Bank Julius Baer & Co. Ltd Zurich Purchases Shares of 13,339 Sea Limited (NYSE:SE)

Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Sea Limited (NYSE:SE - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 13,339 shares of the Internet company based in Singapore's stock, valued at approximately $1,562,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SE. Private Trust Co. NA increased its holdings in shares of SEA by 474.4% during the 4th quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock worth $26,000 after buying an additional 204 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in shares of SEA during the 4th quarter worth $34,000. Truvestments Capital LLC acquired a new stake in shares of SEA during the 3rd quarter worth $41,000. Icon Wealth Advisors LLC acquired a new stake in shares of SEA during the 3rd quarter worth $47,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of SEA by 4,663.6% during the 4th quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore's stock worth $56,000 after buying an additional 513 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.

SEA Stock Performance

NYSE:SE opened at $135.93 on Monday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. The firm has a 50-day moving average of $121.27 and a two-hundred day moving average of $106.53. The stock has a market cap of $77.80 billion, a P/E ratio of 906.18 and a beta of 1.62. Sea Limited has a 1-year low of $51.70 and a 1-year high of $147.73.

Analysts Set New Price Targets

A number of analysts have recently commented on SE shares. Barclays upped their price objective on SEA from $148.00 to $182.00 and gave the stock an "overweight" rating in a report on Friday. Benchmark increased their price target on SEA from $130.00 to $150.00 and gave the company a "buy" rating in a report on Wednesday, March 5th. Jefferies Financial Group increased their price target on SEA from $131.00 to $157.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. Dbs Bank upgraded SEA from a "hold" rating to a "strong-buy" rating in a report on Wednesday, November 13th. Finally, JPMorgan Chase & Co. increased their price target on SEA from $133.00 to $160.00 and gave the company an "overweight" rating in a report on Wednesday, March 5th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $111.67.

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SEA 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.

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