UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS – Free Report) by 5.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 452,547 shares of the technology company’s stock after acquiring an additional 21,986 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 2.75% of OSI Systems worth $98,972,000 as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. Group One Trading LLC bought a new position in shares of OSI Systems during the first quarter worth approximately $27,000. Danske Bank A S bought a new stake in shares of OSI Systems in the third quarter valued at approximately $25,000. Transamerica Financial Advisors LLC bought a new stake in shares of OSI Systems in the second quarter valued at approximately $26,000. Mcguire Capital Advisors Inc. acquired a new stake in OSI Systems during the fourth quarter worth approximately $32,000. Finally, Public Employees Retirement System of Ohio bought a new position in OSI Systems during the 2nd quarter worth $35,000. Institutional investors own 89.21% of the company’s stock.
OSI Systems Trading Up 0.3%
Shares of OSIS stock opened at $208.52 on Wednesday. The stock’s fifty day moving average price is $218.60 and its two-hundred day moving average price is $244.15. The company has a market cap of $3.32 billion, a PE ratio of 23.17, a P/E/G ratio of 1.57 and a beta of 1.20. OSI Systems, Inc. has a fifty-two week low of $186.50 and a fifty-two week high of $311.72. The company has a debt-to-equity ratio of 1.20, a quick ratio of 2.34 and a current ratio of 3.15.
Wall Street Analyst Weigh In
OSIS has been the subject of several analyst reports. Roth Capital reaffirmed a “buy” rating and issued a $274.00 price objective on shares of OSI Systems in a report on Friday, August 21st. Citigroup decreased their price target on OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Weiss Ratings downgraded OSI Systems from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. Oppenheimer cut their price objective on shares of OSI Systems from $320.00 to $300.00 and set an “outperform” rating for the company in a research report on Friday, August 21st. Finally, Bank of America reduced their price objective on shares of OSI Systems from $315.00 to $300.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, OSI Systems has an average rating of “Moderate Buy” and a consensus target price of $281.71.
View Our Latest Analysis on OSIS
OSI Systems Company Profile
OSI Systems, Inc (NASDAQ: OSIS) is a publicly traded technology company founded in 1987 and headquartered in Hawthorne, California. The company designs, develops and manufactures advanced security and inspection systems, optoelectronic devices and medical imaging equipment. Over its history, OSI Systems has grown its product offerings through internal research and development as well as strategic acquisitions, expanding its capabilities in mission-critical sensing and inspection technologies.
OSI Systems operates three primary business segments.
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