American Capital Management Inc buys $32,722,286 stake in SEI Investments Company (SEIC)

SEI Investments Company (SEIC) : American Capital Management Inc scooped up 12,340 additional shares in SEI Investments Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 25, 2016. The investment management firm now holds a total of 680,580 shares of SEI Investments Company which is valued at $32,722,286.SEI Investments Company makes up approximately 2.97% of American Capital Management Inc’s portfolio.

SEI Investments Company opened for trading at $48.17 and hit $49 on the upside on Monday, eventually ending the session at $48.93, with a gain of 1.77% or 0.85 points. The heightened volatility saw the trading volume jump to 5,92,365 shares. Company has a market cap of $7,926 M.

Other Hedge Funds, Including , Louisiana State Employees Retirement System reduced its stake in SEIC by selling 100 shares or 0.26% in the most recent quarter. The Hedge Fund company now holds 38,100 shares of SEIC which is valued at $1,831,848. SEI Investments Company makes up approx 0.09% of Louisiana State Employees Retirement System’s portfolio. Simplex Trading added SEIC to its portfolio by purchasing 889 company shares during the most recent quarter which is valued at $40,956. SEI Investments Company makes up approx 0.01% of Simplex Trading’s portfolio.Independent Portfolio Consultants reduced its stake in SEIC by selling 720 shares or 2.66% in the most recent quarter. The Hedge Fund company now holds 26,320 shares of SEIC which is valued at $1,212,562. SEI Investments Company makes up approx 0.34% of Independent Portfolio Consultants’s portfolio.Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in SEIC in the latest quarter, The investment management firm added 4,117 additional shares and now holds a total of 43,491 shares of SEI Investments Company which is valued at $2,003,630. SEI Investments Company makes up approx 0.05% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.

On the company’s financial health, SEI Investments Company reported $0.46 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Apr 20, 2016. Analyst had a consensus of $0.44. The company had revenue of $334.30 million for the quarter, compared to analysts expectations of $332.63 million. The company’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.49 EPS.

Many Wall Street Analysts have commented on SEI Investments Company. SEI Investments Company was Upgraded by Keefe Bruyette to ” Mkt Perform” on Apr 6, 2016. SEI Investments Company was Downgraded by Keefe Bruyette to ” Underperform” on Jan 28, 2016. Shares were Reiterated by Oppenheimer on Jan 28, 2016 to “Outperform” and Lowered the Price Target to $ 52 from a previous price target of $57 .

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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