Sea Limited (NYSE:SE) Stock Holdings Increased by MML Investors Services LLC

MML Investors Services LLC boosted its stake in shares of Sea Limited (NYSE:SE - Free Report) by 115.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 53,138 shares of the Internet company based in Singapore's stock after purchasing an additional 28,436 shares during the quarter. MML Investors Services LLC's holdings in SEA were worth $5,010,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Rosenberg Matthew Hamilton increased its holdings in SEA by 213.7% in the third quarter. Rosenberg Matthew Hamilton now owns 298 shares of the Internet company based in Singapore's stock valued at $28,000 after buying an additional 203 shares during the last quarter. Truvestments Capital LLC purchased a new position in shares of SEA in the 3rd quarter valued at about $41,000. Icon Wealth Advisors LLC acquired a new stake in shares of SEA during the 3rd quarter worth about $47,000. First Horizon Advisors Inc. lifted its stake in SEA by 248.3% during the third quarter. First Horizon Advisors Inc. now owns 700 shares of the Internet company based in Singapore's stock worth $66,000 after purchasing an additional 499 shares during the last quarter. Finally, Canton Hathaway LLC increased its stake in SEA by 20.0% in the second quarter. Canton Hathaway LLC now owns 1,200 shares of the Internet company based in Singapore's stock valued at $86,000 after purchasing an additional 200 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on SE shares. Barclays upped their target price on shares of SEA from $94.00 to $131.00 and gave the company an "overweight" rating in a report on Thursday, November 14th. Bank of America upped their price objective on shares of SEA from $84.00 to $96.00 and gave the company a "buy" rating in a research note on Monday, September 23rd. Benchmark lifted their target price on SEA from $94.00 to $130.00 and gave the stock a "buy" rating in a research report on Wednesday, November 13th. Wedbush reissued an "outperform" rating and issued a $105.00 target price (up from $84.00) on shares of SEA in a research report on Monday, November 4th. Finally, Dbs Bank upgraded SEA from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $91.21.

SEA Trading Down 0.7 %

NYSE:SE traded down $0.83 on Friday, hitting $116.46. 1,767,622 shares of the stock were exchanged, compared to its average volume of 5,288,388. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. Sea Limited has a fifty-two week low of $34.35 and a fifty-two week high of $119.47. The stock has a market cap of $66.65 billion, a PE ratio of 781.80 and a beta of 1.53. The stock has a fifty day moving average of $104.41 and a 200-day moving average of $85.46.

SEA (NYSE:SE - Get Free Report) last issued its quarterly earnings data on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 EPS for the quarter, missing analysts' consensus estimates of $0.59 by ($0.35). SEA had a return on equity of 1.40% and a net margin of 0.64%. The firm had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.09 billion. During the same quarter in the prior year, the firm earned ($0.26) EPS. The business's quarterly revenue was up 30.8% compared to the same quarter last year. As a group, equities analysts expect that Sea Limited will post 0.81 earnings per share for the current fiscal year.

SEA Company Profile

Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally. It offers Garena digital entertainment platform for users to access mobile and PC online games, as well as promotes eSports operations.