EPS for SEI Investments Co. (SEIC) Expected At $0.75; Flotek Industries (FTK) SI Decreased By 8.32%

June 20, 2018 - By Lawrence Diaz

Flotek Industries, Inc. (NYSE:FTK) Logo

Analysts expect SEI Investments Co. (NASDAQ:SEIC) to report $0.75 EPS on July, 25.They anticipate $0.18 EPS change or 31.58% from last quarter’s $0.57 EPS. SEIC’s profit would be $118.57M giving it 22.06 P/E if the $0.75 EPS is correct. After having $0.86 EPS previously, SEI Investments Co.’s analysts see -12.79% EPS growth. The stock increased 0.49% or $0.32 during the last trading session, reaching $66.19. About 91,779 shares traded. SEI Investments Co. (NASDAQ:SEIC) has risen 29.40% since June 20, 2017 and is uptrending. It has outperformed by 16.83% the S&P500. Some Historical SEIC News: ; 25/04/2018 – SEI Investments 1Q Rev $405.6M; 07/03/2018 – SEI & SYNECHRON JOIN FORCES FOR BLOCKCHAIN UTILIZATION; 11/04/2018 – SEI Investments Company (SEIC) : Company Profile and SWOT Analysis – ResearchAndMarkets.com; 25/04/2018 – SEI Investments 1Q Net $139.8M; 25/04/2018 – SEI 1Q REV. $405.6M, EST. $408.2M; 07/03/2018 SEI and Synechron Join Forces for Blockchain Utilization; 12/03/2018 – Demand for More Personalized Advice Prompts Financial Advisors to Shift Towards Coplanning Model, SEI Research Shows; 25/04/2018 – SEI Investments 1Q EPS 86c; 14/05/2018 – Bremer Bank Adopts SEI Wealth Platform; 30/05/2018 – SEI Adds $3.5 B in New OCIO Assets in Six Mos

Flotek Industries Inc (NYSE:FTK) had a decrease of 8.32% in short interest. FTK’s SI was 9.64 million shares in June as released by FINRA. Its down 8.32% from 10.51 million shares previously. With 681,100 avg volume, 14 days are for Flotek Industries Inc (NYSE:FTK)’s short sellers to cover FTK’s short positions. The SI to Flotek Industries Inc’s float is 19.79%. The stock increased 2.90% or $0.095 during the last trading session, reaching $3.375. About 146,059 shares traded. Flotek Industries, Inc. (NYSE:FTK) has declined 68.85% since June 20, 2017 and is downtrending. It has underperformed by 81.42% the S&P500. Some Historical FTK News: ; 21/03/2018 – Flotek Industries: Carla S. Hardy to Retire From Board on April 27; 23/04/2018 – Flotek Expects to Report Negative EBITDA for the 1Q; 23/04/2018 – DJ Flotek Industries Inc, Inst Holders, 1Q 2018 (FTK); 09/05/2018 – FLOTEK INDUSTRIES 1Q EPS $0, EST. LOSS/SHR 10C (2 EST.); 23/04/2018 – FLOTEK INDUSTRIES SEES 1Q REV. $59M TO $62M; 09/05/2018 – Flotek 1Q EPS 0c; 21/03/2018 – Flotek Industries: John S. Reiland to Resign From Board on April 27; 22/03/2018 – Flotek Industries Names Matthew Marietta EVP of Finance & Corporate Development; 22/03/2018 – FLOTEK REPORTS LEADERSHIP CHANGES; 21/03/2018 – FLOTEK INDUSTRIES-BOARD DETERMINED THAT IT WILL REDUCE TOTAL NUMBER OF DIRECTORS ON BOARD TO SIX FOLLOWING CARLA S. HARDY JOHN S. REILAND DEPARTURES

Since May 15, 2018, it had 4 insider buys, and 0 selling transactions for $240,010 activity. 10,216 shares were bought by SNIVELY JOSHUA A, worth $34,787 on Tuesday, May 15. On Tuesday, May 15 CHISHOLM JOHN bought $114,552 worth of Flotek Industries, Inc. (NYSE:FTK) or 33,600 shares. 20,000 shares were bought by Walton H. Richard, worth $67,684 on Wednesday, May 16. 6,850 shares were bought by Marietta Matthew B, worth $22,987 on Tuesday, May 15.

