Ngam Advisors buys $35,058,161 stake in SEI Investments Company (SEIC)

SEI Investments Company (SEIC) : Ngam Advisors scooped up 33,984 additional shares in SEI Investments Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 767,137 shares of SEI Investments Company which is valued at $35,058,161.SEI Investments Company makes up approximately 0.47% of Ngam Advisors’s portfolio.

Other Hedge Funds, Including , Zurcher Kantonalbank (zurich Cantonalbank) boosted its stake in SEIC in the latest quarter, The investment management firm added 30,725 additional shares and now holds a total of 59,977 shares of SEI Investments Company which is valued at $2,740,949. SEI Investments Company makes up approx 0.04% of Zurcher Kantonalbank (zurich Cantonalbank)’s portfolio.Bbva Compass Bancshares Inc boosted its stake in SEIC in the latest quarter, The investment management firm added 4,844 additional shares and now holds a total of 126,500 shares of SEI Investments Company which is valued at $5,692,500. SEI Investments Company makes up approx 0.41% of Bbva Compass Bancshares Inc’s portfolio.Gw Henssler Associates Ltd boosted its stake in SEIC in the latest quarter, The investment management firm added 18,349 additional shares and now holds a total of 204,005 shares of SEI Investments Company which is valued at $9,180,225. SEI Investments Company makes up approx 1.04% of Gw Henssler Associates Ltd’s portfolio. Advisory Services Network added SEIC to its portfolio by purchasing 455 company shares during the most recent quarter which is valued at $20,798.Capital Fund Management S.a. reduced its stake in SEIC by selling 120,770 shares or 42.42% in the most recent quarter. The Hedge Fund company now holds 163,923 shares of SEIC which is valued at $7,492,920. SEI Investments Company makes up approx 0.13% of Capital Fund Management S.a.’s portfolio.

SEI Investments Company (SEIC) witnessed a volatile trading activity on Thursday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $45.62 and reached the intraday high at $45.92. The bulls started the profit booking and pushed the shares to intraday low of $45.39. The trading session was marked by a volume range of 2,92,831 shares exchanging hands. The 52-week high of the shares is $55.48 and the 52-week low is $32.01. The market cap of the company stands at $7,373 M and there are 16,13,26,160 shares in public circulation.

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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