American Capital Management Inc buys $31,172,884 stake in SEI Investments Company (SEIC)

SEI Investments Company (SEIC) : American Capital Management Inc scooped up 1,540 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 3, 2016. The investment management firm now holds a total of 682,120 shares of SEI Investments Company which is valued at $31,172,884.SEI Investments Company makes up approximately 2.49% of American Capital Management Inc’s portfolio.

Other Hedge Funds, Including , Mutual Of America Capital Management boosted its stake in SEIC in the latest quarter, The investment management firm added 14,944 additional shares and now holds a total of 109,048 shares of SEI Investments Company which is valued at $4,983,494. SEI Investments Company makes up approx 0.10% of Mutual Of America Capital Management’s portfolio.Daiwa Securities Group reduced its stake in SEIC by selling 5,000 shares or 26.46% in the most recent quarter. The Hedge Fund company now holds 13,900 shares of SEIC which is valued at $635,369.British Columbia Investment Management Corp boosted its stake in SEIC in the latest quarter, The investment management firm added 29,071 additional shares and now holds a total of 130,230 shares of SEI Investments Company which is valued at $6,400,805. SEI Investments Company makes up approx 0.06% of British Columbia Investment Management Corp’s portfolio.

SEI Investments Company closed down -0.4 points or -0.86% at $46.29 with 4,93,721 shares getting traded on Monday. Post opening the session at $46.75, the shares hit an intraday low of $46.22 and an intraday high of $46.92 and the price fluctuated in this range throughout the day.Shares ended Monday 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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