SEI Investments Company (SEIC) : 5 analysts are covering SEI Investments Company (SEIC) and their average rating on the stock is 1.6, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. SEI Investments Company (SEIC) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
SEI Investments Company (SEIC) stock is expected to deviate a maximum of $3.5 from the average target price of $51.25 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $55 and the most muted being $47.
For the current week, the company shares have a recommendation consensus of Buy. SEI Investments Company (NASDAQ:SEIC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $46.19 and $45.86 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $46.56. The buying momentum continued till the end and the stock did not give up its gains. It closed at $46.39, notching a gain of 0.98% for the day. The total traded volume was 406,910 . The stock had closed at $45.94 on the previous day.
In a related news, The director, of Sei Investments Co, Blumenstein Sarah had unloaded 16,500 shares at $49.89 per share in a transaction on June 10, 2016. The total value of transaction was $823,185. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
SEI Investments Company is a provider of investment processing, investment management and investment operations solutions. The Company enables corporations, financial institutions, financial advisors and ultra-high-net-worth families create and manage wealth by providing investment and investment-business solutions. The Company operates in five segments: Private Banks, Investment Advisors, Institutional Investors, Investment Managers and Investments in New Businesses. The Companys investment management business solutions include investment processing outsourcing solutions for providers of institutional and private-client wealth management services, including banks, trust companies, independent wealth advisers and other financial services firms; investment management solutions for institutional investors, and individual investors and investment operations outsourcing solutions for investment management firms, banks and investment companies.