BNP Paribas Has $1.63 Million Holdings in Sea Limited (NYSE:SE)

BNP Paribas increased its holdings in Sea Limited (NYSE:SE - Free Report) by 103.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,332 shares of the Internet company based in Singapore's stock after buying an additional 8,829 shares during the period. BNP Paribas' holdings in SEA were worth $1,634,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in SE. Baillie Gifford & Co. increased its holdings in SEA by 15.5% in the 3rd quarter. Baillie Gifford & Co. now owns 39,564,018 shares of the Internet company based in Singapore's stock valued at $3,730,096,000 after buying an additional 5,295,590 shares during the period. WCM Investment Management LLC increased its stake in SEA by 35.9% in the third quarter. WCM Investment Management LLC now owns 20,902,378 shares of the Internet company based in Singapore's stock valued at $1,971,303,000 after acquiring an additional 5,517,559 shares during the last quarter. Kaizen Investment Management Pte. Ltd. acquired a new position in SEA during the third quarter valued at approximately $587,544,000. Eminence Capital LP lifted its stake in SEA by 45.2% during the second quarter. Eminence Capital LP now owns 4,522,441 shares of the Internet company based in Singapore's stock worth $322,993,000 after purchasing an additional 1,408,314 shares during the last quarter. Finally, Prudential PLC boosted its holdings in shares of SEA by 6.7% in the 2nd quarter. Prudential PLC now owns 3,649,862 shares of the Internet company based in Singapore's stock valued at $260,673,000 after purchasing an additional 229,500 shares in the last quarter. 59.53% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

SE has been the subject of a number of research analyst reports. Benchmark boosted their price target on SEA from $94.00 to $130.00 and gave the stock a "buy" rating in a report on Wednesday, November 13th. Bank of America raised their price target on shares of SEA from $84.00 to $96.00 and gave the company a "buy" rating in a research note on Monday, September 23rd. JPMorgan Chase & Co. upgraded shares of SEA from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $66.00 to $90.00 in a research report on Wednesday, August 14th. Barclays increased their price objective on shares of SEA from $94.00 to $131.00 and gave the company an "overweight" rating in a research note on Thursday, November 14th. Finally, Wedbush reaffirmed an "outperform" rating and set a $105.00 target price (up previously from $84.00) on shares of SEA in a research note on Monday, November 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, SEA has a consensus rating of "Moderate Buy" and a consensus price target of $91.21.

SEA Trading Up 1.6 %

SEA stock traded up $1.78 during trading hours on Wednesday, reaching $115.71. 2,985,891 shares of the company's stock were exchanged, compared to its average volume of 5,374,637. Sea Limited has a twelve month low of $34.35 and a twelve month high of $117.85. 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's 50 day simple moving average is $98.75 and its 200 day simple moving average is $81.90. The firm has a market capitalization of $66.23 billion, a PE ratio of 759.40 and a beta of 1.52.

SEA (NYSE:SE - Get Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.35). The business 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%. SEA's quarterly revenue was up 30.8% compared to the same quarter last year. During the same period last year, the firm posted ($0.26) earnings per share. Research analysts predict that Sea Limited will post 0.81 earnings per share for the current year.

SEA 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.