Blue Trust Inc. Grows Stock Holdings in Sea Limited (NYSE:SE)

Blue Trust Inc. lifted its position in Sea Limited (NYSE:SE - Free Report) by 50.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,194 shares of the Internet company based in Singapore's stock after purchasing an additional 5,082 shares during the quarter. Blue Trust Inc.'s holdings in SEA were worth $1,612,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Dimensional Fund Advisors LP raised its stake in shares of SEA by 445.4% during the second quarter. Dimensional Fund Advisors LP now owns 51,096 shares of the Internet company based in Singapore's stock worth $3,649,000 after acquiring an additional 41,728 shares in the last quarter. Bank of Montreal Can bought a new position in shares of SEA during the 2nd quarter valued at $10,279,000. AQR Capital Management LLC lifted its stake in SEA by 0.6% in the second quarter. AQR Capital Management LLC now owns 137,222 shares of the Internet company based in Singapore's stock worth $9,800,000 after purchasing an additional 839 shares during the last quarter. MBB Public Markets I LLC purchased a new stake in SEA during the second quarter valued at about $1,881,000. Finally, Susquehanna Fundamental Investments LLC bought a new position in shares of SEA during the second quarter valued at about $3,092,000. Hedge funds and other institutional investors own 59.53% of the company's stock.

SEA Stock Down 0.9 %

Shares of SE stock traded down $1.17 during trading hours on Friday, hitting $122.21. 3,484,188 shares of the company's stock traded hands, compared to its average volume of 3,417,655. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. The stock's fifty day simple moving average is $112.98 and its two-hundred day simple moving average is $95.05. Sea Limited has a 12-month low of $38.10 and a 12-month high of $126.12. The stock has a market cap of $69.94 billion, a price-to-earnings ratio of 814.72 and a beta of 1.54.

SEA (NYSE:SE - Get Free Report) last announced its quarterly earnings data 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). SEA had a net margin of 0.64% and a return on equity of 1.40%. The company had revenue of $4.33 billion for the quarter, compared to analysts' expectations of $4.09 billion. During the same quarter in the previous year, the firm posted ($0.26) EPS. The firm's quarterly revenue was up 30.8% compared to the same quarter last year. On average, analysts expect that Sea Limited will post 0.8 EPS for the current year.

Analyst Ratings Changes

Several analysts have weighed in on the company. TD Cowen boosted their price objective on SEA from $69.00 to $100.00 and gave the company a "hold" rating in a research report on Wednesday, November 13th. Wedbush reissued an "outperform" rating and issued a $105.00 price target (up previously from $84.00) on shares of SEA in a report on Monday, November 4th. Dbs Bank upgraded shares of SEA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, November 13th. Benchmark raised their target price on SEA from $94.00 to $130.00 and gave the stock a "buy" rating in a research note on Wednesday, November 13th. Finally, Phillip Securities reaffirmed a "reduce" rating and set a $100.00 price target (up previously from $80.00) on shares of SEA in a research report on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $91.21.

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.