Sea Limited (NYSE:SE) Position Boosted by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. increased its stake in shares of Sea Limited (NYSE:SE - Free Report) by 1.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 404,096 shares of the Internet company based in Singapore's stock after purchasing an additional 7,175 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.07% of SEA worth $38,098,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Commonwealth Equity Services LLC increased its position in SEA by 6.4% during the 1st quarter. Commonwealth Equity Services LLC now owns 9,997 shares of the Internet company based in Singapore's stock worth $537,000 after purchasing an additional 597 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in SEA by 4.6% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 180,646 shares of the Internet company based in Singapore's stock worth $9,702,000 after acquiring an additional 7,866 shares during the period. Daiwa Securities Group Inc. raised its position in SEA by 11.9% in the first quarter. Daiwa Securities Group Inc. now owns 25,847 shares of the Internet company based in Singapore's stock worth $1,388,000 after acquiring an additional 2,747 shares in the last quarter. Mediolanum International Funds Ltd acquired a new stake in SEA in the first quarter valued at $2,753,000. Finally, Duality Advisers LP purchased a new stake in shares of SEA during the 1st quarter worth $845,000. 59.53% of the stock is currently owned by hedge funds and other institutional investors.

SEA Trading Down 0.4 %

Shares of SE stock traded down $0.38 on Wednesday, reaching $95.36. 2,628,446 shares of the stock were exchanged, compared to its average volume of 5,382,926. Sea Limited has a 1-year low of $34.35 and a 1-year high of $101.93. The stock has a market cap of $54.58 billion, a P/E ratio of -272.46 and a beta of 1.52. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 0.41. The firm has a 50 day moving average of $90.73 and a two-hundred day moving average of $77.56.

SEA (NYSE:SE - Get Free Report) last posted its quarterly earnings results on Tuesday, August 13th. The Internet company based in Singapore reported $0.14 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.45). SEA had a negative net margin of 1.36% and a negative return on equity of 2.92%. The business had revenue of $3.81 billion during the quarter, compared to analysts' expectations of $3.73 billion. During the same quarter in the previous year, the business posted $0.54 EPS. The company's quarterly revenue was up 23.0% on a year-over-year basis. On average, research analysts anticipate that Sea Limited will post 0.64 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. upgraded shares of SEA from a "neutral" rating to an "overweight" rating and lifted their price target for the company from $66.00 to $90.00 in a research report on Wednesday, August 14th. Barclays boosted their target price on SEA from $87.00 to $94.00 and gave the stock an "overweight" rating in a research report on Thursday, August 15th. Citigroup dropped their price target on SEA from $81.00 to $80.00 and set a "buy" rating for the company in a research report on Tuesday, July 23rd. TD Cowen boosted their price objective on shares of SEA from $64.00 to $69.00 and gave the stock a "hold" rating in a research report on Wednesday, August 14th. Finally, Wedbush restated an "outperform" rating and set a $105.00 target price (up from $84.00) on shares of SEA in a report on Monday. Three analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $82.54.

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.