Junto Capital Management Lp Lowers stake in SEI Investments Company (SEIC)

SEI Investments Company (SEIC) : Junto Capital Management Lp reduced its stake in SEI Investments Company by 17.68% during the most recent quarter end. The investment management company now holds a total of 760,994 shares of SEI Investments Company which is valued at $35,188,363 after selling 163,455 shares in SEI Investments Company , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.SEI Investments Company makes up approximately 5.10% of Junto Capital Management Lp’s portfolio.

Other Hedge Funds, Including , D. E. Shaw reduced its stake in SEIC by selling 20,761 shares or 77.03% in the most recent quarter. The Hedge Fund company now holds 6,192 shares of SEIC which is valued at $286,318.Penserra Capital Management boosted its stake in SEIC in the latest quarter, The investment management firm added 77 additional shares and now holds a total of 231 shares of SEI Investments Company which is valued at $10,716.Los Angeles Capital Management Equity Research Inc reduced its stake in SEIC by selling 13,920 shares or 37.82% in the most recent quarter. The Hedge Fund company now holds 22,886 shares of SEIC which is valued at $1,061,682. SEI Investments Company makes up approx 0.01% of Los Angeles Capital Management Equity Research Inc’s portfolio.Bb&t Securities boosted its stake in SEIC in the latest quarter, The investment management firm added 862 additional shares and now holds a total of 7,306 shares of SEI Investments Company which is valued at $341,117. SEI Investments Company makes up approx 0.01% of Bb&t Securities’s portfolio.Robeco Institutional Asset Management B.v. reduced its stake in SEIC by selling 7,500 shares or 21.43% in the most recent quarter. The Hedge Fund company now holds 27,500 shares of SEIC which is valued at $1,408,275. SEI Investments Company makes up approx 0.01% of Robeco Institutional Asset Management B.v.’s portfolio.

SEI Investments Company closed down -0.28 points or -0.61% at $45.82 with 9,37,850 shares getting traded on Thursday. Post opening the session at $46.34, the shares hit an intraday low of $45.55 and an intraday high of $46.515 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, SEI Investments Company reported $0.49 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.50. The company had revenue of $343.83 million for the quarter, compared to analysts expectations of $346.47 million. The company’s revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 EPS.

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 Company’s 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.

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