SEI Investments Company (SEIC)
Market Cap | 8.70B |
Revenue (ttm) | 1.92B |
Net Income (ttm) | 462.26M |
Shares Out | 131.52M |
EPS (ttm) | 3.46 |
PE Ratio | 19.13 |
Forward PE | 15.92 |
Dividend | $0.89 (1.35%) |
Ex-Dividend Date | Dec 27, 2023 |
Volume | 701,656 |
Open | 66.02 |
Previous Close | 66.01 |
Day's Range | 65.69 - 66.50 |
52-Week Range | 52.20 - 72.54 |
Beta | 1.02 |
Analysts | Hold |
Price Target | 69.40 (+4.95%) |
Earnings Date | Apr 24, 2024 |
About SEIC
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. It provides its services to private banks, independent financial advisers, institutional investors, investment managers, investment advisors, wealth management organizations, corporations, retirement scheme sponsors, n... [Read more]
Financial Performance
In 2023, SEIC's revenue was $1.92 billion, a decrease of -3.58% compared to the previous year's $1.99 billion. Earnings were $462.26 million, a decrease of -2.78%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for SEIC stock is "Hold." The 12-month stock price forecast is $69.4, which is an increase of 4.95% from the latest price.
News
SEI to Announce First-Quarter 2024 Earnings on Wednesday, April 24, 2024
Public Invited to Monitor Conference Call at 4:30 p.m. Eastern Time OAKS, Pa.
SEI Enhances SMA and UMA Solutions Offered Through Managed Accounts Program
New SEI-Managed and Third-Party Investment Options, Cost Reductions, and Improved Tax-Optimization Technology Elevates Experience for Advisors and Investors OAKS, Pa. , April 2, 2024 /PRNewswire/ -- S...
IXS Holdings Selects SEI for Cybersecurity and Network Operations
SEI to Provide Enterprise-Wide Managed Security Services for Multi-National Manufacturer OAKS, Pa. , March 27, 2024 /PRNewswire/ -- SEI® (NASDAQ: SEIC) today announced that it will manage IXS Holdings...
SEI Launches Advanced Multi-Custody Capability for U.S. Wealth Management Clients
Advanced Aggregation Service Provides Greater Transparency into Customers' Complete Financial Pictures OAKS, Pa. , March 21, 2024 /PRNewswire/ -- SEI ® (NASDAQ:SEIC) today announced that U.S. wealth m...
Cullen Capital Management LLC Selects SEI's Advisors' Inner Circle Fund Trust to Launch First Active ETF
Active ETF Trend Provides Growth Opportunity for Asset Managers OAKS, Pa. , March 7, 2024 /PRNewswire/ -- SEI ® (NASDAQ: SEIC) today announced that Cullen Capital Management LLC (Cullen Capital) sele...
SEI and TIFIN Partner to Power the Future of Wealth Through Artificial Intelligence
Strategic Investment and Partnership Fosters Industry Talent, Innovation, and Growth OAKS, Pa. , Feb. 21, 2024 /PRNewswire/ -- SEI ® (NASDAQ:SEIC) today announced a strategic investment of $10 million...
SEI (SEIC) CEO On Earnings and Potential M&A Activity
SEI (SEIC) provides wealth management, asset management, and investment solutions. CEO Ryan Hicke joins Oliver Renick to give an overview of the company.
Pictet Asset Management launches first suite of CITs and chooses SEI as strategic partner
NEW YORK , Feb. 6, 2024 /PRNewswire/ -- Pictet Asset Management ("Pictet AM") has launched its first suite of four collective investment trusts (CITs) to the US institutional retirement market. SEI Tr...
SEI Attracts Large European and Global Asset Managers with CIT Lineup
Turnkey Operational Platform Supports Asset Managers' and Plan Sponsors' Unique Demands OAKS, Pa. , Feb. 6, 2024 /PRNewswire/ -- As European and global asset managers increasingly embrace CITs, SEI ®...
SEI Appoints Sean Denham as CFO
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. Den...
SEI Reports Fourth-Quarter 2023 Financial Results
OAKS, Pa. , Jan. 31, 2024 /PRNewswire/ -- SEI Investments Company (NASDAQ:SEIC) today announced financial results for the fourth-quarter 2023. Diluted earnings per share were $0.91 in fourth-quarter 2...
