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, 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:

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:

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:

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 and get access to the latest PDF format report on OZM at:

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:


Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  


SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: Phone number: +44 330 808 3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA