SEI Investments Company (NASDAQ:SEIC) has an average broker rating of 1.6, which is interpreted as a Buy, as rated by 5 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
SEI Investments Company (NASDAQ:SEIC) : The consensus price target for SEI Investments Company (NASDAQ:SEIC) is $53.5 for the short term with a standard deviation of $6.35. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $60, however, the pessimist price target for the company is $45.
For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Keefe Bruyette & Woods upgrades the rating on SEI Investments Company (NASDAQ:SEIC). The brokerage firm has issued a Market Perform rating on the shares. The shares were previously rated Underperform. The Analysts at the ratings agency raises the price target from $38 per share to $45 per share. The rating by the firm was issued on April 6, 2016.
SEI Investments Company (NASDAQ:SEIC): stock turned positive on Tuesday. Though the stock opened at $45.13, the bulls momentum made the stock top out at $45.4 level for the day. The stock recorded a low of $44.72 and closed the trading day at $45.15, in the green by 1.62%. The total traded volume for the day was 1,137,846. The stock had closed at $44.43 in the previous days trading.
In an insider trading activity,The director of Sei Investments Co, Blumenstein Sarah sold 16,500 shares at $49.89 on June 10, 2016. The Insider selling transaction had a total value worth of $823,185. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.