Sei Investments Co (NASDAQ:SEIC).
Raymond James & Associates says it bought 13,445 shares during the last quarter increasing its holdings in Sei Investments Co by 8.0%. Its stake was valued at $11,032,000 an increase of $2,038,000 as of the end of the quarter.
Raymond James & Associates isn’t the only one who has changed their investment in SEIC. As of the end of the quarter Tredje Ap-fonden had sold 400 shares trimming its position 5.6%. The value of the investment in (SEIC) increased from $381,000 to $408,000 increasing 7.1% for the reporting period. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS trimmed its investment by shedding 313 shares a decrease of 1.6% as of 09/30/2017. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS claims 19,144 shares valued at $1,169,000. The value of the position overall is up by 11.8%.
As of quarter end Omers Administration Corp had acquired a total of 25,400 shares growing its holdings by 59.1%. The value of the investment in SEIC went from $2,313,000 to $4,177,000 a change of $1,864,000 since the last quarter.
On October 20 Mizuho maintained a company rating of “Buy” targeting a price of $65.00. Oppenheimer Holdings raised the price target on September 28 changing the price objective from $60.00 to $67.00 and issued a “Outperform” rating.
September 3 investment analysts at Keefe, Bruyette & Woods held the stock rating at “Hold” with a current price target of $58.00. On July 27 Keefe, Bruyette & Woods made no change to the stock rating of “Hold” projecting a price of $58.00.
The company is trading up by 1.07% percent from yesterday’s close. The company currently has a P/E ratio of 28.66 and market cap is 10.33B. As of the last earnings report the EPS was $2.29 with 157.47M shares outstanding.
Investors are feeling more bullish on shares of the company of late if you pay attention to the downtick in short interest. The company had a fall in short interest of -3.26% between September 29, 2017 and October 13, 2017. Short shares fell 72,119 over that period. With short interest at 2,138,628 and short average daily volume at 457,327, days to cover is 5.0 and the percentage of shorted shares is 0.01% as of October 13.