SEI Investments Under Pressure As Institutional Holders Decrease Stakes

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Major stakeholders have shown mixed movements in their holdings. Loomis Sayles & Co L P decreased its stake by 2.85% to hold 9,941K shares or a 7.51% stake, while Beutel, Goodman & Co increased its holding by 2.20% to hold 4,037K shares or a 3.05% stake. Eaton (NYSE:ETN) Vance Atlanta Capital SMID-Cap Fund maintained its holding at 4,260K shares or a 3.22% stake.

Meanwhile, Vanguard Total Stock Market Index Fund Investor Shares and Bank Of America have shown contrasting adjustments in their holdings. Vanguard increased its stake by 0.55% to hold 3,761K shares or a 2.84% stake, while Bank Of America decreased its holding by 6.23% to hold 3,115K shares or a 2.35% stake.

Despite these changes in ownership, Morgan Stanley maintains an Underweight recommendation for SEI Investments with a one-year price target averaging $67.83, indicating a potential upside of 28.22% from the latest closing price of $52.90.

SEI’s projected annual revenue is expected to increase by 2.51% to $1,939MM, and its non-GAAP EPS is forecasted at $3.58. SEI’s Investment Manager Services, with its award-winning global operating platform, continues to provide advanced infrastructure to investment organizations worldwide, representing nearly $30 trillion in assets through partnerships with over 550 asset managers.

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