Capital Advisors Inc. OK Buys 65,868 Shares of Sea Limited (NYSE:SE)

Capital Advisors Inc. OK grew its holdings in Sea Limited (NYSE:SE - Free Report) by 34.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 256,722 shares of the Internet company based in Singapore's stock after purchasing an additional 65,868 shares during the period. Capital Advisors Inc. OK's holdings in SEA were worth $27,238,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Rosenberg Matthew Hamilton boosted its holdings in shares of SEA by 213.7% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 298 shares of the Internet company based in Singapore's stock valued at $28,000 after acquiring an additional 203 shares in the last quarter. Truvestments Capital LLC acquired a new stake in shares of SEA during the 3rd quarter valued at $41,000. Icon Wealth Advisors LLC acquired a new stake in shares of SEA during the 3rd quarter valued at $47,000. Geneos Wealth Management Inc. boosted 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 valued at $56,000 after acquiring an additional 513 shares in the last quarter. Finally, SOA Wealth Advisors LLC. boosted its holdings in shares of SEA by 33.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore's stock valued at $57,000 after acquiring an additional 150 shares in the last quarter. Institutional investors own 59.53% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on SE. Dbs Bank raised SEA from a "hold" rating to a "strong-buy" rating in a report on Wednesday, November 13th. Barclays lifted their target price on SEA from $94.00 to $131.00 and gave the stock an "overweight" rating in a report on Thursday, November 14th. Wedbush reaffirmed an "outperform" rating and set a $105.00 target price (up from $84.00) on shares of SEA in a report on Monday, November 4th. TD Cowen lifted their target price on SEA from $69.00 to $100.00 and gave the stock a "hold" rating in a report on Wednesday, November 13th. Finally, Phillip Securities reaffirmed a "reduce" rating and set a $100.00 target price (up from $80.00) on shares of SEA in a report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $91.21.

SEA Trading Up 1.2 %

Shares of NYSE:SE traded up $1.59 during midday trading on Friday, reaching $134.72. The company's stock had a trading volume of 3,762,520 shares, compared to its average volume of 3,200,215. Sea Limited has a fifty-two week low of $43.10 and a fifty-two week high of $135.06. The firm has a market capitalization of $77.10 billion, a price-to-earnings ratio of 898.11 and a beta of 1.55. The firm has a 50 day moving average price of $115.44 and a two-hundred day moving average price of $99.53. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62.

SEA (NYSE:SE - Get Free Report) last issued its earnings results on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 EPS for the quarter, missing analysts' consensus estimates of $0.59 by ($0.35). SEA had a net margin of 0.64% and a return on equity of 1.40%. The firm had revenue of $4.33 billion during the quarter, compared to the consensus estimate of $4.09 billion. During the same period in the previous year, the firm earned ($0.26) earnings per share. The business's quarterly revenue was up 30.8% on a year-over-year basis. As a group, analysts forecast that Sea Limited will post 0.8 earnings per share for the current year.

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.