SEI Investments Company (NASDAQ:SEIC): Mizuho Securities Maintains Buy Rating Today, Has a Target of $68.0/Share

January 14, 2018 - By Maria Brooks

 SEI Investments Company (NASDAQ:SEIC): Mizuho Securities Maintains Buy Rating Today, Has a Target of $68.0/Share

Investors sentiment increased to 1.24 in 2017 Q3. Its up 0.01, from 1.23 in 2017Q2. It improved, as 25 investors sold SEI Investments Co. shares while 94 reduced holdings. 39 funds opened positions while 108 raised stakes. 109.90 million shares or 2.20% more from 107.53 million shares in 2017Q2 were reported.

Credit Suisse Ag owns 229,912 shares. Court Place Advsrs Limited Liability Com holds 88,107 shares or 2.4% of its portfolio. Moreover, Df Dent & Communications has 3.65% invested in SEI Investments Co. (NASDAQ:SEIC) for 2.31 million shares. Fmr Limited Liability Corp, a Massachusetts-based fund reported 181,918 shares. Nj State Employees Deferred Compensation Plan owns 40,000 shares. Moreover, Confluence Investment Limited Com has 0.32% invested in SEI Investments Co. (NASDAQ:SEIC). Endurance Wealth Incorporated holds 1,000 shares or 0.01% of its portfolio. Voya Invest Lc invested in 51,081 shares. Schroder Management Group holds 0% or 8,900 shares. Pennsylvania-based Commonwealth Of Pennsylvania School Empls Retrmt has invested 0.02% in SEI Investments Co. (NASDAQ:SEIC). Cubist Systematic Strategies holds 0.02% or 6,336 shares in its portfolio. Paragon Management Ltd stated it has 0.08% in SEI Investments Co. (NASDAQ:SEIC). Fifth Third Bank accumulated 3,509 shares or 0% of the stock. Bluecrest Capital Mgmt Ltd, Guernsey-based fund reported 14,563 shares. Deutsche Bancorp Ag has invested 0.03% in SEI Investments Co. (NASDAQ:SEIC).

Since August 1, 2017, it had 0 insider purchases, and 13 sales for $18.78 million activity. WEST ALFRED P JR sold 50,000 shares worth $2.80M. Shares for $574,900 were sold by DORAN WILLIAM. 10,000 shares valued at $586,900 were sold by MCCARTHY KATHRYN on Tuesday, September 19. KLAUDER PAUL sold $703,750 worth of stock. 20,000 shares were sold by Meyer Stephen, worth $1.23M. Shares for $616,400 were sold by Barr Kevin.

SEI Investments Company (NASDAQ:SEIC) Rating Reaffirmed

Recently, In a report shared with investors and clients on 26 October, SEI Investments Company (NASDAQ:SEIC) shares have had their Buy Rating reaffirmed by analysts at Mizuho Securities, who currently has a $68.0 target on company. This target by Mizuho Securities suggests the possibile downside of -11.29 % from the last stock price.

Investors sentiment increased to 1.24 in 2017 Q3. Its up 0.01, from 1.23 in 2017Q2. It improved, as 25 investors sold SEI Investments Co. shares while 94 reduced holdings. 39 funds opened positions while 108 raised stakes. 109.90 million shares or 2.20% more from 107.53 million shares in 2017Q2 were reported.

Credit Suisse Ag owns 229,912 shares. Court Place Advsrs Limited Liability Com holds 88,107 shares or 2.4% of its portfolio. Moreover, Df Dent & Communications has 3.65% invested in SEI Investments Co. (NASDAQ:SEIC) for 2.31 million shares. Fmr Limited Liability Corp, a Massachusetts-based fund reported 181,918 shares. Nj State Employees Deferred Compensation Plan owns 40,000 shares. Moreover, Confluence Investment Limited Com has 0.32% invested in SEI Investments Co. (NASDAQ:SEIC). Endurance Wealth Incorporated holds 1,000 shares or 0.01% of its portfolio. Voya Invest Lc invested in 51,081 shares. Schroder Management Group holds 0% or 8,900 shares. Pennsylvania-based Commonwealth Of Pennsylvania School Empls Retrmt has invested 0.02% in SEI Investments Co. (NASDAQ:SEIC). Cubist Systematic Strategies holds 0.02% or 6,336 shares in its portfolio. Paragon Management Ltd stated it has 0.08% in SEI Investments Co. (NASDAQ:SEIC). Fifth Third Bank accumulated 3,509 shares or 0% of the stock. Bluecrest Capital Mgmt Ltd, Guernsey-based fund reported 14,563 shares. Deutsche Bancorp Ag has invested 0.03% in SEI Investments Co. (NASDAQ:SEIC).

