Bridge City Capital LLC Has $7.28 Million Stake in OSI Systems, Inc. (NASDAQ:OSIS)

Bridge City Capital LLC raised its stake in OSI Systems, Inc. (NASDAQ:OSIS) by 8.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 43,467 shares of the technology company’s stock after buying an additional 3,224 shares during the quarter. OSI Systems accounts for about 1.9% of Bridge City Capital LLC’s portfolio, making the stock its 11th largest position. Bridge City Capital LLC’s holdings in OSI Systems were worth $7,278,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Richardson Financial Services Inc. lifted its stake in OSI Systems by 65.6% in the fourth quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company’s stock valued at $26,000 after buying an additional 61 shares during the period. Truvestments Capital LLC lifted its stake in OSI Systems by 4.9% in the fourth quarter. Truvestments Capital LLC now owns 2,264 shares of the technology company’s stock valued at $379,000 after buying an additional 105 shares during the period. Orion Portfolio Solutions LLC lifted its stake in OSI Systems by 3.3% in the third quarter. Orion Portfolio Solutions LLC now owns 3,301 shares of the technology company’s stock valued at $501,000 after buying an additional 106 shares during the period. KBC Group NV raised its position 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 worth $117,000 after purchasing an additional 189 shares during the period. Finally, Smartleaf Asset Management LLC raised its position in shares of OSI Systems by 243.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 275 shares of the technology company’s stock worth $46,000 after purchasing an additional 195 shares during the period. Institutional investors and hedge funds own 89.21% of the company’s stock.

OSI Systems Stock Down 1.8 %

NASDAQ:OSIS opened at $193.78 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.25 and a current ratio of 1.88. The company has a market cap of $3.26 billion, a PE ratio of 24.94, a PEG ratio of 1.81 and a beta of 1.20. OSI Systems, Inc. has a 52-week low of $126.57 and a 52-week high of $220.00. The stock has a 50-day simple moving average of $192.85 and a 200 day simple moving average of $169.01.

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

Insider Buying and Selling at OSI Systems

In other news, Director Gerald M. Chizever sold 2,701 shares of OSI Systems stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $195.83, for a total transaction of $528,936.83. Following the completion of the transaction, the director now directly owns 5,000 shares in the company, valued at approximately $979,150. The trade was a 35.07 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Paul Keith Morben sold 155 shares of OSI Systems stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $199.36, for a total value of $30,900.80. Following the transaction, the insider now owns 10,077 shares of the company’s stock, valued at $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.

Analysts Set New Price Targets

OSIS has been the topic of a number of research analyst reports. Wells Fargo & Company raised their price target on OSI Systems from $172.00 to $202.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Oppenheimer raised their price target on OSI Systems from $205.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. StockNews.com raised OSI Systems from a “sell” rating to a “hold” rating in a research report on Wednesday. JPMorgan Chase & Co. initiated coverage on OSI Systems in a research report on Friday, February 21st. They set a “neutral” rating and a $225.00 price target on the stock. Finally, Roth Mkm raised their price target on OSI Systems from $178.00 to $224.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, OSI Systems has a consensus rating of “Moderate Buy” and an average 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.