How These Asset Management Stocks are Faring? -- Legg Mason, Eaton Vance, Och-Ziff Capital Management, and SEI Investments

Aug 11, 2016, 08:20 ET from Chelmsford Park SA

NEW YORK, August 11, 2016 /PRNewswire/ --

New competitors, shifts in client preferences, and rising costs are some of the biggest challenges faced by Asset Managers. Despite inconsistencies in its overall performance, Stock-Callers.com reviews four names in this segment: Legg Mason Inc. (NYSE: LM), Eaton Vance Corp. (NYSE: EV), Och-Ziff Capital Management Group LLC (NYSE: OZM), and SEI Investments Co. (NASDAQ: SEIC). Register now and get full and free access to our downloadable research reports on these stocks at:

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Legg Mason  

Shares in Baltimore, Maryland-based Legg Mason Inc. ended Wednesday's session at $33.90, climbing 0.27%. The stock recorded a trading volume of 1.12 million shares. The Company's shares have gained 8.45% in the last one month and 10.81% in the previous three months. The stock is trading 5.78% above its 50-day moving average. Moreover, shares of Legg Mason, which provides investment management and related services to institutional and individual clients, company-sponsored mutual funds and other pooled investment vehicles through its wholly owned subsidiaries, have a Relative Strength Index (RSI) of 58.25.

On August 10th, 2016, Legg Mason reported preliminary assets under management (AUM) of approximately $756.6 billion as of July 31st, 2016. The AUM included long-term outflows of $0.5 billion, driven by alternative of $1.1 billion and equity of $0.8 billion, largely offset by fixed income inflows of $1.4 billion. Liquidity inflows were $2 billion and this month's AUM included a positive foreign exchange impact of $0.8 billion. Access our complete research report on LM for free at:

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Eaton Vance  

Boston, Massachusetts headquartered Eaton Vance Corp.'s stock rose 0.05%, closing the day at $38.32 with a total volume of 465,984 shares traded. The Company's shares have advanced 5.33% in the last month, 11.90% in the previous three months, and 21.01% since the start of this year. The stock is trading 6.01% above its 50-day moving average and 15.22% above its 200-day moving average. Additionally, shares of Eaton Vance, which through its subsidiaries, engages in the creation, marketing, and management of investment funds in the US, have an RSI of 63.60.

On August 10th, 2016, Eaton Vance announced that it will host a conference call and webcast at 11:00 AM ET on August 17th, 2016 to discuss financial results for the fiscal quarter ended July 31st, 2016. The call will follow a news release announcing third Q3 earnings that will be issued at approximately 9:00 AM ET on the same day. The complimentary research report on EV can be downloaded at:

http://stock-callers.com/registration/?symbol=EV

Och-Ziff Capital Management Group  

On Wednesday, shares in New York-based Och-Ziff Capital Management Group LLC recorded a trading volume of 768,929 shares, which was higher than their three months average volume of 729,440 shares. The stock ended the day 0.84% lower at $3.55. The Company's shares have gained 2.31% in the past month and are trading below their 50-day moving average by 4.14%. Furthermore, shares of Och-Ziff Capital Management Group, which provides investment advisory services for its clients, have an RSI of 50.12.

On July 21st, 2016, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $7 a share to $5 a share.

On August 2nd, 2016, Och-Ziff reported GAAP net loss of $78.6 million, or $0.43 per basic and $0.44 per diluted Class A Share, for Q2 2016 compared to GAAP net income allocated to Class A Shareholders of $4.8 million, or $0.03 per basic and diluted Class A Share, for Q2 2015. The company's Assets under management totaled $42.0 billion as of June 30th, 2016, declining 12% on y-o-y primarily due to net outflows from the company's multi-strategy funds. The Register for free on Stock-Callers.com and get access to the latest PDF format report on OZM at:

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SEI Investments  

Oaks, Pennsylvania-based SEI Investments Co.'s stock saw a decline of 1.14%, finishing yesterday's session at $45.94 and with a total volume of 261,620 shares traded. Shares of the Company, which provides wealth management and investment advisory services to its clients through its subsidiaries, are trading below their 200-day moving average by 2.07%. The stock has an RSI of 39.70.

On August 03rd, 2016, SEI announced that Centier Bank has extended its contract with the company for an additional three years. The new agreement will continue the successful relationship between the two companies until at least 2020. Centier has been a SEI client for 18 years and was converted to the SEI Wealth Platform in January 2013. At that time, Centier was the first U.S. bank client to adopt SEI's fully-integrated, single-infrastructure wealth management platform. Through the extension of this strategic partnership, SEI will continue to provide Centier with investment and back-office core processing services, as well as outsourced management services and client services solutions. Download your free research report on SEIC at:

http://stock-callers.com/registration/?symbol=SEIC

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SOURCE Chelmsford Park SA