Boston Partners Acquires 61,304 Shares of OSI Systems, Inc. (NASDAQ:OSIS)

Boston Partners raised its position in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 34.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 237,882 shares of the technology company's stock after acquiring an additional 61,304 shares during the quarter. Boston Partners owned 1.42% of OSI Systems worth $39,911,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Richardson Financial Services Inc. boosted its holdings in OSI Systems by 65.6% in the fourth quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company's stock worth $26,000 after purchasing an additional 61 shares during the period. Smartleaf Asset Management LLC increased its position in OSI Systems by 243.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 275 shares of the technology company's stock valued at $46,000 after acquiring an additional 195 shares during the period. KBC Group NV raised its stake in shares of OSI Systems by 37.1% during the fourth quarter. KBC Group NV now owns 699 shares of the technology company's stock valued at $117,000 after purchasing an additional 189 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in OSI Systems by 36.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 768 shares of the technology company's stock worth $129,000 after purchasing an additional 207 shares during the period. Finally, Global Retirement Partners LLC grew its position in OSI Systems by 80.1% in the 4th quarter. Global Retirement Partners LLC now owns 861 shares of the technology company's stock valued at $144,000 after buying an additional 383 shares in the last quarter. Hedge funds and other institutional investors own 89.21% of the company's stock.

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OSI Systems Trading Up 4.9 %

Shares of NASDAQ OSIS traded up $9.54 during mid-day trading on Monday, hitting $203.32. 197,942 shares of the company traded hands, compared to its average volume of 170,714. The company has a quick ratio of 1.25, a current ratio of 1.88 and a debt-to-equity ratio of 0.56. OSI Systems, Inc. has a 1 year low of $126.57 and a 1 year high of $220.00. The stock has a market capitalization of $3.42 billion, a price-to-earnings ratio of 26.17, a PEG ratio of 1.81 and a beta of 1.20. The business has a 50 day moving average of $192.85 and a two-hundred day moving average of $169.20.

OSI Systems (NASDAQ:OSIS - Get Free Report) last posted its quarterly earnings data on Thursday, January 23rd. The technology company reported $2.42 EPS for the quarter, beating analysts' consensus estimates of $2.34 by $0.08. OSI Systems had a net margin of 8.15% and a return on equity of 18.22%. On average, sell-side analysts anticipate that OSI Systems, Inc. will post 9.22 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Gerald M. Chizever sold 2,701 shares of the firm's stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $195.83, for a total transaction of $528,936.83. Following the completion of the sale, the director now directly owns 5,000 shares in the company, valued at approximately $979,150. This trade represents a 35.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Paul Keith Morben sold 155 shares of the business's stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $199.36, for a total transaction of $30,900.80. Following the transaction, the insider now owns 10,077 shares in the company, valued at approximately $2,008,950.72. This represents a 1.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 5.20% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on OSIS shares. StockNews.com raised OSI Systems from a "sell" rating to a "hold" rating in a report on Wednesday, March 19th. Roth Mkm upped their price objective on OSI Systems from $178.00 to $224.00 and gave the company a "buy" rating in a report on Friday, January 24th. JPMorgan Chase & Co. began coverage on OSI Systems in a research note on Friday, February 21st. They set a "neutral" rating and a $225.00 target price for the company. B. Riley boosted their price target on shares of OSI Systems from $180.00 to $221.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. Finally, Wells Fargo & Company upped their price target on shares of OSI Systems from $172.00 to $202.00 and gave the company an "overweight" rating in a report on Wednesday, December 11th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $212.00.

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.