WDR - SEI Investments: A Wonderful Business At An Attractive Price
Source: seic.com.
Overview
Pennsylvania-based SEI Investments (SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. What makes this company interesting is that it is both a financial software provider and an investment management shop.
The company generated superior ROIC consistently over recent years and is expected by the Street to grow by approximately 10%. At the same time, the share looks undervalued in light of the price multiples over the past few years,