Personal CFO Solutions LLC lifted its stake in Sea Limited (NYSE:SE - Free Report) by 24.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,607 shares of the Internet company based in Singapore's stock after purchasing an additional 3,062 shares during the period. Personal CFO Solutions LLC's holdings in SEA were worth $1,656,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of SE. WCM Investment Management LLC increased its stake in SEA by 35.9% in the 3rd quarter. WCM Investment Management LLC now owns 20,902,378 shares of the Internet company based in Singapore's stock worth $1,971,303,000 after buying an additional 5,517,559 shares in the last quarter. Baillie Gifford & Co. increased its stake in SEA by 15.5% in the 3rd quarter. Baillie Gifford & Co. now owns 39,564,018 shares of the Internet company based in Singapore's stock worth $3,730,096,000 after buying an additional 5,295,590 shares in the last quarter. Perpetual Ltd increased its stake in SEA by 3,033.0% in the 4th quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore's stock worth $222,598,000 after buying an additional 2,031,038 shares in the last quarter. CoreView Capital Management Ltd increased its stake in SEA by 341.1% in the 3rd quarter. CoreView Capital Management Ltd now owns 1,996,376 shares of the Internet company based in Singapore's stock worth $188,218,000 after buying an additional 1,543,743 shares in the last quarter. Finally, Ninety One UK Ltd increased its stake in SEA by 1,673.2% in the 4th quarter. Ninety One UK Ltd now owns 1,243,888 shares of the Internet company based in Singapore's stock worth $131,977,000 after buying an additional 1,173,738 shares in the last quarter. 59.53% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several research analysts have commented on SE shares. TD Cowen increased their price objective on shares of SEA from $69.00 to $100.00 and gave the company a "hold" rating in a report on Wednesday, November 13th. Jefferies Financial Group increased their price objective on shares of SEA from $131.00 to $157.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. UBS Group increased their price objective on shares of SEA from $135.00 to $176.00 and gave the company a "buy" rating in a report on Friday. JPMorgan Chase & Co. increased 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. Finally, Barclays increased their price objective on shares of SEA from $148.00 to $182.00 and gave the company an "overweight" rating in a report on Friday. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, SEA presently has an average rating of "Moderate Buy" and an average target price of $111.67.
Read Our Latest Stock Report on SEA
SEA Trading Down 2.3 %
NYSE SE traded down $3.22 during trading on Friday, hitting $135.93. The stock had a trading volume of 7,246,273 shares, compared to its average volume of 4,228,906. 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 stock has a market capitalization of $77.80 billion, a price-to-earnings ratio of 906.18 and a beta of 1.62. Sea Limited has a one year low of $51.70 and a one year high of $147.73. The stock has a 50 day simple moving average of $121.27 and a 200 day simple moving average of $106.53.
SEA Profile
(
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.
Featured Stories
Before you consider SEA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SEA wasn't on the list.
While SEA currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
