Artisan Partners Limited Partnership Has $543.30 Million Stake in Sea Limited (NYSE:SE)

Artisan Partners Limited Partnership lessened its holdings in shares of Sea Limited (NYSE:SE - Free Report) by 7.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,120,641 shares of the Internet company based in Singapore's stock after selling 420,085 shares during the quarter. Artisan Partners Limited Partnership owned 0.89% of SEA worth $543,300,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of SE. Farther Finance Advisors LLC boosted its position in shares of SEA by 43.8% in the fourth quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock worth $39,000 after buying an additional 112 shares during the period. SOA Wealth Advisors LLC. boosted its holdings in SEA by 33.3% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore's stock worth $57,000 after acquiring an additional 150 shares during the period. TD Private Client Wealth LLC grew its position in SEA by 33.7% in the third quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore's stock valued at $57,000 after acquiring an additional 152 shares in the last quarter. Ballentine Partners LLC raised its stake in shares of SEA by 5.6% during the fourth quarter. Ballentine Partners LLC now owns 2,970 shares of the Internet company based in Singapore's stock valued at $315,000 after purchasing an additional 158 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its position in shares of SEA by 2.6% during the third quarter. Integrated Wealth Concepts LLC now owns 6,357 shares of the Internet company based in Singapore's stock worth $599,000 after purchasing an additional 160 shares in the last quarter. Hedge funds and other institutional investors own 59.53% of the company's stock.

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Analyst Upgrades and Downgrades

Several research firms recently issued reports on SE. UBS Group lifted their price target on shares of SEA from $135.00 to $176.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. Phillip Securities upgraded SEA from a "moderate sell" rating to a "hold" rating in a research note on Friday, March 7th. JPMorgan Chase & Co. lifted their price objective on SEA from $133.00 to $160.00 and gave the stock an "overweight" rating in a report on Wednesday, March 5th. Arete Research upgraded SEA to a "strong-buy" rating in a research note on Sunday, March 23rd. Finally, Jefferies Financial Group upped their price target on shares of SEA from $131.00 to $157.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. Three analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, SEA currently has an average rating of "Moderate Buy" and a consensus target price of $116.67.

SEA Price Performance

SEA stock traded down $2.61 during trading hours on Friday, hitting $130.96. 3,271,184 shares of the company traded hands, compared to its average volume of 4,576,118. The firm's 50-day simple moving average is $127.28 and its two-hundred day simple moving average is $111.49. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. The firm has a market cap of $74.95 billion, a P/E ratio of 873.05 and a beta of 1.62. Sea Limited has a 1-year low of $51.70 and a 1-year high of $147.73.

SEA Company Profile

Sea Ltd. is an internet and mobile platform company, which engages in the provision of online gaming services. It operates through the following segments: Digital Entertainment, E-Commerce, and Digital Financial Services. The Digital Entertainment segment offers and develops mobile and PC online games.