SEI Investments downgraded by Goldman with a new price target
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Goldman downgraded SEI Investments from Buy to Neutral and set a new price target of $65.00 from $67.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/29/2023 | $60.00 | Neutral | Piper Sandler |
| 7/25/2022 | Mkt Perform | William Blair | |
| 7/12/2022 | $55.00 | Equal-Weight → Underweight | Morgan Stanley |
| 3/28/2022 | $67.00 → $65.00 | Buy → Neutral | Goldman |
| 1/27/2022 | $75.00 → $70.00 | Outperform | Oppenheimer |
| 11/3/2021 | $67.00 | Hold | Truist Securities |
| 11/2/2021 | $67.00 | Hold | Truist Securities |
| 7/22/2021 | $72.00 → $75.00 | Outperform | Oppenheimer |
Integrated Custody and Technology Solution Powers Connected Experience and Business Growth OAKS, Pa., Nov. 21, 2024 /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced that Front Street Capital Management (Front Street) has selected SEI for custody and technology solutions, embracing a tightly integrated, single infrastructure that provides an end-to-end experience across every aspect of an advisor's business, including a dedicated service and relationship management model. Front Street is moving more than $600 million in assets under management to SEI. The Montana-based registered investment advisor invests client capital exclusively in purpose-driven companies that demonstrate ultra-long-
New SEI-Managed and Third-Party Investment Options Further Bolster Flexibility for Advisors OAKS, Pa., Nov. 18, 2024 /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced the launch of a new lineup of separately managed account (SMA) strategies, offered through the Managed Account Solutions program1 and designed to increase flexibility in both equity and fixed income solutions. The additions include SEI-managed strategies and third-party strategies from exceptional global investment firms, including AllianceBernstein, Loomis Sayles, and Parametric Portfolio Associates. Jim Smigiel, Chief Investment Officer and Head of SEI's Investment Management Unit, said: "We continue to integrate in-house e
SEI's Turnkey Operational Platform and Comprehensive Suite of Services Provide Scale and Stability OAKS, Pa., Nov. 18, 2024 /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced that Brown Advisory selected the Advisors' Inner Circle Fund® (AIC) series trust as its operational platform to launch the Brown Advisory Flexible Equity ETF (NASDAQ:BAFE), the firm's first ETF. A fundamental active strategy focused on U.S. companies, Brown Advisory's Flexible Equity ETF is managed by a tenured team with an existing footprint in mutual funds and separately managed accounts (SMAs). Brown Advisory's fund launches as the U.S. ETF market maintains a strong growth rate, reaching a record high of $10 trillio
SC 13G/A - SEI INVESTMENTS CO (0000350894) (Subject)
SC 13G/A - SEI INVESTMENTS CO (0000350894) (Subject)
SC 13G/A - SEI INVESTMENTS CO (0000350894) (Subject)
Keefe, Bruyette & Woods analyst Aidan Hall reiterates SEI Inv (NASDAQ:SEIC) with a Market Perform and lowers the price target from $74 to $73.
Piper Sandler analyst Crispin Love maintains SEI Inv (NASDAQ:SEIC) with a Neutral and lowers the price target from $72 to $71.
SEI Inv (NASDAQ:SEIC) reported quarterly earnings of $1.05 per share which beat the analyst consensus estimate of $1.04 by 0.96 percent. This is a 17.98 percent increase over earnings of $0.89 per share from the same period last year. The company reported quarterly sales of $518.986 million which missed the analyst consensus estimate of $523.801 million by 0.92 percent. This is a 6.12 percent increase over sales of $489.057 million the same period last year.
