI Systems, Inc. will post 9.22 EPS for the current year.

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.