J. Safra Sarasin Holding AG Makes New Investment in Sea Limited (NYSE:SE)

J. Safra Sarasin Holding AG purchased a new stake in Sea Limited (NYSE:SE - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 4,874 shares of the Internet company based in Singapore's stock, valued at approximately $517,000.

Other large investors have also recently made changes to their positions in the company. Private Trust Co. NA grew its holdings in SEA by 474.4% in the fourth quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock worth $26,000 after purchasing an additional 204 shares during the last quarter. Kestra Investment Management LLC purchased a new position in SEA during the 4th quarter worth $34,000. Farther Finance Advisors LLC increased its position in SEA by 43.8% during the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock valued at $39,000 after buying an additional 112 shares in the last quarter. Huntington National Bank raised its stake in SEA by 783.6% in the fourth quarter. Huntington National Bank now owns 486 shares of the Internet company based in Singapore's stock valued at $52,000 after buying an additional 431 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in SEA by 4,663.6% in the fourth quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore's stock worth $56,000 after acquiring an additional 513 shares in the last quarter. 59.53% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Wedbush reiterated an "outperform" rating and issued a $135.00 target price on shares of SEA in a research note on Tuesday, April 15th. Sanford C. Bernstein set a $145.00 price target on SEA and gave the company an "outperform" rating in a research note on Wednesday, March 5th. Phillip Securities upgraded SEA from a "moderate sell" rating to a "hold" rating in a research note on Friday, March 7th. JPMorgan Chase & Co. cut shares of SEA from an "overweight" rating to a "neutral" rating and reduced their target price for the stock from $160.00 to $135.00 in a report on Wednesday, April 16th. Finally, Jefferies Financial Group upped their price target on shares of SEA from $131.00 to $157.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. Four analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $125.43.

SEA Price Performance

SEA stock opened at $120.42 on Thursday. The stock has a market capitalization of $68.92 billion, a P/E ratio of 802.80 and a beta of 1.73. The company's fifty day moving average price is $125.54 and its 200 day moving average price is $115.27. 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 Limited has a 1 year low of $55.00 and a 1 year high of $147.73.

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.

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