Near-Record Earnings, Revenue Growth Drive SEI Higher

SEI is a financial services company that offers financial and technology services to wealth managers, banks, and other investment managers. It also processes investments and offers investment management solutions for customers around the world.

In the company’s third-quarter earnings report, it reported near-record earnings of $1.19 per share (the second highest in the company’s history). It also grew assets under management by 3.5% over the previous quarter while growing revenues and profits across multiple segments by double digits.

It’s no wonder SEIC shares are up 28% this year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock.

Big Money All Over SEI

Institutional volumes reveal plenty. In the last year, SEIC has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in SEIC shares. They reflect our proprietary inflow signal, pushing the stock higher:

Plenty of financials names are under accumulation right now. But there’s a powerful fundamental story happening with SEI.

SEI Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, SEIC has had strong sales growth and profits:

• 3-year EPS growth rate (+5.7%)
• Profit margin (+24.1%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +10.4%.

Now it makes sense why the stock has been powering to new heights. SEIC has a track record of strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

SEI has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report multiple times in the last year. The blue bars below show when SEIC was a top pick…making shares jump:

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

SEI Price Prediction

The SEIC rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in SEIC at the time of publication.

If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here.