LPL Financial LLC Boosts Stock Holdings in Sea Limited (NYSE:SE)

LPL Financial LLC increased its position in shares of Sea Limited (NYSE:SE - Free Report) by 11.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 208,637 shares of the Internet company based in Singapore's stock after purchasing an additional 21,047 shares during the quarter. LPL Financial LLC's holdings in SEA were worth $22,136,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. WCM Investment Management LLC boosted its holdings in shares of SEA by 22.8% in the 4th quarter. WCM Investment Management LLC now owns 25,663,667 shares of the Internet company based in Singapore's stock valued at $2,758,331,000 after purchasing an additional 4,761,289 shares in the last quarter. Perpetual Ltd boosted its stake in SEA by 3,033.0% in the fourth quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore's stock valued at $222,598,000 after buying an additional 2,031,038 shares in the last quarter. CoreView Capital Management Ltd grew its position in SEA by 341.1% in the third quarter. CoreView Capital Management Ltd now owns 1,996,376 shares of the Internet company based in Singapore's stock valued at $188,218,000 after acquiring an additional 1,543,743 shares during the last quarter. Baillie Gifford & Co. grew its position in SEA by 3.5% in the fourth quarter. Baillie Gifford & Co. now owns 40,954,549 shares of the Internet company based in Singapore's stock valued at $4,345,278,000 after acquiring an additional 1,390,531 shares during the last quarter. Finally, Ninety One UK Ltd raised its stake in SEA by 1,673.2% during the fourth quarter. Ninety One UK Ltd now owns 1,243,888 shares of the Internet company based in Singapore's stock worth $131,977,000 after acquiring an additional 1,173,738 shares in the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.

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SEA Trading Up 1.6 %

Shares of NYSE:SE traded up $2.12 during mid-day trading on Wednesday, hitting $134.58. The company had a trading volume of 3,058,703 shares, compared to its average volume of 4,374,031. Sea Limited has a one year low of $51.70 and a one year high of $147.73. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. The company has a market capitalization of $77.03 billion, a PE ratio of 897.20 and a beta of 1.73. The firm has a fifty day moving average price of $127.88 and a 200 day moving average price of $112.45.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on SE shares. Benchmark lifted their price target on shares of SEA from $130.00 to $150.00 and gave the company a "buy" rating in a report on Wednesday, March 5th. UBS Group boosted their price objective on SEA from $135.00 to $176.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Phillip Securities upgraded SEA from a "moderate sell" rating to a "hold" rating in a research report on Friday, March 7th. Arete Research raised shares of SEA to a "strong-buy" rating in a report on Sunday, March 23rd. Finally, Loop Capital boosted their price objective on shares of SEA from $135.00 to $165.00 and gave the stock a "buy" rating in a research note on Monday. Three equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $121.40.

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.