SEIC - SEI Investments Company

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
60.59
-0.04 (-0.07%)
At close: 4:00PM EDT
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Previous Close60.63
Open60.19
Bid60.56 x 900
Ask60.59 x 800
Day's Range59.90 - 60.70
52 Week Range42.27 - 63.84
Volume325,465
Avg. Volume468,187
Market Cap9.151B
Beta (3Y Monthly)1.24
PE Ratio (TTM)19.74
EPS (TTM)3.07
Earnings DateOct 21, 2019 - Oct 25, 2019
Forward Dividend & Yield0.66 (1.09%)
Ex-Dividend Date2019-06-11
1y Target Est63.60
Trade prices are not sourced from all markets
  • CNW Group

    SEI Canada Boosts Expertise with Two Appointments in Toronto

    TORONTO , Sept. 5, 2019 /PRNewswire/ -- SEI Investments Canada Company (SEI Canada) today announced the appointment of John Csaszar as Canadian Equity Portfolio Manager and Analyst in its Investment Management Unit, and Dexton Blackstock as Managing Director, Head of Canadian Business Development for SEI's Institutional Group.

  • 5 Reasons to Bet on SEI Investments (SEIC) Stock Right Now
    Zacks

    5 Reasons to Bet on SEI Investments (SEIC) Stock Right Now

    Driven by strong fundamentals and good growth prospects, SEI Investments (SEIC) seems to be a solid investment option right now.

  • Stifel Financial Inks Deal to Acquire B&F Capital Markets
    Zacks

    Stifel Financial Inks Deal to Acquire B&F Capital Markets

    In a bid to diversify in interest rate risk management business for banks' commercial borrowers, Stifel Financial (SF) seals deal to buy B&F Capital Markets.

  • SEI (SEIC) Down 4.8% Since Last Earnings Report: Can It Rebound?
    Zacks

    SEI (SEIC) Down 4.8% Since Last Earnings Report: Can It Rebound?

    SEI (SEIC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Factor Quant Warns Everyone's Favorite Safety Trade Is Dangerous
    Bloomberg

    Factor Quant Warns Everyone's Favorite Safety Trade Is Dangerous

    (Bloomberg) -- As recession fears swirl, investors are chasing like never before defensive strategies that won big in the crisis. A quant at a $335 billion firm says it may be a recipe for disaster.A slew of safe stocks could prove anything but this time round -- they’re already crowded and expensive, warns Eugene Barbaneagra. That’s why the manager at SEI Investments Co. is snubbing a popular strategy tracked by systematic funds -- quality equities -- which now have diminished capacity to outperform.On the flipside, he’s placing a contrarian wager that shunned value stocks may have found a floor.“If the crisis were to repeat, there is a difference,” said Barbaneagra, who oversees equities and portfolios with third-party mandates. “The premium for quality is unlikely to go higher up because it’s just not worth it.”Recession fears have helped ramp up the performance of defensive styles like quality to near records versus the overall market, MSCI indexes show. The same goes for price-momentum strategies given their protective tilt right now. Relative premiums for value shares that are more sensitive to the growth cycle have plunged to near 15-year lows.All that has widened the schism between winners and losers this month to a level unseen in a decade, Evercore ISI said on Monday after calculating the dispersion of returns across factors.It suggests that a slew of investing styles dubbed ports in a storm will struggle to live up to their label if a recession takes hold, though Barbaneagra is not expecting another global crisis.U.S.-listed exchange-traded funds tracking quality firms from low leverage to steady profits have attracted $3.7 billion this year -- on track to be the biggest on record for the strategy.In one of the hottest debates in quantland, the SEI Investments manager departs from the likes of AQR Capital Management, which is skeptical about timing factors based on relative valuations.“Performance-chasing leads that fund manager to buy more and more of the same stocks for the same characteristics -- ultimately that makes the underlying factor very expensive,” according to the London-based investor. That’s also the case with price momentum right now, which buys the past year’s winners like defensive stocks and dumps losers like value, he said. Defensive styles still have capacity to outperform over the long haul, he added.The Pennsylvania-based firm has a mix of quantitative and discretionary allocation styles.The SEI veteran reckons cheap shares could hold their own even if the growth outlook darkens, a departure from the conventional wisdom that the group’s fortunes will only be revived if animal spirits return.“Cheap stocks are cheap because they carry some sort of a risk but they’re much, much cheaper than expensive stocks -- that would imply that that risk is well-priced,” he said.While a clutch of protective trades are looking dangerous, Barbaneagra still likes minimum-volatility but frets over-crowding in ETFs. Rising valuations of the cohort -- which includes bond proxies -- make sense given the plunge in interest rates, he said.U.S.-listed exchange-traded funds tracking steady stocks have amassed more than $16 billion this year.All told, Barbaneagra is not alone in fretting extremes in factor performance. Just this week, Evercore ISI strategists led by Dennis DeBusschere noted that the spread between price momentum and value has widened to the highest level this year.“The sharp increase suggests some reversion for risk-off factors if trade tensions continue to ease and macro data continues to beat expectations,” they wrote in a note.To contact the reporter on this story: Justina Lee in London at jlee1489@bloomberg.netTo contact the editors responsible for this story: Blaise Robinson at brobinson58@bloomberg.net, Sid Verma, Yakob PeterseilFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Is SEI Investments a Good Long-Term Buy?
    Motley Fool

    Is SEI Investments a Good Long-Term Buy?

