Janus Henderson Group PLC Has $183.59 Million Position in OSI Systems, Inc. (NASDAQ:OSIS)

Janus Henderson Group PLC raised its position in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 2.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,209,168 shares of the technology company's stock after purchasing an additional 29,858 shares during the quarter. Janus Henderson Group PLC owned 7.24% of OSI Systems worth $183,589,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Hotchkis & Wiley Capital Management LLC grew its position in OSI Systems by 1.1% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 45,690 shares of the technology company's stock worth $6,937,000 after acquiring an additional 500 shares during the period. HighTower Advisors LLC acquired a new stake in shares of OSI Systems in the third quarter valued at $443,000. Benjamin Edwards Inc. raised its stake in shares of OSI Systems by 28.9% in the third quarter. Benjamin Edwards Inc. now owns 2,791 shares of the technology company's stock valued at $424,000 after acquiring an additional 626 shares in the last quarter. Edgestream Partners L.P. acquired a new stake in OSI Systems in the third quarter valued at $5,061,000. Finally, Glenmede Trust Co. NA raised its stake in OSI Systems by 4.6% in the third quarter. Glenmede Trust Co. NA now owns 7,999 shares of the technology company's stock valued at $1,214,000 after buying an additional 354 shares in the last quarter. Hedge funds and other institutional investors own 89.21% of the company's stock.

Insiders Place Their Bets

In other OSI Systems news, CEO Deepak Chopra sold 20,000 shares of the firm's stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $144.92, for a total value of $2,898,400.00. Following the sale, the chief executive officer now owns 459,033 shares in the company, valued at approximately $66,523,062.36. This trade represents a 4.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gerald M. Chizever sold 2,000 shares of the firm's stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $148.16, for a total transaction of $296,320.00. Following the transaction, the director now owns 7,701 shares in the company, valued at $1,140,980.16. This represents a 20.62 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 41,107 shares of company stock worth $6,071,809 in the last quarter. 5.20% of the stock is owned by corporate insiders.

OSI Systems Trading Up 0.3 %

OSIS stock traded up $0.47 during midday trading on Wednesday, hitting $180.56. The stock had a trading volume of 269,128 shares, compared to its average volume of 132,466. The firm has a market cap of $3.02 billion, a PE ratio of 23.57, a price-to-earnings-growth ratio of 1.55 and a beta of 1.18. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.84 and a quick ratio of 1.20. OSI Systems, Inc. has a 12-month low of $120.42 and a 12-month high of $183.22. The company's 50-day moving average price is $150.97 and its 200 day moving average price is $145.15.

OSI Systems (NASDAQ:OSIS - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The technology company reported $1.25 earnings per share for the quarter, topping analysts' consensus estimates of $1.06 by $0.19. OSI Systems had a net margin of 8.31% and a return on equity of 18.17%. The firm had revenue of $344.01 million during the quarter, compared to analysts' expectations of $318.66 million. During the same period in the prior year, the company earned $0.91 EPS. The firm's revenue was up 23.2% on a year-over-year basis. On average, equities research analysts predict that OSI Systems, Inc. will post 9.12 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Roth Mkm raised their price objective on OSI Systems from $172.00 to $178.00 and gave the stock a "buy" rating in a report on Friday, August 23rd. StockNews.com upgraded shares of OSI Systems from a "sell" rating to a "hold" rating in a research report on Saturday. Wells Fargo & Company lifted their price target on shares of OSI Systems from $170.00 to $172.00 and gave the company an "overweight" rating in a research report on Tuesday, October 29th. Bank of America assumed coverage on OSI Systems in a research report on Monday, September 30th. They set a "buy" rating and a $175.00 price objective for the company. Finally, B. Riley lifted their price objective on OSI Systems from $165.00 to $180.00 and gave the stock a "buy" rating in a research report on Friday, August 23rd. One equities research analyst has rated the stock with a hold rating and five have assigned a buy 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 $173.00.

About OSI Systems

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.