Sea Limited (NYSE:SE) is Keystone Investors PTE Ltd.'s 4th Largest Position

Keystone Investors PTE Ltd. increased its holdings in shares of Sea Limited (NYSE:SE - Free Report) by 11.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 932,634 shares of the Internet company based in Singapore's stock after purchasing an additional 92,459 shares during the period. SEA accounts for 6.9% of Keystone Investors PTE Ltd.'s investment portfolio, making the stock its 4th largest holding. Keystone Investors PTE Ltd. owned 0.16% of SEA worth $98,952,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Perpetual Ltd grew its stake in shares of SEA by 3,033.0% in the 4th quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore's stock valued at $222,598,000 after purchasing an additional 2,031,038 shares during the last quarter. Ninety One UK Ltd grew its position in SEA by 1,673.2% in the 4th quarter. Ninety One UK Ltd now owns 1,243,888 shares of the Internet company based in Singapore's stock valued at $131,977,000 after buying an additional 1,173,738 shares during the last quarter. M&T Bank Corp increased its stake in SEA by 2,163.9% in the 3rd quarter. M&T Bank Corp now owns 74,505 shares of the Internet company based in Singapore's stock valued at $7,024,000 after buying an additional 71,214 shares during the period. PNC Financial Services Group Inc. increased its stake in SEA by 322.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 37,327 shares of the Internet company based in Singapore's stock valued at $3,519,000 after buying an additional 28,499 shares during the period. Finally, SeaTown Holdings Pte. Ltd. purchased a new position in SEA during the 4th quarter worth $4,821,000. 59.53% of the stock is owned by hedge funds and other institutional investors.

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SEA Price Performance

Shares of SEA stock traded down $2.61 on Friday, hitting $130.96. The company's stock had a trading volume of 3,271,184 shares, compared to its average volume of 4,576,118. 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 has a fifty day moving average price of $127.28 and a 200-day moving average price of $111.49. Sea Limited has a 52-week low of $51.70 and a 52-week high of $147.73. The company has a market capitalization of $74.95 billion, a P/E ratio of 873.05 and a beta of 1.62.

Analyst Ratings Changes

Several analysts have recently weighed in on SE shares. UBS Group lifted their target price on shares of SEA from $135.00 to $176.00 and gave the company a "buy" rating in a report on Friday, March 7th. Benchmark lifted their price objective on SEA from $130.00 to $150.00 and gave the company a "buy" rating in a report on Wednesday, March 5th. Barclays raised their price target on SEA from $148.00 to $182.00 and gave the company an "overweight" rating in a report on Friday, March 7th. Phillip Securities raised SEA from a "moderate sell" rating to a "hold" rating in a report on Friday, March 7th. Finally, Jefferies Financial Group raised their target price on SEA from $131.00 to $157.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. Three analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, SEA currently has an average rating of "Moderate Buy" and a consensus price target of $116.67.

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.