Since August 1, 2017, it had 0 insider purchases, and 13 sales for $18.78 million activity. WEST ALFRED P JR sold 50,000 shares worth $2.80M. Shares for $574,900 were sold by DORAN WILLIAM. 10,000 shares valued at $586,900 were sold by MCCARTHY KATHRYN on Tuesday, September 19. KLAUDER PAUL sold $703,750 worth of stock. 20,000 shares were sold by Meyer Stephen, worth $1.23M. Shares for $616,400 were sold by Barr Kevin.

SEI Investments Co. (NASDAQ:SEIC) Ratings Coverage

Among 6 analysts covering SEI Investments (NASDAQ:SEIC), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. SEI Investments has $90.0 highest and $45 lowest target. $68.25’s average target is -10.96% below currents $76.65 stock price. SEI Investments had 21 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, June 23 by Keefe Bruyette & Woods. The rating was maintained by Mizuho on Thursday, October 26 with “Buy”. As per Friday, October 20, the company rating was maintained by Mizuho. The stock of SEI Investments Co. (NASDAQ:SEIC) earned “Buy” rating by Oppenheimer on Wednesday, July 26. Oppenheimer maintained SEI Investments Co. (NASDAQ:SEIC) on Monday, July 10 with “Buy” rating. Oppenheimer maintained it with “Outperform” rating and $57 target in Thursday, July 23 report. The stock has “Buy” rating by Mizuho on Thursday, January 4. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Friday, September 1 report. The company was downgraded on Tuesday, September 1 by Zacks. On Wednesday, April 6 the stock rating was upgraded by Wood to “Market Perform”.

The stock increased 1.42% or $1.07 during the last trading session, reaching $76.65. About 385,610 shares traded. SEI Investments Co. (NASDAQ:SEIC) has risen 1.87% since January 14, 2017 and is uptrending. It has underperformed by 14.83% the S&P500.

Analysts await SEI Investments Co. (NASDAQ:SEIC) to report earnings on January, 24. They expect $0.61 earnings per share, up 10.91 % or $0.06 from last year’s $0.55 per share. SEIC’s profit will be $96.06 million for 31.41 P/E if the $0.61 EPS becomes a reality. After $0.63 actual earnings per share reported by SEI Investments Co. for the previous quarter, Wall Street now forecasts -3.17 % negative EPS growth.

SEI Investments Co. is a publicly owned asset management holding company. The company has market cap of $12.07 billion. Through its subsidiaries, the firm provides wealth management, retirement and investment solutions, asset management, asset administration, investment processing outsourcing solutions, financial services, and investment advisory services to its clients. It has a 33.62 P/E ratio. It provides its services to private banks, independent financial advisers, institutional investors, investment managers, investment advisors, wealth management organizations, firms, retirement scheme sponsors, not-for-profit organizations, hedge fund managers, registered investment advisers, independent broker-dealers, financial planners, life insurance agents, defined-benefit schemes, defined-contribution schemes, endowments, foundations, and board-designated fund, through its subsidiaries.

More news for SEI Investments Co. (NASDAQ:SEIC) were recently published by: Nasdaq.com, which released: “Ex-Dividend Reminder: Vail Resorts, SEI Investments and Retail Properties of …” on December 22, 2017. Nasdaq.com‘s article titled: “First Week of February 16th Options Trading For SEI Investments (SEIC)” and published on January 02, 2018 is yet another important article.

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