Great West Life Assurance Co. Can increased its stake in OSI Systems, Inc. (NASDAQ:OSIS) by 0.8% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,859 shares of the technology company’s stock after buying an additional 193 shares during the period. Great West Life Assurance Co. Can owned 0.14% of OSI Systems worth $1,943,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Miles Capital Inc. boosted its stake in shares of OSI Systems by 1.7% in the first quarter. Miles Capital Inc. now owns 3,065 shares of the technology company’s stock valued at $224,000 after buying an additional 52 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in shares of OSI Systems by 3.1% in the first quarter. State of Alaska Department of Revenue now owns 2,010 shares of the technology company’s stock valued at $146,000 after buying an additional 60 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its stake in shares of OSI Systems by 1.5% in the first quarter. Municipal Employees Retirement System of Michigan now owns 4,140 shares of the technology company’s stock valued at $302,000 after buying an additional 60 shares in the last quarter. Eqis Capital Management Inc. boosted its stake in shares of OSI Systems by 2.3% in the first quarter. Eqis Capital Management Inc. now owns 2,963 shares of the technology company’s stock valued at $216,000 after buying an additional 68 shares in the last quarter. Finally, Louisiana State Employees Retirement System boosted its stake in shares of OSI Systems by 1.4% in the first quarter. Louisiana State Employees Retirement System now owns 7,400 shares of the technology company’s stock valued at $540,000 after buying an additional 100 shares in the last quarter.

OSI Systems, Inc. (OSIS) opened at 83.83 on Friday. The company has a market capitalization of $1.63 billion, a P/E ratio of 78.35 and a beta of 0.79. The firm has a 50-day moving average of $79.23 and a 200 day moving average of $76.22. OSI Systems, Inc. has a 52-week low of $62.22 and a 52-week high of $86.14.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings data 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 10.68%. The firm 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 posted $0.55 EPS. OSI Systems’s quarterly revenue was up 14.0% on a year-over-year basis. Equities analysts predict that OSI Systems, Inc. will post $3.39 earnings per share for the current fiscal year.

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Several equities research analysts recently issued reports on the stock. B. Riley restated a “buy” rating and issued a $87.00 target price on shares of OSI Systems in a report on Saturday, April 29th. BidaskClub upgraded shares of OSI Systems from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Jefferies Group LLC increased their price target on shares of OSI Systems from $85.00 to $93.00 and gave the stock a “buy” rating in a research report on Friday. Zacks Investment Research downgraded shares of OSI Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, June 14th. Finally, TheStreet upgraded shares of OSI Systems from a “c+” rating to a “b-” rating in a research report on Thursday, August 10th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $89.67.

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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