Shares of SEI Investments (NASDAQ:SEIC) have been assigned an average rating of “Hold” from the seven brokerages that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation and four have issued a hold recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is $65.67.

A number of research analysts recently weighed in on SEIC shares. ValuEngine lowered SEI Investments from a “hold” rating to a “sell” rating in a report on Thursday, October 10th. Oppenheimer upped their price objective on SEI Investments from $66.00 to $70.00 in a report on Thursday, November 14th. Finally, BidaskClub lowered SEI Investments from a “buy” rating to a “hold” rating in a report on Tuesday, January 7th.

SEIC stock traded down $1.05 on Friday, reaching $65.26. 500,926 shares of the company’s stock were exchanged, compared to its average volume of 466,389. The stock has a fifty day moving average of $65.33 and a 200-day moving average of $60.49. SEI Investments has a twelve month low of $45.38 and a twelve month high of $67.14. The firm has a market cap of $9.81 billion, a PE ratio of 20.78, a P/E/G ratio of 1.49 and a beta of 1.31. The company has a quick ratio of 5.59, a current ratio of 5.74 and a debt-to-equity ratio of 0.02.

SEI Investments (NASDAQ:SEIC) last announced its quarterly earnings data on Wednesday, October 23rd. The asset manager reported $0.86 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.83 by $0.03. SEI Investments had a return on equity of 29.77% and a net margin of 29.95%. The firm had revenue of $416.30 million for the quarter, compared to analyst estimates of $415.52 million. During the same quarter in the prior year, the company posted $0.80 earnings per share. SEI Investments’s quarterly revenue was up 1.9% on a year-over-year basis. On average, equities research analysts predict that SEI Investments will post 3.25 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Friday, December 27th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date was Thursday, December 26th. This is a positive change from SEI Investments’s previous quarterly dividend of $0.33. SEI Investments’s dividend payout ratio is currently 22.29%.

In other news, major shareholder Alfred P. West, Jr. sold 85,000 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $65.59, for a total value of $5,575,150.00. Following the completion of the transaction, the insider now owns 9,801,713 shares in the company, valued at $642,894,355.67. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Kathryn Mccarthy sold 9,500 shares of SEI Investments stock in a transaction on Monday, November 4th. The stock was sold at an average price of $61.49, for a total value of $584,155.00. Following the transaction, the director now directly owns 80,700 shares of the company’s stock, valued at approximately $4,962,243. The disclosure for this sale can be found here. Insiders have sold 187,050 shares of company stock worth $12,057,138 in the last ninety days. 22.60% of the stock is currently owned by corporate insiders.

Several large investors have recently added to or reduced their stakes in SEIC. FMR LLC raised its stake in shares of SEI Investments by 19.9% during the 1st quarter. FMR LLC now owns 211,097 shares of the asset manager’s stock worth $11,030,000 after buying an additional 35,067 shares during the last quarter. First Trust Advisors LP acquired a new position in shares of SEI Investments during the 1st quarter worth $1,155,000. Charles Schwab Investment Management Inc. raised its stake in shares of SEI Investments by 1.9% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 606,141 shares of the asset manager’s stock worth $34,005,000 after buying an additional 11,034 shares during the last quarter. LPL Financial LLC raised its stake in shares of SEI Investments by 1.5% during the 2nd quarter. LPL Financial LLC now owns 52,808 shares of the asset manager’s stock worth $2,963,000 after buying an additional 803 shares during the last quarter. Finally, Meadow Creek Investment Management LLC raised its stake in shares of SEI Investments by 8.1% during the 2nd quarter. Meadow Creek Investment Management LLC now owns 12,240 shares of the asset manager’s stock worth $687,000 after buying an additional 912 shares during the last quarter. 68.54% of the stock is owned by institutional investors and hedge funds.

SEI Investments Company Profile

SEI Investments Company is a publicly owned asset management holding company. 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.

Further Reading: How do candlesticks reflect price movement?

Receive News & Ratings for SEI Investments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEI Investments and related companies with MarketBeat.com's FREE daily email newsletter.