SEI Investments Company (SEIC) : During the past 4 weeks, traders have been relatively bearish on SEI Investments Company (SEIC), hence the stock is down -10.63% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.62% relative to the S&P 500. The 4-week change in the price of the stock is -10.29% and the stock has fallen -0.65% in the past 1 week.
SEI Investments Co. has dropped 7.54% during the last 3-month period . Year-to-Date the stock performance stands at -11.88%. The stock has recorded a 20-day Moving Average of 1.65% and the 50-Day Moving Average is 4.39%.
SEI Investments Company (NASDAQ:SEIC): The stock opened at $45.75 on Friday but the bulls could not build on the opening and the stock topped out at $45.97 for the day. The stock traded down to $45.18 during the day, due to lack of any buying support eventually closed down at $45.94 with a loss of -0.11% for the day. The stock had closed at $45.99 on the previous day. The total traded volume was 667,416 shares.
Also, Keefe Bruyette & Woods maintains its rating on SEI Investments Company (NASDAQ:SEIC). The global brokerage major lowers the current price target from $51 per share to $47 per share. Analysts at the Keefe Bruyette & Woods have a current rating of Market Perform on the shares. The rating by the firm was issued on July 28, 2016.
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.