Natixis Advisors LLC Increases Position in Sea Limited (NYSE:SE)

Natixis Advisors LLC increased its position in Sea Limited (NYSE:SE - Free Report) by 52.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 391,904 shares of the Internet company based in Singapore's stock after purchasing an additional 134,674 shares during the quarter. Natixis Advisors LLC owned approximately 0.07% of SEA worth $41,581,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SE. Private Trust Co. NA boosted its position in SEA by 474.4% during 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 SEA during the 4th quarter valued at $34,000. Farther Finance Advisors LLC boosted its position in SEA by 43.8% during the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock valued at $39,000 after acquiring an additional 112 shares in the last quarter. Truvestments Capital LLC acquired a new stake in shares of SEA in the 3rd quarter worth $41,000. Finally, Icon Wealth Advisors LLC acquired a new stake in shares of SEA in the 3rd quarter worth $47,000. Institutional investors own 59.53% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Barclays raised their price objective on SEA from $148.00 to $182.00 and gave the stock an "overweight" rating in a research report on Friday, March 7th. Phillip Securities raised SEA from a "moderate sell" rating to a "hold" rating in a research report on Friday, March 7th. UBS Group raised 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. JPMorgan Chase & Co. raised their price objective on SEA from $133.00 to $160.00 and gave the stock an "overweight" rating in a research report on Wednesday, March 5th. Finally, Sanford C. Bernstein set a $145.00 target price on SEA and gave the stock an "outperform" rating in a research note on Wednesday, March 5th. Three analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $116.67.

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SEA Price Performance

SE stock traded up $0.92 during trading on Thursday, hitting $127.07. The stock had a trading volume of 4,432,260 shares, compared to its average volume of 4,414,108. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. Sea Limited has a twelve month low of $51.70 and a twelve month high of $147.73. The stock has a market capitalization of $72.73 billion, a P/E ratio of 847.15 and a beta of 1.61. The company's 50-day moving average price is $124.58 and its two-hundred day moving average price is $108.95.

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.