    The financial software provider's stock isn't expensive, but is SEI a smart investment?

  • Ameriprise Benefits From Restructuring Efforts Amid Outflows
    Zacks

    Ameriprise Benefits From Restructuring Efforts Amid Outflows

    Focus on core operations, a strong balance sheet and efforts to improve revenues are likely to aid Ameriprise (AMP). Yet, significant asset outflows and mounting expenses remain on the downside.

  • Stifel to Acquire Certain Assets of George K. Baum & Company
    Zacks

    Stifel to Acquire Certain Assets of George K. Baum & Company

    Stifel (SF) intends to acquire assets of George K. Baum & Company in order to fulfil its strategic vision of becoming a premier wealth management and investment banking firm.

  • PR Newswire

    CIBC Selects SEI Wealth Platform to Power Growth Strategy

    SEI's Unified Wealth Management Solution Supports CIBC's Transformative Business Goals OAKS, Pa. , Aug. 12, 2019 /PRNewswire/ -- SEI (NASDAQ: SEIC) today announced CIBC U.S. Private Wealth Management has ...

  • 4 GARP Stocks for a Winning Portfolio
    Zacks

    4 GARP Stocks for a Winning Portfolio

    Growth at a reasonable price or GARP strategy helps investors gain exposure to stocks that have impressive prospects and are trading at a discount.

  • CNW Group

    SEI Canada Removes Hillsdale Investment Management Inc.'s Value Momentum Strategy from its Canadian Equity Fund

    SEI Canada Removes Hillsdale Investment Management Inc.'s Value Momentum Strategy from its Canadian Equity Fund

  • GuruFocus.com

    Market Volatility: A Time for Testing

    In these days of wild market fluctuations, revisiting your portfolio through the dual lenses of circles of competence and comfort can be quite helpful Continue reading...

  • SEI agrees to pay $6.8M to settle class action case involving 401(k) plan
    American City Business Journals

    SEI agrees to pay $6.8M to settle class action case involving 401(k) plan

    The company was accused by current and former employees of packing its retirement plan with company-affiliated funds that performed poorly for investors.

  • Thomson Reuters StreetEvents

    Edited Transcript of SEIC earnings conference call or presentation 24-Jul-19 8:30pm GMT

    Q2 2019 SEI Investments Co Earnings Call

  • TCF Financial (TCF) Q2 Earnings Beat Estimates, Stock Up 1.2%
    Zacks

    TCF Financial (TCF) Q2 Earnings Beat Estimates, Stock Up 1.2%

    Growth in deposits and lower expenses support TCF Financial's (TCF) second-quarter 2019 earnings. However, lower revenues and margins are undermining factors.

  • SEI Investments (SEIC) Beats on Q2 Earnings as Costs Decline
    Zacks

    SEI Investments (SEIC) Beats on Q2 Earnings as Costs Decline

    SEI Investments (SEIC) witnesses higher revenues and growth in assets under management in the second quarter of 2019.

  • SEI Investments Company (SEIC) Q2 2019 Earnings Call Transcript
    Motley Fool

    SEI Investments Company (SEIC) Q2 2019 Earnings Call Transcript

    SEIC earnings call for the period ending June 30, 2019.

  • SEI Investments (SEIC) Beats Q2 Earnings Estimates
    Zacks

    SEI Investments (SEIC) Beats Q2 Earnings Estimates

    SEI (SEIC) delivered earnings and revenue surprises of 3.80% and -0.71%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • PR Newswire

    SEI Reports Second-Quarter 2019 Financial Results

    OAKS, Pa. , July 24, 2019 /PRNewswire/ -- SEI Investments Company (NASDAQ: SEIC) today announced financial results for the second-quarter 2019. Diluted earnings per share were $0.82 in second-quarter 2019 ...

  • PR Newswire

    SEI Study Uncovers the Impact of Advisor Biases on Client Outcomes

    Findings Underscore Need for True Goals-Based Wealth Management Approach OAKS, Pa. , July 18, 2019 /PRNewswire/ -- New research collected from surveys conducted by SEI (NASDAQ: SEIC) reveals that advisors ...

  • PR Newswire

    SEI to Announce Second-Quarter 2019 Earnings on Wednesday, July 24, 2019

    Public Invited to Monitor Conference Call at 4:30 p.m. Eastern Standard Time OAKS, Pa. , July 17, 2019 /PRNewswire/ -- SEI Investments Company (NASDAQ: SEIC) intends to release earnings for the second-quarter ...

  • SEI Investments (SEIC) Earnings Expected to Grow: Should You Buy?
    Zacks

    SEI Investments (SEIC) Earnings Expected to Grow: Should You Buy?

    SEI (SEIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • CNW Group

    SEI Canada Decreases Risk Rating on Several Funds

    SEI Canada Decreases Risk Rating on Several Funds