01.12.2016 14:05:00

Research Reports Initiation on Asset Management Stocks -- Lazard, Central Fund of Canada, SEI Investments, and Fortress Investment

NEW YORK, December 1, 2016 /PRNewswire/ --

On Wednesday, November 30, 2016, benchmark indices were mainly in bearish territories as the NASDAQ Composite ended the trading session at 5,323.68, down 1.05%, and the S&P 500 closing at 2,198.81, down 0.27%. The Dow Jones Industrial Average managed to stay in green as it edged 0.01% higher, to finish at 19,123.58. Pre-market today, Stock-Callers.com looks at the performance of the following Asset Management equities: Lazard Ltd (NYSE: LAZ), Central Fund of Canada Ltd (NYSE MKT: CEF), SEI Investments Company (NASDAQ: SEIC), and Fortress Investment Group LLC (NYSE: FIG). You can access of our complimentary research reports on these stocks now at:

http://stock-callers.com/registration

Lazard

On Wednesday, shares in Hamilton, Bermuda-based Lazard Ltd ended the session 0.28% higher at $38.85 with a total volume of 1.11 million shares traded. Lazard's shares have advanced 7.65% in the last one month and 5.99% in the previous three months. Shares of the Company, which together with its subsidiaries, operates as a financial advisory and asset management firm worldwide, are trading at a PE ratio of 12.36. The stock is trading 5.50% above its 50-day moving average and 11.14% above its 200-day moving average. Moreover, the Company's shares have a Relative Strength Index (RSI) of 54.20.

On November 21st, 2016, research firm Credit Suisse resumed its 'Outperform' rating on the Company's stock. Visit us today and download your complete report on LAZ for free at:

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


Central Fund of Canada

On Wednesday, shares in Canada-domiciled Central Fund of Canada Ltd recorded a trading volume of 1.40 million shares, which was higher than their three months average volume of 850,320 shares. The stock ended the day 1.68% lower at $11.72. Shares of the Company, which invests in the commodity markets, are trading at a PE ratio of 3.63. Central Fund of Canada's stock has gained 15.78% in the past one year. The Company is trading below its 50-day and 200-day moving averages by 10.86% and 10.88%, respectively. Furthermore, shares of Central Fund of Canada have an RSI of 26.06. The complimentary research report on CEF can be accessed at:


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


SEI Investments

Oaks, Pennsylvania-based SEI Investments Co.'s stock finished Wednesday's session 0.51% lower at $47.18 with a total volume of 802,918 shares traded. Over the last one month and the previous three months, SEI Investments' shares have advanced 6.43% and 2.34%, respectively. Shares of the Company, which through its subsidiaries, provides wealth management, retirement and investment solutions, asset management, asset administration, investment processing outsourcing solutions, financial services, and investment advisory services to its clients, are trading above its 50-day and 200-day moving averages by 3.57% and 2.91%, respectively. SEI Investments' stock traded at a PE ratio of 23.96 and has an RSI of 55.91. Register for free on Stock-Callers.com and download the PDF research report on SEIC at:

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


Fortress Investment Group

New York City-based Fortress Investment Group LLC's stock advanced 2.98%, to close the day at $5.18. The stock recorded a trading volume of 754,338 shares, which was above its three months average volume of 563,260 shares. Fortress Investment's shares have advanced 4.58% in the last one month, 8.22% in the previous three months, and 6.60% in the past one year. Shares of the Company, which provides its services to pooled investment vehicles, pension and profit sharing plans, corporations, institutional managed accounts and structured products, banking or thrift institutions, investment companies, charitable organizations, and state or municipal government entities, are trading 4.05% and 10.53% above its 50-day and 200-day moving averages, respectively. Additionally, the stock traded at a PE ratio of 24.43 and has an RSI of 57.59. Get free access to your research report on FIG at:

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

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