Aubrey Capital Management Ltd increased its position in shares of Sea Limited (NYSE:SE - Free Report) by 18.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 216,700 shares of the Internet company based in Singapore's stock after purchasing an additional 34,205 shares during the quarter. SEA makes up approximately 8.7% of Aubrey Capital Management Ltd's investment portfolio, making the stock its 3rd largest position. Aubrey Capital Management Ltd's holdings in SEA were worth $22,991,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Coronation Fund Managers Ltd. grew its holdings in SEA by 7.1% in the 4th quarter. Coronation Fund Managers Ltd. now owns 1,050,935 shares of the Internet company based in Singapore's stock valued at $111,504,000 after buying an additional 69,817 shares in the last quarter. WCM Investment Management LLC grew its holdings in 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 buying an additional 4,761,289 shares in the last quarter. Wilmington Savings Fund Society FSB grew its holdings in SEA by 23.7% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 3,803 shares of the Internet company based in Singapore's stock valued at $403,000 after buying an additional 729 shares in the last quarter. Apollon Wealth Management LLC grew its holdings in SEA by 3.5% in the 4th quarter. Apollon Wealth Management LLC now owns 34,501 shares of the Internet company based in Singapore's stock valued at $3,661,000 after buying an additional 1,159 shares in the last quarter. Finally, SOA Wealth Advisors LLC. grew its holdings in SEA by 25.0% in the 4th quarter. SOA Wealth Advisors LLC. now owns 750 shares of the Internet company based in Singapore's stock valued at $80,000 after buying an additional 150 shares in the last quarter. 59.53% of the stock is currently owned by hedge funds and other institutional investors.
SEA Stock Up 1.7 %
SE stock traded up $2.28 during mid-day trading on Thursday, reaching $132.93. The company had a trading volume of 3,589,135 shares, compared to its average volume of 3,446,178. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. The company has a market capitalization of $76.08 billion, a price-to-earnings ratio of 886.18 and a beta of 1.55. The firm has a fifty day simple moving average of $115.07 and a 200 day simple moving average of $99.05. Sea Limited has a fifty-two week low of $41.76 and a fifty-two week high of $133.13.
SEA (NYSE:SE - Get Free Report) last posted its quarterly earnings results on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by ($0.35). The company had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.09 billion. SEA had a net margin of 0.64% and a return on equity of 1.40%. SEA's revenue for the quarter was up 30.8% on a year-over-year basis. During the same period in the prior year, the business earned ($0.26) EPS. Analysts forecast that Sea Limited will post 0.8 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several equities analysts have recently commented on SE shares. Wedbush reaffirmed an "outperform" rating and issued a $105.00 price target (up previously from $84.00) on shares of SEA in a research note on Monday, November 4th. TD Cowen upped their price target on SEA from $69.00 to $100.00 and gave the company a "hold" rating in a research note on Wednesday, November 13th. Dbs Bank raised SEA from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, November 13th. Benchmark upped their price target on SEA from $94.00 to $130.00 and gave the company a "buy" rating in a research note on Wednesday, November 13th. Finally, Barclays increased their target price on SEA from $94.00 to $131.00 and gave the stock an "overweight" rating in a research note on Thursday, November 14th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, SEA has a consensus rating of "Moderate Buy" and an average target price of $91.21.
View Our Latest Stock Analysis on SEA
About SEA
(
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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