Blue Trust Inc. Has $207,000 Stake in Sea Limited (NYSE:SE)

Blue Trust Inc. cut its stake in Sea Limited (NYSE:SE - Free Report) by 80.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,950 shares of the Internet company based in Singapore's stock after selling 8,162 shares during the period. Blue Trust Inc.'s holdings in SEA were worth $207,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Roman Butler Fullerton & Co. grew its position in shares of SEA by 89.0% during the 4th quarter. Roman Butler Fullerton & Co. now owns 13,284 shares of the Internet company based in Singapore's stock worth $1,517,000 after buying an additional 6,257 shares during the period. AustralianSuper Pty Ltd grew its holdings in SEA by 9.2% during the fourth quarter. AustralianSuper Pty Ltd now owns 14,458 shares of the Internet company based in Singapore's stock valued at $1,534,000 after purchasing an additional 1,219 shares during the period. Vontobel Holding Ltd. grew its holdings in SEA by 22.8% during the fourth quarter. Vontobel Holding Ltd. now owns 31,657 shares of the Internet company based in Singapore's stock valued at $3,359,000 after purchasing an additional 5,874 shares during the period. Clarity Capital Partners LLC grew its holdings in SEA by 20.9% during the fourth quarter. Clarity Capital Partners LLC now owns 3,402 shares of the Internet company based in Singapore's stock valued at $361,000 after purchasing an additional 588 shares during the period. Finally, Marks Group Wealth Management Inc grew its holdings in SEA by 11.8% during the fourth quarter. Marks Group Wealth Management Inc now owns 8,068 shares of the Internet company based in Singapore's stock valued at $856,000 after purchasing an additional 851 shares during the period. 59.53% of the stock is owned by institutional investors.

SEA Stock Performance

Shares of NYSE SE traded down $3.62 during mid-day trading on Friday, reaching $129.21. 2,299,314 shares of the company were exchanged, compared to its average volume of 3,532,329. The company's 50-day simple moving average is $117.09 and its 200-day simple moving average is $101.52. 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 stock has a market capitalization of $73.95 billion, a P/E ratio of 858.90 and a beta of 1.55. Sea Limited has a twelve month low of $43.27 and a twelve month high of $139.18.

Wall Street Analyst Weigh In

SE has been the subject of several research analyst reports. Benchmark upped their price target on shares of SEA from $94.00 to $130.00 and gave the company a "buy" rating in a report on Wednesday, November 13th. Wedbush reiterated an "outperform" rating and issued a $105.00 price target (up previously from $84.00) on shares of SEA in a report on Monday, November 4th. TD Cowen upped their price target on shares of SEA from $69.00 to $100.00 and gave the company a "hold" rating in a report on Wednesday, November 13th. Phillip Securities reiterated a "reduce" rating and issued a $100.00 price target (up previously from $80.00) on shares of SEA in a report on Tuesday, November 19th. Finally, Barclays upped their price target on shares of SEA from $94.00 to $131.00 and gave the company an "overweight" rating in a report on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, SEA currently has an average rating of "Moderate Buy" and a consensus price target of $91.21.

About SEA

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.