Aquatic Capital Management LLC Buys New Position in OSI Systems, Inc. (NASDAQ:OSIS)

Aquatic Capital Management LLC acquired a new stake in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,107 shares of the technology company's stock, valued at approximately $855,000.

A number of other large investors also recently bought and sold shares of the stock. Park Avenue Securities LLC grew its stake in shares of OSI Systems by 36.0% in the fourth quarter. Park Avenue Securities LLC now owns 6,275 shares of the technology company's stock worth $1,051,000 after acquiring an additional 1,660 shares in the last quarter. Schroder Investment Management Group acquired a new position in shares of OSI Systems during the fourth quarter worth about $472,000. Barclays PLC grew its holdings in OSI Systems by 252.3% during the 3rd quarter. Barclays PLC now owns 35,519 shares of the technology company's stock worth $5,392,000 after acquiring an additional 25,437 shares in the last quarter. Register Financial Advisors LLC lifted its position in shares of OSI Systems by 128.0% during the 4th quarter. Register Financial Advisors LLC now owns 11,400 shares of the technology company's stock worth $1,909,000 after purchasing an additional 6,400 shares during the last quarter. Finally, World Investment Advisors LLC purchased a new position in OSI Systems in the third quarter valued at $16,713,000. Institutional investors and hedge funds own 89.21% of the company's stock.

Wall Street Analyst Weigh In

OSIS has been the subject of a number of recent analyst reports. B. Riley reaffirmed a "buy" rating and set a $255.00 price target (up from $221.00) on shares of OSI Systems in a report on Friday. JPMorgan Chase & Co. started coverage on OSI Systems in a report on Friday, February 21st. They issued a "neutral" rating and a $225.00 price target for the company. Wells Fargo & Company cut 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. Roth Mkm increased their target price on shares of OSI Systems from $224.00 to $245.00 and gave the company a "buy" rating in a research report on Friday. Finally, Oppenheimer lifted their target price on OSI Systems from $225.00 to $260.00 and gave the stock an "outperform" rating in a research report on Monday. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $228.33.

OSI Systems Price Performance

Shares of OSIS traded up $0.41 during mid-day trading on Tuesday, hitting $220.97. The company's stock had a trading volume of 45,010 shares, compared to its average volume of 187,771. OSI Systems, Inc. has a 1-year low of $129.18 and a 1-year high of $227.34. 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 firm has a 50-day simple moving average of $193.38 and a 200 day simple moving average of $180.54. The firm has a market capitalization of $3.71 billion, a P/E ratio of 28.54, a P/E/G ratio of 1.81 and a beta of 1.19.

OSI Systems (NASDAQ:OSIS - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The technology company reported $2.44 EPS for the quarter, topping the consensus estimate of $2.38 by $0.06. OSI Systems had a return on equity of 18.22% and a net margin of 8.15%. The business had revenue of $444.35 million for the quarter, compared to analyst estimates of $436.49 million. During the same quarter in the previous year, the company earned $2.16 EPS. The company's quarterly revenue was up 9.5% on a year-over-year basis. Analysts predict that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

OSI Systems 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.