SEI to Announce Fourth-Quarter 2023 Earnings on Wednesday, Jan. 31, 2024
Public Invited to Monitor Conference Call at 4:30 p.m. Eastern Time OAKS, Pa.
SEI Announces Wayne Withrow to Step Away
OAKS, Pa. , Dec. 22, 2023 /PRNewswire/ -- SEI® (NASDAQ: SEIC) today announced Wayne Withrow, Executive Vice President and Head of Global Asset Management, will step away effective Feb. 28, 2024 to foc...
SEI Acquires Altigo
SEI to Leverage Unique Industry Position to Meet Market Demand and Streamline Investment Process for Alternatives OAKS, Pa. , Dec. 21, 2023 /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced the acqu...
SEI Declares Dividend of $0.46 per Share
Company Increases Share Repurchase Program by $250 Million OAKS, Pa. , Dec. 15, 2023 /PRNewswire/ -- The Board of Directors of SEI Investments Company (NASDAQ: SEIC) on Dec. 15, 2023 declared a regula...
CastleArk Management Selects SEI's Advisors' Inner Circle Fund Trust to Launch First Active ETF
Active ETF Trends Present Growth Opportunities for Asset Managers OAKS, Pa. , Dec. 12, 2023 /PRNewswire/ -- SEI ® (NASDAQ: SEIC) today announced that CastleArk Management, a $3 billion Chicago-based i...
SEI Survey Reveals Impact of Behavioural Biases on Financial Outcomes
Findings Highlight Importance of Goals-Based Wealth Management Approach for Advisors and Investors TORONTO , Nov. 1, 2023 /PRNewswire/ -- SEI ® (NASDAQ:SEIC) today announced the findings of its inaugu...
SEI Reports Third-Quarter 2023 Financial Results
OAKS, Pa. , Oct. 25, 2023 /PRNewswire/ -- SEI Investments Company (NASDAQ:SEIC) today announced financial results for the third-quarter 2023. Diluted earnings per share were $0.87 in third-quarter 202...
Hazeltree President and CEO Stephanie Miller Joins SEI Board of Directors
NEW YORK--(BUSINESS WIRE)--Hazeltree, the leading provider of treasury and liquidity management solutions for the asset management industry, today announced that Stephanie Miller, President and CEO, j...
SEI Appoints Stephanie Miller to Board of Directors
Industry Veteran Brings Expertise Across Financial Services and Multinational Corporate Strategy OAKS, Pa. , Oct. 25, 2023 /PRNewswire/ -- SEI ® (NASDAQ: SEIC) today announced that Stephanie Miller ha...
SEI to Announce Third-Quarter 2023 Earnings on Wednesday, October 25, 2023
Public Invited to Monitor Conference Call at 4:30 p.m. Eastern Time OAKS, Pa.
SEI Launches Enhancements to Advisor Technology Suite
Investor Portal Powers Personalized, Connected Experience for Advisors and their Clients OAKS, Pa. , Sept. 28, 2023 /PRNewswire/ -- SEI ® (NASDAQ: SEIC) today announced the launch of enhanced technolo...
Barclays to Host SEI at its Global Financial Services Conference
OAKS, Pa. , Aug. 30, 2023 /PRNewswire/ -- SEI ® (NASDAQ:SEIC) today announced that the company will attend the Barclays Global Financial Services Conference in New York City on Tuesday, Sept. 12, 2023...
SEI Extends Long-term Relationship with Bar Harbor Wealth Management
SEI to Power Continued Business Transformation for Community Bank OAKS, Pa. , Aug. 17, 2023 /PRNewswire/ -- SEI ® (NASDAQ:SEIC) today announced that it has extended its strategic partnership with Bar ...
Nuveen Lifecycle Income Series for Defined Contribution Plans Provides Income for Life
Collective Investment Trust Features Allocation to the TIAA Secure Income Account Annuity NEW YORK , Aug. 8, 2023 /PRNewswire/ -- Nuveen, the investment manager of TIAA, introduced the Nuveen Lifecyc...