Diversified Trust Co Has $2.16 Million Stock Holdings in Sea Limited (NYSE:SE)

Diversified Trust Co increased its position in shares of Sea Limited (NYSE:SE - Free Report) by 84.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,326 shares of the Internet company based in Singapore's stock after buying an additional 9,309 shares during the period. Diversified Trust Co's holdings in SEA were worth $2,157,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in SE. Rosenberg Matthew Hamilton increased 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 worth $28,000 after acquiring an additional 203 shares during the last quarter. Truvestments Capital LLC bought a new position in SEA during the third quarter worth $41,000. Icon Wealth Advisors LLC acquired a new position in shares of SEA in the third quarter valued at $47,000. SOA Wealth Advisors LLC. raised its position in shares of SEA by 33.3% in the third quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore's stock valued at $57,000 after purchasing an additional 150 shares during the period. Finally, TD Private Client Wealth LLC raised its position in shares of SEA by 33.7% in the third quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore's stock valued at $57,000 after purchasing an additional 152 shares during the period. Institutional investors and hedge funds own 59.53% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on SE. Wedbush reiterated an "outperform" rating and issued a $105.00 price target (up previously from $84.00) on shares of SEA in a research note on Monday, November 4th. Bank of America upped their target price on SEA from $84.00 to $96.00 and gave the company a "buy" rating in a research report on Monday, September 23rd. TD Cowen increased their target price on SEA from $69.00 to $100.00 and gave the stock a "hold" rating in a research note on Wednesday, November 13th. Phillip Securities restated a "reduce" rating and issued a $100.00 price target (up from $80.00) on shares of SEA in a research note on Tuesday, November 19th. Finally, Dbs Bank upgraded SEA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $91.21.

SEA Price Performance

SE traded up $2.68 on Wednesday, hitting $109.10. 3,120,969 shares of the stock were exchanged, compared to its average volume of 3,790,919. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. Sea Limited has a 12 month low of $34.35 and a 12 month high of $119.47. The firm has a market capitalization of $62.44 billion, a price-to-earnings ratio of 727.33 and a beta of 1.54. The business has a 50-day moving average of $108.91 and a two-hundred day moving average of $90.52.

SEA (NYSE:SE - Get Free Report) last posted 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). SEA had a return on equity of 1.40% and a net margin of 0.64%. The firm had revenue of $4.33 billion for the quarter, compared to analyst estimates of $4.09 billion. During the same quarter in the prior year, the business posted ($0.26) EPS. The business's revenue was up 30.8% on a year-over-year basis. Sell-side analysts forecast that Sea Limited will post 0.81 EPS for the current fiscal year.

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.