Schwab Charles Investment Management Inc. Has $10.26 Million Stake in OSI Systems, Inc. (NASDAQ:OSIS)

Schwab Charles Investment Management Inc. grew its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 6.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 112,297 shares of the technology company’s stock after acquiring an additional 7,168 shares during the quarter. Schwab Charles Investment Management Inc. owned about 0.59% of OSI Systems worth $10,261,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of OSIS. Riverhead Capital Management LLC increased its holdings in shares of OSI Systems by 95.8% during the second quarter. Riverhead Capital Management LLC now owns 1,566 shares of the technology company’s stock valued at $118,000 after acquiring an additional 766 shares in the last quarter. Advisor Group Inc. increased its holdings in shares of OSI Systems by 6.9% during the second quarter. Advisor Group Inc. now owns 1,602 shares of the technology company’s stock valued at $121,000 after acquiring an additional 104 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of OSI Systems by 17.7% during the second quarter. Victory Capital Management Inc. now owns 2,199 shares of the technology company’s stock valued at $165,000 after acquiring an additional 331 shares in the last quarter. Nine Chapters Capital Management LLC bought a new position in shares of OSI Systems during the third quarter valued at $201,000. Finally, Icon Advisers Inc. Co. bought a new position in shares of OSI Systems during the third quarter valued at $210,000.

OSI Systems, Inc. (NASDAQ:OSIS) opened at $67.68 on Friday. The stock has a market capitalization of $1,280.18, a PE ratio of 43.11, a price-to-earnings-growth ratio of 1.44 and a beta of 0.73. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.52 and a quick ratio of 0.93. OSI Systems, Inc. has a 12-month low of $53.80 and a 12-month high of $96.64.

OSI Systems (NASDAQ:OSIS) last announced its earnings results on Thursday, October 26th. The technology company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.08. OSI Systems had a return on equity of 11.68% and a net margin of 3.06%. The business had revenue of $257.13 million for the quarter, compared to analysts’ expectations of $248.52 million. During the same period last year, the firm posted $0.44 earnings per share. The business’s revenue for the quarter was up 16.8% on a year-over-year basis. equities analysts anticipate that OSI Systems, Inc. will post 3.47 EPS for the current fiscal year.

Several research firms recently commented on OSIS. Zacks Investment Research cut OSI Systems from a “hold” rating to a “sell” rating in a research report on Wednesday. Jefferies Group reaffirmed a “buy” rating and set a $79.00 price objective on shares of OSI Systems in a research report on Monday, January 8th. BidaskClub raised OSI Systems from a “strong sell” rating to a “sell” rating in a research report on Saturday, January 6th. Finally, B. Riley reaffirmed a “buy” rating and set a $108.00 price objective on shares of OSI Systems in a research report on Tuesday, October 24th. Two research analysts have rated the stock with a sell rating and four have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $91.40.

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About OSI Systems

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.

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

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