Liontrust Investment Partners LLP Makes New $711,000 Investment in OSI Systems, Inc. $OSIS

Key Points

• Liontrust Investment Partners LLP has acquired 3,658 shares of OSI Systems, Inc., valued at approximately $711,000, during the first quarter.
• Multiple institutional investors have recently increased their stakes in OSI Systems, with institutional ownership now at 89.21%.
• Analyst ratings for OSI Systems have improved, with a consensus rating of "Moderate Buy" and a target price increase across several research firms.

Liontrust Investment Partners LLP acquired a new stake in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 3,658 shares of the technology company's stock, valued at approximately $711,000.

Other hedge funds also recently made changes to their positions in the company. Sequoia Financial Advisors LLC acquired a new position in shares of OSI Systems in the 1st quarter valued at $234,000. QRG Capital Management Inc. increased its position in shares of OSI Systems by 11.8% during the 1st quarter. QRG Capital Management Inc. now owns 2,899 shares of the technology company's stock worth $563,000 after purchasing an additional 305 shares in the last quarter. Informed Momentum Co LLC acquired a new stake in shares of OSI Systems during the 1st quarter worth about $4,752,000. TradeLink Capital LLC acquired a new stake in OSI Systems in the 1st quarter valued at about $445,000. Finally, Primecap Management Co. CA increased its position in OSI Systems by 12.3% in the 1st quarter. Primecap Management Co. CA now owns 334,330 shares of the technology company's stock valued at $64,974,000 after acquiring an additional 36,620 shares in the last quarter. Institutional investors and hedge funds own 89.21% of the company's stock.

OSI Systems Stock Down 1.9%

OSIS traded down $4.31 during trading on Tuesday, reaching $226.91. The company had a trading volume of 134,992 shares, compared to its average volume of 219,551. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.11 and a quick ratio of 1.38. OSI Systems, Inc. has a 12 month low of $129.84 and a 12 month high of $241.64. The business's fifty day moving average price is $223.52 and its 200 day moving average price is $211.28. The company has a market cap of $3.81 billion, a P/E ratio of 27.60, a PEG ratio of 1.98 and a beta of 1.31.

Analysts Set New Price Targets

Several brokerages have recently issued reports on OSIS. Oppenheimer raised their target price on shares of OSI Systems from $225.00 to $260.00 and gave the company an "outperform" rating in a research note on Monday, May 5th. Wall Street Zen raised shares of OSI Systems from a "sell" rating to a "hold" rating in a research note on Friday, May 16th. B. Riley reaffirmed a "buy" rating and issued a $255.00 target price (up previously from $221.00) on shares of OSI Systems in a research note on Friday, May 2nd. Finally, Roth Mkm raised their target price on shares of OSI Systems from $224.00 to $245.00 and gave the company a "buy" rating in a research note on Friday, May 2nd. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, OSI Systems currently has an average rating of "Moderate Buy" and a consensus price target of $228.33.

Insider Buying and Selling

In other news, Director Meyer/ Luskin sold 1,000 shares of the business's stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $237.15, for a total value of $237,150.00. Following the sale, the director owned 11,214 shares of the company's stock, valued at $2,659,400.10. The trade was a 8.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director William Francis Ballhaus, Jr. sold 750 shares of the business's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $228.88, for a total transaction of $171,660.00. Following the completion of the sale, the director directly owned 24,055 shares in the company, valued at approximately $5,505,708.40. This represents a 3.02% decrease in their position. The disclosure for this sale can be found here. Insiders own 5.20% of the company's stock.

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.