Boston Partners Decreases Holdings in OSI Systems, Inc. (NASDAQ:OSIS)

Boston Partners lessened its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 3.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 194,609 shares of the technology company's stock after selling 6,181 shares during the quarter. Boston Partners owned about 1.14% of OSI Systems worth $25,204,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Parkside Financial Bank & Trust boosted its stake in OSI Systems by 27.1% during the third quarter. Parkside Financial Bank & Trust now owns 422 shares of the technology company's stock valued at $50,000 after buying an additional 90 shares during the period. International Assets Investment Management LLC grew its holdings in shares of OSI Systems by 3,585.7% during the fourth quarter. International Assets Investment Management LLC now owns 516 shares of the technology company's stock worth $67,000 after purchasing an additional 502 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of OSI Systems in the third quarter worth approximately $118,000. Lido Advisors LLC purchased a new stake in OSI Systems in the third quarter valued at approximately $216,000. Finally, MQS Management LLC bought a new stake in OSI Systems during the third quarter valued at approximately $234,000. 89.21% of the stock is currently owned by institutional investors.

Insider Activity

In other OSI Systems news, General Counsel Victor S. Sze sold 15,000 shares of the firm's stock in a transaction on Monday, March 11th. The shares were sold at an average price of $130.21, for a total value of $1,953,150.00. Following the sale, the general counsel now owns 63,116 shares of the company's stock, valued at approximately $8,218,334.36. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, Director Meyer/ Luskin sold 6,755 shares of the company's stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $134.36, for a total transaction of $907,601.80. Following the completion of the transaction, the director now owns 20,883 shares in the company, valued at $2,805,839.88. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, General Counsel Victor S. Sze sold 15,000 shares of OSI Systems stock in a transaction on Monday, March 11th. The shares were sold at an average price of $130.21, for a total transaction of $1,953,150.00. Following the completion of the sale, the general counsel now owns 63,116 shares in the company, valued at approximately $8,218,334.36. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 22,740 shares of company stock valued at $2,992,425. 5.60% of the stock is currently owned by company insiders.

OSI Systems Trading Up 1.1 %

Shares of OSIS stock traded up $1.58 on Wednesday, hitting $139.95. 113,483 shares of the company's stock traded hands, compared to its average volume of 96,645. The stock has a market capitalization of $2.39 billion, a price-to-earnings ratio of 19.25, a P/E/G ratio of 1.53 and a beta of 0.99. The company's fifty day simple moving average is $136.31 and its 200 day simple moving average is $129.11. OSI Systems, Inc. has a one year low of $103.04 and a one year high of $144.11. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.89 and a current ratio of 1.47.

OSI Systems (NASDAQ:OSIS - Get Free Report) last announced its quarterly earnings data on Thursday, April 25th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.11 by $0.05. The firm had revenue of $405.41 million for the quarter, compared to analysts' expectations of $401.99 million. OSI Systems had a return on equity of 18.10% and a net margin of 8.56%. The company's revenue for the quarter was up 33.8% compared to the same quarter last year. During the same period last year, the firm earned $1.49 earnings per share. Equities analysts forecast that OSI Systems, Inc. will post 8.09 EPS for the current year.

Analysts Set New Price Targets

OSIS has been the topic of a number of research analyst reports. Roth Mkm raised their price objective on shares of OSI Systems from $169.00 to $172.00 and gave the company a "buy" rating in a research report on Friday, April 26th. Oppenheimer raised their price target on OSI Systems from $157.00 to $160.00 and gave the company an "outperform" rating in a research report on Monday, April 29th. Finally, StockNews.com cut OSI Systems from a "buy" rating to a "hold" rating in a report on Saturday, April 27th.

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.