Sea Limited (NYSE:SE) Position Boosted by MML Investors Services LLC

MML Investors Services LLC lifted its stake in Sea Limited (NYSE:SE - Free Report) by 61.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 85,690 shares of the Internet company based in Singapore's stock after purchasing an additional 32,552 shares during the quarter. MML Investors Services LLC's holdings in SEA were worth $9,092,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in SE. SOA Wealth Advisors LLC. lifted its position in SEA by 33.3% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore's stock worth $57,000 after buying an additional 150 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in shares of SEA by 14.4% during the third quarter. Sanctuary Advisors LLC now owns 6,214 shares of the Internet company based in Singapore's stock worth $586,000 after acquiring an additional 782 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in SEA during the third quarter valued at $290,000. Tidal Investments LLC grew its stake in SEA by 1,270.6% in the third quarter. Tidal Investments LLC now owns 109,034 shares of the Internet company based in Singapore's stock valued at $10,280,000 after purchasing an additional 101,079 shares in the last quarter. Finally, American Trust purchased a new position in SEA in the third quarter valued at about $294,000. 59.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. lowered SEA from an "overweight" rating to a "neutral" rating and reduced their price target for the company from $160.00 to $135.00 in a report on Wednesday, April 16th. Jefferies Financial Group lifted their target price on shares of SEA from $131.00 to $157.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. Barclays increased their price target on shares of SEA from $148.00 to $182.00 and gave the stock an "overweight" rating in a research note on Friday, March 7th. Phillip Securities raised shares of SEA from a "moderate sell" rating to a "hold" rating in a research note on Friday, March 7th. Finally, Sanford C. Bernstein set a $145.00 target price on shares of SEA and gave the stock an "outperform" rating in a research report on Wednesday, March 5th. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, SEA currently has an average rating of "Moderate Buy" and an average target price of $125.43.

SEA Stock Performance

Shares of NYSE SE opened at $120.42 on Thursday. Sea Limited has a 12 month low of $55.00 and a 12 month high of $147.73. The company has a market cap of $68.92 billion, a P/E ratio of 802.80 and a beta of 1.73. The business's 50 day moving average is $125.54 and its two-hundred day moving average is $115.27. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36.

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.

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