O Shaughnessy Asset Management LLC Grows Stock Position in Sea Limited (NYSE:SE)

O Shaughnessy Asset Management LLC lifted its position in shares of Sea Limited (NYSE:SE - Free Report) by 47.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,993 shares of the Internet company based in Singapore's stock after purchasing an additional 7,706 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in SEA were worth $2,546,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SE. Private Trust Co. NA grew its stake 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 during the period. Kestra Investment Management LLC purchased a new position in shares of SEA during the 4th quarter worth $34,000. Farther Finance Advisors LLC increased its position in SEA by 43.8% during the fourth 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 during the last quarter. Geneos Wealth Management Inc. raised its position in shares of SEA by 4,663.6% during the 4th quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore's stock valued at $56,000 after buying an additional 513 shares during the period. Finally, TD Private Client Wealth LLC raised its holdings in SEA by 33.7% in the 3rd quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore's stock valued at $57,000 after buying an additional 152 shares during the period. 59.53% of the stock is owned by hedge funds and other institutional investors.

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SEA Price Performance

Shares of SE traded up $1.96 during mid-day trading on Tuesday, hitting $110.62. The company's stock had a trading volume of 2,820,839 shares, compared to its average volume of 4,786,847. The firm has a 50-day simple moving average of $127.92 and a 200 day simple moving average of $113.44. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $63.31 billion, a P/E ratio of 736.83 and a beta of 1.73. Sea Limited has a 1-year low of $51.70 and a 1-year high of $147.73.

Analyst Ratings Changes

Several research firms recently issued reports on SE. Phillip Securities raised SEA from a "moderate sell" rating to a "hold" rating in a research note on Friday, March 7th. Benchmark boosted their price target on shares of SEA from $130.00 to $150.00 and gave the stock a "buy" rating in a research note on Wednesday, March 5th. Jefferies Financial Group upped their target price on shares of SEA from $131.00 to $157.00 and gave the stock a "buy" rating in a research note on Tuesday, March 4th. Arete Research upgraded shares of SEA to a "strong-buy" rating in a research note on Sunday, March 23rd. Finally, JPMorgan Chase & Co. raised their price objective on shares of SEA from $133.00 to $160.00 and gave the company an "overweight" rating in a report on Wednesday, March 5th. Three 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.com, the company currently has an average rating of "Moderate Buy" and an average target price of $121.40.

SEA Company 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.