Capital International Sarl Has $2.42 Million Holdings in Sea Limited (NYSE:SE)

Capital International Sarl raised its position in shares of Sea Limited (NYSE:SE - Free Report) by 43.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,832 shares of the Internet company based in Singapore's stock after buying an additional 6,879 shares during the period. Capital International Sarl's holdings in SEA were worth $2,422,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. CANADA LIFE ASSURANCE Co lifted its stake in shares of SEA by 0.8% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 284,005 shares of the Internet company based in Singapore's stock valued at $30,097,000 after acquiring an additional 2,220 shares during the period. Strategic Investment Solutions Inc. IL bought a new position in shares of SEA in the 4th quarter valued at about $147,000. Wasatch Advisors LP grew its position in shares of SEA by 5.6% during the 4th quarter. Wasatch Advisors LP now owns 1,624,984 shares of the Internet company based in Singapore's stock worth $172,411,000 after buying an additional 86,181 shares during the period. NewEdge Advisors LLC raised its stake in shares of SEA by 9.2% during the fourth quarter. NewEdge Advisors LLC now owns 14,266 shares of the Internet company based in Singapore's stock worth $1,514,000 after buying an additional 1,200 shares during the last quarter. Finally, Jump Financial LLC lifted its holdings in SEA by 701.5% in the fourth quarter. Jump Financial LLC now owns 235,272 shares of the Internet company based in Singapore's stock valued at $24,962,000 after buying an additional 205,919 shares during the period. 59.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently commented on SE. Jefferies Financial Group upped their price objective on SEA from $131.00 to $157.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. Benchmark increased their price target on shares of SEA from $130.00 to $150.00 and gave the company a "buy" rating in a research report on Wednesday, March 5th. Arete Research upgraded shares of SEA to a "strong-buy" rating in a report on Sunday, March 23rd. UBS Group increased their target price on shares of SEA from $135.00 to $176.00 and gave the stock a "buy" rating in a report on Friday, March 7th. Finally, JPMorgan Chase & Co. cut shares of SEA from an "overweight" rating to a "neutral" rating and lowered their price objective for the company from $160.00 to $135.00 in a research report on Wednesday, April 16th. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $125.43.

SEA Stock Performance

Shares of SEA stock traded up $2.53 during trading on Thursday, hitting $122.98. 2,852,902 shares of the stock were exchanged, compared to its average volume of 4,827,311. Sea Limited has a 1-year low of $55.00 and a 1-year high of $147.73. The stock has a market capitalization of $70.39 billion, a price-to-earnings ratio of 820.35 and a beta of 1.73. The company has a fifty day moving average price of $125.54 and a 200-day moving average price of $115.27. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36.

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.