Neumeier Poma Investment Counsel LLC lifted its position in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 11.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 414,815 shares of the technology company’s stock after purchasing an additional 42,470 shares during the period. OSI Systems accounts for 3.6% of Neumeier Poma Investment Counsel LLC’s portfolio, making the stock its 9th largest holding. Neumeier Poma Investment Counsel LLC owned 2.22% of OSI Systems worth $31,173,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in OSIS. BlackRock Inc. increased its stake in shares of OSI Systems by 51,732.1% during the 1st quarter. BlackRock Inc. now owns 2,248,475 shares of the technology company’s stock worth $164,115,000 after purchasing an additional 2,244,137 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of OSI Systems by 57.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 557,023 shares of the technology company’s stock worth $40,657,000 after purchasing an additional 203,144 shares during the last quarter. Redwood Investments LLC acquired a new position in shares of OSI Systems during the 1st quarter worth about $9,342,000. Vanguard Group Inc. increased its stake in shares of OSI Systems by 5.0% during the 1st quarter. Vanguard Group Inc. now owns 1,606,669 shares of the technology company’s stock worth $117,271,000 after purchasing an additional 76,598 shares during the last quarter. Finally, Neuberger Berman Group LLC increased its stake in shares of OSI Systems by 13.3% during the 1st quarter. Neuberger Berman Group LLC now owns 362,397 shares of the technology company’s stock worth $26,451,000 after purchasing an additional 42,468 shares during the last quarter.

Shares of OSI Systems, Inc. (OSIS) traded up 1.54% during mid-day trading on Friday, hitting $84.27. 168,467 shares of the company traded hands. OSI Systems, Inc. has a one year low of $63.43 and a one year high of $86.14. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 78.76 and a beta of 0.75. The firm has a 50-day moving average of $81.20 and a 200-day moving average of $76.85.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings results on Thursday, August 24th. The technology company reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.09. OSI Systems had a net margin of 2.19% and a return on equity of 10.57%. The company had revenue of $252.40 million for the quarter, compared to analyst estimates of $253.58 million. During the same period last year, the firm earned $0.55 earnings per share. The firm’s revenue was up 14.0% on a year-over-year basis. On average, equities analysts predict that OSI Systems, Inc. will post $3.46 earnings per share for the current year.

Several research analysts have recently weighed in on OSIS shares. Zacks Investment Research lowered shares of OSI Systems from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. BidaskClub lowered shares of OSI Systems from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. Jefferies Group LLC restated a “buy” rating on shares of OSI Systems in a research note on Thursday, June 1st. Roth Capital restated a “buy” rating and set a $97.00 price objective on shares of OSI Systems in a research note on Tuesday, August 29th. Finally, Sidoti started coverage on shares of OSI Systems in a research note on Wednesday, May 24th. They set a “buy” rating and a $99.00 price objective on the stock. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. OSI Systems has a consensus rating of “Buy” and a consensus price target of $91.14.

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About OSI Systems

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.

Institutional Ownership by Quarter for OSI Systems (NASDAQ:OSIS)

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