Rite Aid (RAD) Forms $1.63 Double Bottom; Earnest Partners Has Upped Osi Systems (OSIS) Stake

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Earnest Partners Llc increased Osi Systems Inc (OSIS) stake by 17.97% reported in 2017Q4 SEC filing. Earnest Partners Llc acquired 173,737 shares as Osi Systems Inc (OSIS)’s stock declined 3.35%. The Earnest Partners Llc holds 1.14M shares with $73.44M value, up from 966,967 last quarter. Osi Systems Inc now has $1.24 billion valuation. The stock increased 0.91% or $0.62 during the last trading session, reaching $68.66. About 149,138 shares traded. OSI Systems, Inc. (NASDAQ:OSIS) has declined 12.11% since May 10, 2017 and is downtrending. It has underperformed by 23.66% the S&P500.

Rite Aid Corporation (RAD) formed double bottom with $1.58 target or 3.00% below today’s $1.63 share price. Rite Aid Corporation (RAD) has $1.72B valuation. It closed at $1.63 lastly. It is down 67.83% since May 10, 2017 and is downtrending. It has underperformed by 79.38% the S&P500.

Among 14 analysts covering Rite Aid (NYSE:RAD), 2 have Buy rating, 2 Sell and 10 Hold. Therefore 14% are positive. Rite Aid has $11 highest and $1.5 lowest target. $4.10’s average target is 151.53% above currents $1.63 stock price. Rite Aid had 26 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Friday, September 29 by Loop Capital. RBC Capital Markets maintained Rite Aid Corporation (NYSE:RAD) on Wednesday, October 25 with “Hold” rating. As per Thursday, October 29, the company rating was downgraded by Credit Suisse. As per Friday, June 30, the company rating was reinitiated by Bank of America. The firm has “Neutral” rating by Mizuho given on Thursday, July 20. Guggenheim downgraded Rite Aid Corporation (NYSE:RAD) on Wednesday, April 26 to “Neutral” rating. The rating was initiated by Loop Capital Markets with “Hold” on Monday, September 11. The rating was upgraded by Vetr on Friday, August 14 to “Buy”. Mizuho maintained Rite Aid Corporation (NYSE:RAD) rating on Friday, October 6. Mizuho has “Neutral” rating and $2.25 target. Vetr downgraded Rite Aid Corporation (NYSE:RAD) on Thursday, August 6 to “Buy” rating.

Investors sentiment decreased to 0.87 in 2017 Q4. Its down 0.10, from 0.97 in 2017Q3. It turned negative, as 41 investors sold Rite Aid Corporation shares while 86 reduced holdings. 45 funds opened positions while 66 raised stakes. 490.70 million shares or 4.42% less from 513.41 million shares in 2017Q3 were reported. 181,187 are owned by Jefferies Limited Com. State Of Alaska Department Of Revenue holds 0% or 99,400 shares. Los Angeles Mgmt Equity Research Inc owns 27,490 shares or 0% of their US portfolio. Raymond James Assocs holds 803,270 shares or 0% of its portfolio. Moreover, Blackrock has 0% invested in Rite Aid Corporation (NYSE:RAD). Geode Mngmt Limited Liability Company owns 8.60 million shares. Hrt Financial Ltd Liability Co holds 12,475 shares. West Chester Cap Advisors holds 0.06% or 31,000 shares. Teacher Retirement Sys Of Texas reported 379,666 shares. Apg Asset Nv holds 14.98 million shares. Destination Wealth Mgmt accumulated 65,000 shares. Millennium has invested 0% in Rite Aid Corporation (NYSE:RAD). 331,406 are owned by Voya Investment Mgmt Ltd Liability. M&T Bank Corp owns 179,030 shares for 0% of their portfolio. Boston Family Office Limited Liability Corp holds 0.01% or 45,000 shares.

More news for OSI Systems, Inc. (NASDAQ:OSIS) were recently published by: Seekingalpha.com, which released: “OSI Systems’ (OSIS) CEO Deepak Chopra on Q3 2018 Results – Earnings Call Transcript” on April 27, 2018. Businesswire.com‘s article titled: “OSI Systems Reports Third Quarter Fiscal 2018 Financial Results” and published on April 26, 2018 is yet another important article.

Among 10 analysts covering OSI Systems (NASDAQ:OSIS), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. OSI Systems had 30 analyst reports since August 25, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Monday, January 8 report. The stock has “Buy” rating by Roth Capital on Thursday, December 7. Jefferies maintained the stock with “Buy” rating in Friday, July 7 report. The firm earned “Buy” rating on Tuesday, September 26 by Jefferies. The firm earned “Hold” rating on Friday, February 2 by Jefferies. Benchmark downgraded OSI Systems, Inc. (NASDAQ:OSIS) on Thursday, April 28 to “Hold” rating. The stock has “Buy” rating by BB&T Capital on Monday, May 9. Roth Capital maintained OSI Systems, Inc. (NASDAQ:OSIS) on Thursday, February 1 with “Buy” rating. Jefferies maintained the shares of OSIS in report on Wednesday, August 9 with “Buy” rating. The rating was maintained by Roth Capital on Friday, October 30 with “Buy”.

Rite Aid Corporation (NYSE:RAD) Institutional Positions Chart