From MarketBeat:



SEI Investments announced a Semi-Annual dividend of $0.46 per share, representing a dividend yield of 1.4%. The company has a payout ratio of 23.4% and has been raising its dividend payment by an average of 6.9% per year over the last three years. SEI Investments also reported earnings of $0.87 per share for the quarter, meeting analysts’ consensus estimates. The company’s stock opened at $64.59 on Monday, with a market capitalization of $8.50 billion and a P/E ratio of 19.11. SEI Investments has a 12-month low of $52.19 and a 12-month high of $64.94. Insider activity includes a major shareholder acquiring 1,240,000 shares and the Chairman selling 29,343 shares. Additionally, several large institutional investors have made changes to their positions in the company. Analysts’ ratings on SEI Investments have ranged from a “sell” to a “buy,” with an average price target of $65.75. SEI Investments Company is a publicly owned asset management holding company, providing various financial services to its clients. MarketBeat has identified five stocks as better buys than SEI Investments according to top-rated analysts.



Original: SEI Investments (NASDAQ:SEIC) Raises Dividend to $0.46 Per Share