OSI Systems, Inc. (OSIS) Holdings Lifted by Balter Liquid Alternatives LLC
Balter Liquid Alternatives LLC raised its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 30.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,359 shares of the technology company’s stock after acquiring an additional 10,469 shares during the quarter. OSI Systems makes up 2.8% of Balter Liquid Alternatives LLC’s portfolio, making the stock its 5th biggest position. Balter Liquid Alternatives LLC’s holdings in OSI Systems were worth $2,856,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently bought and sold shares of OSIS. Advisor Group Inc. lifted its position in shares of OSI Systems by 6.9% in the 2nd quarter. Advisor Group Inc. now owns 1,602 shares of the technology company’s stock worth $121,000 after buying an additional 104 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in shares of OSI Systems in the 3rd quarter worth about $165,000. Nine Chapters Capital Management LLC bought a new position in shares of OSI Systems in the 3rd quarter worth about $201,000. Magnetar Financial LLC bought a new position in shares of OSI Systems in the 3rd quarter worth about $204,000. Finally, Icon Advisers Inc. Co. bought a new position in shares of OSI Systems in the 3rd quarter worth about $210,000.
A number of research firms have recently issued reports on OSIS. B. Riley restated a “buy” rating and issued a $108.00 price target on shares of OSI Systems in a research report on Tuesday, October 24th. Zacks Investment Research downgraded shares of OSI Systems from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th. BidaskClub downgraded shares of OSI Systems from a “sell” rating to a “strong sell” rating in a research report on Saturday, January 20th. TheStreet downgraded shares of OSI Systems from a “b-” rating to a “c+” rating in a research report on Monday, January 22nd. Finally, Jefferies Group downgraded shares of OSI Systems from a “buy” rating to a “hold” rating and reduced their price target for the stock from $79.00 to $70.00 in a research report on Friday, February 2nd. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $85.80.
Shares of OSI Systems, Inc. (NASDAQ OSIS) opened at $58.91 on Friday. The firm has a market cap of $1,140.00, a PE ratio of -51.23, a P/E/G ratio of 1.22 and a beta of 0.88. OSI Systems, Inc. has a 52-week low of $50.50 and a 52-week high of $96.64. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.55 and a quick ratio of 0.96.
OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings data on Thursday, February 1st. The technology company reported $0.97 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.89 by $0.08. The firm had revenue of $277.53 million for the quarter, compared to the consensus estimate of $263.77 million. OSI Systems had a negative net margin of 2.06% and a positive return on equity of 12.78%. OSI Systems’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same period last year, the firm posted $0.68 EPS. equities analysts predict that OSI Systems, Inc. will post 3.5 earnings per share for the current year.
OSI Systems Company Profile
OSI Systems, Inc, through its subsidiaries, is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. The Company sells its products and provides related services in diversified markets, including homeland security, healthcare, defense and aerospace.
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