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Stock impact report

SEI Investments Q4 Earnings Call Highlights [Yahoo! Finance]

SEI Investments Company (SEIC) 
Last sei investments company earnings: 4/23 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: seic.com/investor-relations
Company Research Source: Yahoo! Finance
about (mainly severance and M&A fees) while adjusted operating margins rose materially. Broad-based momentum and flows: Total sales events were $44 million (with $28M in Private Banking and $20M in IMS), AUA/AUM grew ~3%/2%, and the advisor business moved upmarket, delivering its best net inflow year in over a decade. Capital allocation and Stratos update: SEI repurchased $101 million in Q4 and $616 million for the year (~6% of shares), ended the year with $400M cash and no debt while pledging to return 90–100% of free cash flow; Stratos contributed about $5M of revenue and just under $1M of operating income in Q4 with further acquisitions planned. Interested in SEI Investments Company? Here are five stocks we like better. 3 Mid-Cap to Mega-Cap Stocks Have Announced Significant Buybacks SEI Investments (NASDAQ:SEIC) reported what management called an “exceptional” fourth quarter, closing out what CEO Ryan Hicke described as one of the strongest years in the company's 58-year Show less Read more
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