Metis Global Partners LLC raised its position in shares of Sea Limited (NYSE:SE - Free Report) by 77.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,778 shares of the Internet company based in Singapore's stock after buying an additional 2,082 shares during the quarter. Metis Global Partners LLC's holdings in SEA were worth $507,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in SE. New York State Common Retirement Fund raised its position in shares of SEA by 862.3% during the 3rd quarter. New York State Common Retirement Fund now owns 162,328 shares of the Internet company based in Singapore's stock worth $15,304,000 after purchasing an additional 145,459 shares during the period. Harbor Capital Advisors Inc. raised its position in shares of SEA by 14.5% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 8,188 shares of the Internet company based in Singapore's stock worth $772,000 after purchasing an additional 1,034 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in SEA by 1.8% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 404,096 shares of the Internet company based in Singapore's stock worth $38,098,000 after buying an additional 7,175 shares in the last quarter. National Pension Service grew its holdings in SEA by 9.7% in the 3rd quarter. National Pension Service now owns 560,648 shares of the Internet company based in Singapore's stock worth $52,858,000 after buying an additional 49,548 shares in the last quarter. Finally, Gulf International Bank UK Ltd grew its holdings in SEA by 1.5% in the 3rd quarter. Gulf International Bank UK Ltd now owns 29,389 shares of the Internet company based in Singapore's stock worth $2,770,000 after buying an additional 431 shares in the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities analysts recently issued reports on the company. Benchmark increased their price objective on SEA from $130.00 to $150.00 and gave the stock a "buy" rating in a report on Wednesday. Jefferies Financial Group increased their price objective on SEA from $131.00 to $157.00 and gave the stock a "buy" rating in a report on Tuesday, March 4th. Phillip Securities reissued a "reduce" rating and issued a $100.00 price objective (up from $80.00) on shares of SEA in a report on Tuesday, November 19th. Barclays increased their price objective on SEA from $148.00 to $182.00 and gave the stock an "overweight" rating in a report on Friday. Finally, UBS Group increased their price objective on SEA from $135.00 to $176.00 and gave the stock a "buy" rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, SEA has a consensus rating of "Moderate Buy" and an average price target of $111.67.
View Our Latest Analysis on SE
SEA Price Performance
Shares of SE traded down $3.22 during trading hours on Friday, hitting $135.93. 7,246,273 shares of the company were exchanged, compared to its average volume of 4,228,906. The company has a market capitalization of $77.80 billion, a PE ratio of 906.18 and a beta of 1.62. 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 firm has a fifty day simple moving average of $121.27 and a 200-day simple moving average of $106.36. Sea Limited has a one year low of $51.70 and a one year high of $147.73.
SEA Company Profile
(
Free Report)
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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