Investors sentiment increased to 1.06 in Q1 2018. Its up 0.36, from 0.7 in 2017Q4. It is positive, as 14 investors sold Flotek Industries, Inc. shares while 38 reduced holdings. 19 funds opened positions while 36 raised stakes. 44.28 million shares or 3.17% more from 42.92 million shares in 2017Q4 were reported. Moreover, Teton Advsr Incorporated has 0.02% invested in Flotek Industries, Inc. (NYSE:FTK). Parkside Comml Bank And owns 0% invested in Flotek Industries, Inc. (NYSE:FTK) for 75 shares. 300 were reported by Stratos Wealth Prtnrs. Moreover, Synovus Fincl Corp has 0% invested in Flotek Industries, Inc. (NYSE:FTK) for 1,609 shares. Balyasny Asset Llc, a Illinois-based fund reported 20,604 shares. Argent Ltd owns 175,175 shares. State Of Alaska Department Of Revenue has invested 0% of its portfolio in Flotek Industries, Inc. (NYSE:FTK). Millennium Management Ltd Liability holds 255,731 shares or 0% of its portfolio. Manufacturers Life Insur The has invested 0% in Flotek Industries, Inc. (NYSE:FTK). State Street Corp holds 1.29 million shares or 0% of its portfolio. Barrow Hanley Mewhinney And Strauss Ltd has 0.02% invested in Flotek Industries, Inc. (NYSE:FTK). The Michigan-based Comerica Bancorp has invested 0% in Flotek Industries, Inc. (NYSE:FTK). Federated Investors Inc Pa reported 0% in Flotek Industries, Inc. (NYSE:FTK). Rice Hall James Associate Limited Liability holds 25,733 shares. Disciplined Growth Investors Inc Mn reported 0.19% stake.

Among 6 analysts covering Flotek Industries (NYSE:FTK), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Flotek Industries had 13 analyst reports since July 27, 2015 according to SRatingsIntel. Oppenheimer maintained it with “Perform” rating and $18 target in Wednesday, October 7 report. The rating was upgraded by Seaport Global Securities on Wednesday, January 20 to “Speculative Buy”. The company was upgraded on Tuesday, September 22 by Vetr. Seaport Global maintained it with “Buy” rating and $7.0 target in Wednesday, January 17 report. Seaport Global maintained Flotek Industries, Inc. (NYSE:FTK) rating on Tuesday, April 24. Seaport Global has “Buy” rating and $500 target. The stock has “Perform” rating by Oppenheimer on Monday, July 27. The firm has “Buy” rating by KLR Group given on Monday, December 14. The firm has “Strong-Buy” rating by Vetr given on Friday, August 28. On Tuesday, February 27 the stock rating was maintained by Seaport Global with “Buy”. Vetr downgraded Flotek Industries, Inc. (NYSE:FTK) rating on Thursday, August 6. Vetr has “Buy” rating and $17.89 target.

Flotek Industries, Inc. develops and supplies chemistry and services to the gas and oil industries in the United States and internationally. The company has market cap of $191.91 million. It operates through two divisions, Energy Chemistry Technologies and Consumer and Industrial Chemistry Technologies. It currently has negative earnings. The Energy Chemistry Technologies segment is involved in the design, development, manufacture, packaging, and marketing of chemistries under the Complex nano-Fluid brand name for use in gas and oil well drilling, cementing, completion, stimulation, and production activities, as well as for use in enhanced and improved oil recovery markets.

Investors sentiment decreased to 1.09 in 2018 Q1. Its down 0.16, from 1.25 in 2017Q4. It turned negative, as 22 investors sold SEI Investments Co. shares while 121 reduced holdings. 43 funds opened positions while 113 raised stakes. 109.13 million shares or 1.20% more from 107.84 million shares in 2017Q4 were reported. Bb&T Corp owns 98,820 shares or 0.14% of their US portfolio. Btim reported 0.19% stake. 36,000 were accumulated by New Mexico Educational Retirement Board. Envestnet Asset Inc accumulated 21,097 shares. Schroder Invest Mngmt Grp invested in 0% or 2,530 shares. Wagner Bowman Mngmt reported 4,000 shares. 35,136 were reported by Aperio Group Ltd Liability Corporation. Natixis holds 0.13% of its portfolio in SEI Investments Co. (NASDAQ:SEIC) for 285,550 shares. Miles Capital Incorporated reported 21,834 shares. Tiaa Cref Invest Mngmt Limited Liability Corporation owns 750,018 shares for 0.04% of their portfolio. City Holding invested in 234 shares or 0.01% of the stock. Jefferies Grp Llc reported 0.01% in SEI Investments Co. (NASDAQ:SEIC). Community Retail Bank Na accumulated 207 shares or 0% of the stock. New York-based Ibm Retirement Fund has invested 0.04% in SEI Investments Co. (NASDAQ:SEIC). State Teachers Retirement Systems has 0.04% invested in SEI Investments Co. (NASDAQ:SEIC).

Since February 9, 2018, it had 0 insider buys, and 19 insider sales for $22.17 million activity. Ujobai Joseph P sold $1.46M worth of SEI Investments Co. (NASDAQ:SEIC) on Friday, February 9. 20,000 shares valued at $1.48M were sold by Klauder N Jeffrey on Friday, February 16. Meyer Stephen had sold 5,052 shares worth $391,631. On Monday, February 26 ROMEO CARMEN sold $1.11M worth of SEI Investments Co. (NASDAQ:SEIC) or 15,000 shares. CRUDUP ROBERT also sold $1.90 million worth of SEI Investments Co. (NASDAQ:SEIC) on Monday, March 5. 30,000 shares were sold by MCGONIGLE DENNIS, worth $2.30M on Friday, March 9. Shares for $735,200 were sold by KLAUDER PAUL on Friday, February 16.

SEI Investments Co. (NASDAQ:SEIC) Institutional Positions Chart

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