4 - SEI INVESTMENTS CO (0000350894) (Issuer)
4 - SEI INVESTMENTS CO (0000350894) (Issuer)
4 - SEI INVESTMENTS CO (0000350894) (Issuer)
SCHEDULE 13G/A - SEI INVESTMENTS CO (0000350894) (Subject)
SCHEDULE 13G/A - SEI INVESTMENTS CO (0000350894) (Subject)
13F-HR - SEI INVESTMENTS CO (0000350894) (Filer)
Piper Sandler initiated coverage of SEI Investments with a rating of Neutral and set a new price target of $60.00
William Blair resumed coverage of SEI Investments with a rating of Mkt Perform
Morgan Stanley downgraded SEI Investments from Equal-Weight to Underweight and set a new price target of $55.00
New SEI-Managed and Third-Party Investment Options Further Bolster Flexibility for Advisors OAKS, Pa., Nov. 18, 2024 /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced the launch of a new lineup of separately managed account (SMA) strategies, offered through the Managed Account Solutions program1 and designed to increase flexibility in both equity and fixed income solutions. The additions include SEI-managed strategies and third-party strategies from exceptional global investment firms, including AllianceBernstein, Loomis Sayles, and Parametric Portfolio Associates. Jim Smigiel, Chief Investment Officer and Head of SEI's Investment Management Unit, said: "We continue to integrate in-house e
Net Sales Events, AUM, and AUA Drive Record Quarter OAKS, Pa., Oct. 23, 2024 /PRNewswire/ -- SEI Investments Company (NASDAQ:SEIC) today announced financial results for the third quarter 2024. Relative to the third quarter 2023, EPS increased by 37%, and revenue and operating income grew by 13% and 33%, respectively, with operating margins increasing to 26.8%. All business segments reported revenue and operating margin growth relative to both the third quarter 2023 and the second quarter 2024. Net sales events of $46 million represent the highest level ever achieved in a single quarter. Total assets under management, administration, and advisement grew to a record high of approximately $1.6
Public Invited to Monitor Conference Call at 5 p.m. Eastern Time OAKS, Pa., Oct. 10, 2024 /PRNewswire/ -- SEI® (NASDAQ:SEIC) intends to release earnings for the third quarter 2024 on Wednesday, Oct. 23, 2024 after the market closes. The company will hold a conference call to discuss these financial results beginning at 5 p.m. Eastern time. The public is invited to listen to the call and replay at www.seic.com/ir-events. About SEI®SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and
4 - SEI INVESTMENTS CO (0000350894) (Reporting)
Financial Services Leader's Diverse Experience to Bolster Strategic Growth OAKS, Pa., July 25, 2024 /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced that Michael Lane will join SEI on Sept. 16, 2024 as an Executive Vice President and Head of Asset Management, reporting to CEO Ryan Hicke. In his role as a member of the Executive Management team, Lane will be responsible for the business and growth strategy for the company's Advisor and Institutional businesses in North America, as well as leading SEI's investment management teams globally. With 35 years of industry experience, Lane most recently served as Head of iShares U.S. Wealth Advisory at Blackrock, overseeing revenue growth, client
OAKS, Pa., Feb. 5, 2024 /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced the appointment of Sean Denham as an Executive Vice President and Chief Financial Officer, reporting to CEO Ryan Hicke. Denham's employment will begin on March 18, 2024, and his appointment as CFO will be effective on the day following the resignation of current CFO Dennis McGonigle, whose departure plans were announced by SEI in July 2023. SEI currently expects McGonigle's resignation to be effective on the day of the filing of the company's first-quarter 2024 Form 10-Q. Denham succeeds McGonigle, who has served in a number of different roles and leadership positions at SEI for nearly 40 years. Upon his appointment,
Miller Brings Deep Expertise in Financial Services to Position Hazeltree, the leading provider of treasury and liquidity management solutions for the asset management industry, today announced that Stephanie Miller, President and CEO, joined the SEI® (NASDAQ:SEIC) Board of Directors. Miller will serve as a member of the Audit and Legal and Regulatory Oversight Committees, in addition to carrying out her Board responsibilities. Recognized as a leader in the financial services industry, Miller brings more than 25 years of experience across financial services and a deep knowledge of technology, which uniquely position her to provide expertise on SEI's three pillars of capabilities: technol