TIAA CREF Investment Management LLC Boosts Holdings in OSI Systems, Inc. (OSIS)

TIAA CREF Investment Management LLC raised its position in OSI Systems, Inc. (NASDAQ:OSIS) by 15.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,745 shares of the technology company’s stock after purchasing an additional 7,153 shares during the quarter. TIAA CREF Investment Management LLC owned 0.29% of OSI Systems worth $4,114,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of OSIS. Ameritas Investment Partners Inc. bought a new position in OSI Systems in the first quarter valued at about $110,000. Riverhead Capital Management LLC raised its position in OSI Systems by 95.8% in the second quarter. Riverhead Capital Management LLC now owns 1,566 shares of the technology company’s stock valued at $118,000 after purchasing an additional 766 shares during the last quarter. Victory Capital Management Inc. raised its position in OSI Systems by 138.6% in the first quarter. Victory Capital Management Inc. now owns 1,868 shares of the technology company’s stock valued at $136,000 after purchasing an additional 1,085 shares during the last quarter. Emerald Advisers Inc. PA bought a new position in OSI Systems in the second quarter valued at about $207,000. Finally, FNY Managed Accounts LLC bought a new position in OSI Systems in the second quarter valued at about $247,000. Hedge funds and other institutional investors own 99.60% of the company’s stock.

Several equities analysts have commented on the company. BidaskClub upgraded OSI Systems from a “hold” rating to a “buy” rating in a research report on Thursday, August 10th. B. Riley set a $92.00 target price on OSI Systems and gave the company a “buy” rating in a research report on Sunday, August 27th. Jefferies Group LLC reiterated a “buy” rating and issued a $85.00 target price on shares of OSI Systems in a research report on Wednesday, August 9th. Zacks Investment Research downgraded OSI Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, September 27th. Finally, TheStreet upgraded OSI Systems from a “c+” rating to a “b-” rating in a research report on Thursday, August 10th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. OSI Systems currently has a consensus rating of “Buy” and a consensus price target of $95.00.

Shares of OSI Systems, Inc. (NASDAQ:OSIS) opened at 93.83 on Friday. The firm has a market cap of $1.76 billion, a PE ratio of 87.69 and a beta of 0.76. The stock has a 50 day moving average price of $89.30 and a 200 day moving average price of $80.25. OSI Systems, Inc. has a 52 week low of $66.00 and a 52 week high of $96.64.

OSI Systems (NASDAQ:OSIS) last released its 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 return on equity of 10.57% and a net margin of 2.19%. The company had revenue of $252.40 million during the quarter, compared to analyst estimates of $253.58 million. During the same quarter in the previous year, the company posted $0.55 EPS. OSI Systems’s revenue for the quarter was up 14.0% on a year-over-year basis. Equities analysts expect that OSI Systems, Inc. will post $3.46 earnings per share for the current year.

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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.

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

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