Kontiki Capital Management HK Ltd. Has $347.70 Million Holdings in Sea Limited (NYSE:SE)

Kontiki Capital Management HK Ltd. lowered its holdings in Sea Limited (NYSE:SE - Free Report) by 8.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,277,116 shares of the Internet company based in Singapore's stock after selling 286,000 shares during the period. SEA makes up 30.3% of Kontiki Capital Management HK Ltd.'s investment portfolio, making the stock its largest position. Kontiki Capital Management HK Ltd. owned about 0.57% of SEA worth $347,702,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Private Trust Co. NA grew its position 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 acquiring an additional 204 shares in the last quarter. Kestra Investment Management LLC bought a new stake in SEA during the fourth quarter worth about $34,000. Farther Finance Advisors LLC boosted its holdings in shares of SEA by 43.8% in the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock worth $39,000 after purchasing an additional 112 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of SEA during the 3rd quarter valued at about $41,000. Finally, Icon Wealth Advisors LLC purchased a new position in shares of SEA during the 3rd quarter valued at about $47,000. Institutional investors own 59.53% of the company's stock.

Analysts Set New Price Targets

SE has been the subject of a number of recent research reports. Phillip Securities upgraded shares of SEA from a "moderate sell" rating to a "hold" rating in a report on Friday, March 7th. Barclays lifted their price objective on SEA from $148.00 to $182.00 and gave the stock an "overweight" rating in a report on Friday, March 7th. Arete Research upgraded SEA to a "strong-buy" rating in a research report on Sunday. Jefferies Financial Group raised their target price on shares of SEA from $131.00 to $157.00 and gave the stock a "buy" rating in a report on Tuesday, March 4th. Finally, Sanford C. Bernstein set a $145.00 price objective on shares of SEA and gave the company an "outperform" rating in a research report on Wednesday, March 5th. Three investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $116.67.

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SEA Stock Performance

Shares of NYSE:SE traded up $0.89 during midday trading on Tuesday, reaching $130.37. 3,392,653 shares of the company's stock traded hands, compared to its average volume of 4,405,530. 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 one year low of $51.70 and a one year high of $147.73. The company has a market cap of $74.62 billion, a price-to-earnings ratio of 869.13 and a beta of 1.62. The stock has a 50 day moving average of $125.76 and a 200 day moving average of $110.21.

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.