Mitsubishi UFJ Trust & Banking Corp Has $81.66 Million Stake in Sea Limited (NYSE:SE)

Mitsubishi UFJ Trust & Banking Corp lessened its holdings in shares of Sea Limited (NYSE:SE - Free Report) by 3.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 769,611 shares of the Internet company based in Singapore's stock after selling 30,395 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.13% of SEA worth $81,656,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Private Trust Co. NA raised its holdings in SEA by 474.4% in the 4th quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock valued at $26,000 after acquiring an additional 204 shares in the last quarter. Kestra Investment Management LLC bought a new stake in shares of SEA during the fourth quarter valued at approximately $34,000. Farther Finance Advisors LLC raised its stake in shares of SEA by 43.8% in the fourth quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock valued at $39,000 after purchasing an additional 112 shares in the last quarter. Truvestments Capital LLC bought a new position in SEA in the third quarter worth $41,000. Finally, Geneos Wealth Management Inc. boosted its stake in SEA by 4,663.6% during the fourth quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore's stock worth $56,000 after buying an additional 513 shares in the last quarter. Institutional investors own 59.53% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on SE shares. Barclays raised their price objective on shares of SEA from $148.00 to $182.00 and gave the stock an "overweight" rating in a report on Friday, March 7th. Phillip Securities upgraded shares of SEA from a "moderate sell" rating to a "hold" rating in a research note on Friday, March 7th. Arete Research raised SEA to a "strong-buy" rating in a report on Sunday, March 23rd. Sanford C. Bernstein set a $145.00 target price on SEA and gave the stock an "outperform" rating in a report on Wednesday, March 5th. Finally, Jefferies Financial Group boosted their price target on SEA from $131.00 to $157.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $116.67.

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SEA Price Performance

Shares of SE stock traded down $2.61 during trading hours on Friday, reaching $130.96. 3,271,184 shares of the company were exchanged, compared to its average volume of 4,576,118. Sea Limited has a fifty-two week low of $51.70 and a fifty-two week 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 stock's fifty day moving average is $127.28 and its two-hundred day moving average is $111.49. The company has a market cap of $74.95 billion, a price-to-earnings ratio of 873.05 and a beta of 1.62.

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.