Last $40.01 USD
Change Today -0.13 / -0.32%
Volume 1.2M
SEIC On Other Exchanges
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As of 8:10 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

sei investments company (SEIC) Snapshot

Open
$40.12
Previous Close
$40.14
Day High
$40.33
Day Low
$39.61
52 Week High
12/8/14 - $41.22
52 Week Low
04/15/14 - $29.92
Market Cap
6.7B
Average Volume 10 Days
611.9K
EPS TTM
$1.75
Shares Outstanding
167.2M
EX-Date
12/18/14
P/E TM
22.9x
Dividend
$0.48
Dividend Yield
1.15%
Current Stock Chart for SEI INVESTMENTS COMPANY (SEIC)

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sei investments company (SEIC) Details

SEI Investments Co. is a publicly owned investment manager. The firm provides wealth management and investment advisory services to its clients through its subsidiaries. Through its subsidiaries, it provides its services to corporations, financial institutions, financial advisors, high net worth families, banks and trust institutions, investment advisors, financial planners, not-for-profit organizations, and pension plans. The firm manages separate client-focused portfolios through its subsidiaries. Through its subsidiaries, it also manages equity, fixed income, and balanced mutual funds, hedge funds, fund of funds, and private equity funds. The firm invests in public equity and fixed income markets across the globe through its subsidiaries. Through its subsidiaries, it also invests in alternative investment markets. SEI Investments Co. was founded in 1968 and is based in Oaks, Pennsylvania.

2,682 Employees
Last Reported Date: 02/27/14
Founded in 1968

sei investments company (SEIC) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.2M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $950.0K
Executive Vice President
Total Annual Compensation: $1.1M
Executive Vice President
Total Annual Compensation: $1.0M
Executive Vice President
Total Annual Compensation: $950.0K
Compensation as of Fiscal Year 2013.

sei investments company (SEIC) Key Developments

SEI Investments Company Declares Regular Semi-Annual Dividend

The Board of Directors of SEI Investments Company declared a regular semi-annual dividend of $0.24 per share, a $0.02, or 9%, increase compared to its last regular semi-annual dividend. The cash dividend will be payable to shareholders of record on December 22, 2014, with a payment date of January 6, 2015.

SEI Introduces AIFMD Annex IV Reporting Solution to Help Alternative Managers Meet New Transparency Rules

SEI has expanded the regulatory compliance component of its global operating platform to include new capabilities that help alternative investment fund managers meet Annex IV transparency reporting requirements under the European Union Alternative Investment Fund Managers Directive (AIFMD). The new reporting requirements apply to all asset managers who manage and/or market alternative funds (other than UCITS) within the EU, including private equity and hedge funds. For managers who registered with regulators by July 22, 2014, their initial Annex IV reports must be submitted to national competent authorities no later than Jan. 31, 2015, for the period ending Dec. 31, 2014. This gives managers only 30 days to prepare and submit forms, rather than the 60-day filing period allowed for Form PF. Further adding to compliance headaches, national regulators may require different versions of the AIFMD forms. SEI's AIFMD Annex IV services include: boldData aggregation - compiling all necessary information from internal and external sources including the manager's operating platform, other managers, counterparties, lenders, and borrowers - boldRegulatory filings - preparing and handling all aspects of form filings, including customizing data and calculation methods that may vary among national regulators and fund type - boldProject and workflow management - developing and managing a proprietary project plan specific to the client organization, detailing the procedures, inputs, timelines, roles, and responsibilities necessary to meet filing requirements and deadlines - boldQuality assurance - coordinating with client staff and external data sources to ensure integrity of the data and calculations - boldSpecialized expertise - providing access to a compliance team and regulatory specialists with expertise in resolving issues and interpreting nuances of European requirements. While there is some overlap between AIFMD Annex IV reporting and Form PF, the new European rules demand significantly more data, including detailed information on compensation, risk exposure, and liquidity. Moreover, the Annex IV reports use different definitions and calculation methods than Form PF, further complicating the compliance effort.

SEI Investments Company Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Fourth Quarter of 2014

SEI Investments Company reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, total revenues were $322.0 million against $280.7 million last year. Income from operations was $90.5 million against $61.9 million last year. Income before income taxes was $128.6 million against $94 million last year. Net income attributable to the company was $84 million or $0.49 per diluted share against $67.2 million or $0.38 per diluted share last year. Revenues increased in third-quarter 2014 as compared to both third-quarter 2013 and second-quarter 2014. Revenue growth was primarily driven by higher Asset management, administration, and distribution fees from market appreciation and improved cash flows from new and existing clients. Revenue growth was also driven by increased information processing fees in Private Banks segment. The increase was primarily attributable to higher fees from the growth in assets processed on the SEI Wealth Platform(SM). Capital expenditures this quarter, excluding the building, were $7.8 million. For the nine months, total revenues were $943.2 million against $827.1 million last year. Income from operations was $262.5 million against $180 million last year. Income before income taxes was $374.1 million against $334.3 million last year. Net income attributable to the company was $241.6 million or $1.39 per diluted share against $222.6 million or $1.26 per diluted share last year. For the fourth quarter, the capital expenditure is expected to be around $4 million. The tax rate would range between 35% and 36%.

 

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