SEI Investments (NASDAQ:SEIC) insider Stephen Meyer sold 20,424 shares of the firm’s stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $77.44, for a total value of $1,581,634.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
SEI Investments (NASDAQ SEIC) traded down $0.74 during midday trading on Tuesday, hitting $76.59. The stock had a trading volume of 592,720 shares, compared to its average volume of 690,861. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.14 and a quick ratio of 4.07. SEI Investments has a 1 year low of $49.26 and a 1 year high of $78.00. The company has a market capitalization of $12,105.71, a P/E ratio of 30.64, a P/E/G ratio of 1.98 and a beta of 1.28.
SEI Investments (NASDAQ:SEIC) last posted its quarterly earnings data on Wednesday, January 31st. The asset manager reported $0.75 EPS for the quarter, topping the consensus estimate of $0.60 by $0.15. SEI Investments had a return on equity of 26.74% and a net margin of 26.49%. The firm had revenue of $408.22 million for the quarter, compared to the consensus estimate of $397.96 million. During the same quarter last year, the company earned $0.55 earnings per share. The business’s revenue for the quarter was up 10.7% compared to the same quarter last year. analysts forecast that SEI Investments will post 3.24 EPS for the current fiscal year.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. raised its stake in shares of SEI Investments by 1.9% in the fourth quarter. BlackRock Inc. now owns 13,949,844 shares of the asset manager’s stock worth $1,002,436,000 after buying an additional 254,860 shares during the period. Geode Capital Management LLC raised its stake in SEI Investments by 2.7% during the 4th quarter. Geode Capital Management LLC now owns 1,352,174 shares of the asset manager’s stock valued at $97,117,000 after purchasing an additional 35,184 shares during the period. American Capital Management Inc. raised its stake in SEI Investments by 0.8% during the 4th quarter. American Capital Management Inc. now owns 856,885 shares of the asset manager’s stock valued at $61,576,000 after purchasing an additional 7,105 shares during the period. Legal & General Group Plc raised its stake in SEI Investments by 5.5% during the 3rd quarter. Legal & General Group Plc now owns 667,524 shares of the asset manager’s stock valued at $40,759,000 after purchasing an additional 35,067 shares during the period. Finally, Hahn Capital Management LLC raised its stake in SEI Investments by 1.0% during the 3rd quarter. Hahn Capital Management LLC now owns 614,442 shares of the asset manager’s stock valued at $37,518,000 after purchasing an additional 5,815 shares during the period. 70.51% of the stock is currently owned by hedge funds and other institutional investors.
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SEI Investments Company Profile
SEI Investments Company provides investment processing, investment management and investment operations solutions. The Company provides its solutions to financial institutions, financial advisors, institutional investors, investment managers and ultra-high-net-worth families in the United States, Canada, the United Kingdom, continental Europe and various other locations around the world.
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