7,500 Shares in Sea Limited (NYSE:SE) Acquired by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Sea Limited (NYSE:SE - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 7,500 shares of the Internet company based in Singapore's stock, valued at approximately $707,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Duquesne Family Office LLC purchased a new stake in SEA in the 2nd quarter worth approximately $4,778,000. WCM Investment Management LLC boosted its holdings in SEA by 35.9% during the third quarter. WCM Investment Management LLC now owns 20,902,378 shares of the Internet company based in Singapore's stock worth $1,971,303,000 after buying an additional 5,517,559 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its position in SEA by 1.8% during the third quarter. Robeco Institutional Asset Management B.V. now owns 404,096 shares of the Internet company based in Singapore's stock valued at $38,098,000 after buying an additional 7,175 shares during the period. Toronto Dominion Bank increased its holdings in SEA by 28.2% in the second quarter. Toronto Dominion Bank now owns 892,969 shares of the Internet company based in Singapore's stock valued at $63,776,000 after buying an additional 196,506 shares in the last quarter. Finally, Kaizen Investment Management Pte. Ltd. acquired a new position in shares of SEA in the third quarter worth about $587,544,000. 59.53% of the stock is currently owned by institutional investors and hedge funds.

SEA Trading Down 2.8 %

Shares of NYSE SE traded down $3.29 during trading on Friday, hitting $113.04. 3,176,740 shares of the company were exchanged, compared to its average volume of 4,453,173. The company has a fifty day moving average price of $97.40 and a 200-day moving average price of $81.00. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. The firm has a market capitalization of $64.70 billion, a PE ratio of 753.60 and a beta of 1.52. Sea Limited has a 12-month low of $34.35 and a 12-month high of $117.85.

SEA (NYSE:SE - Get Free Report) last posted its earnings results on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.35). The firm had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.09 billion. SEA had a net margin of 0.64% and a return on equity of 1.40%. The business's revenue for the quarter was up 30.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.26) earnings per share. As a group, equities research analysts expect that Sea Limited will post 0.81 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Benchmark raised their target price on SEA from $94.00 to $130.00 and gave the company a "buy" rating in a research report on Wednesday, November 13th. JPMorgan Chase & Co. upgraded SEA from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $66.00 to $90.00 in a research report on Wednesday, August 14th. Phillip Securities reiterated a "reduce" rating and set a $100.00 target price (up previously from $80.00) on shares of SEA in a research report on Tuesday, November 19th. Bank of America boosted their price target on shares of SEA from $84.00 to $96.00 and gave the stock a "buy" rating in a report on Monday, September 23rd. Finally, Wedbush reaffirmed an "outperform" rating and set a $105.00 price objective (up from $84.00) on shares of SEA in a report on Monday, November 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $91.21.

SEA Company Profile

Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally. It offers Garena digital entertainment platform for users to access mobile and PC online games, as well as promotes eSports operations.