iA Global Asset Management Inc. Has $7.37 Million Holdings in Sea Limited (NYSE:SE)

iA Global Asset Management Inc. boosted its holdings in shares of Sea Limited (NYSE:SE - Free Report) by 45.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,469 shares of the Internet company based in Singapore's stock after purchasing an additional 21,567 shares during the period. iA Global Asset Management Inc.'s holdings in SEA were worth $7,371,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in SE. Baillie Gifford & Co. grew its stake in SEA by 3.5% during the fourth quarter. Baillie Gifford & Co. now owns 40,954,549 shares of the Internet company based in Singapore's stock worth $4,345,278,000 after buying an additional 1,390,531 shares during the last quarter. WCM Investment Management LLC grew its position in SEA by 22.8% during the 4th quarter. WCM Investment Management LLC now owns 25,663,667 shares of the Internet company based in Singapore's stock worth $2,758,331,000 after acquiring an additional 4,761,289 shares during the last quarter. Geode Capital Management LLC increased its holdings in SEA by 4.2% during the 3rd quarter. Geode Capital Management LLC now owns 3,059,521 shares of the Internet company based in Singapore's stock valued at $283,543,000 after purchasing an additional 124,433 shares in the last quarter. William Blair Investment Management LLC raised its position in SEA by 32.5% in the 4th quarter. William Blair Investment Management LLC now owns 2,233,158 shares of the Internet company based in Singapore's stock valued at $236,928,000 after purchasing an additional 547,509 shares during the last quarter. Finally, Perpetual Ltd boosted its stake in SEA by 3,033.0% in the fourth quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore's stock worth $222,598,000 after purchasing an additional 2,031,038 shares in the last quarter. 59.53% of the stock is owned by institutional investors and hedge funds.

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SEA Stock Up 0.7 %

NYSE SE traded up $0.89 on Tuesday, reaching $130.37. The company had a trading volume of 4,337,247 shares, compared to its average volume of 4,405,530. The company's fifty day moving average is $125.76 and its 200-day moving average is $110.21. The firm has a market capitalization of $74.62 billion, a price-to-earnings ratio of 869.13 and a beta of 1.62. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. Sea Limited has a 1-year low of $51.70 and a 1-year high of $147.73.

Analysts Set New Price Targets

SE has been the subject of a number of research reports. JPMorgan Chase & Co. raised their price target on shares of SEA from $133.00 to $160.00 and gave the company an "overweight" rating in a report on Wednesday, March 5th. UBS Group lifted their target price on SEA from $135.00 to $176.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Benchmark boosted their target price on SEA from $130.00 to $150.00 and gave the stock a "buy" rating in a research report on Wednesday, March 5th. Jefferies Financial Group raised their price target on SEA from $131.00 to $157.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. Finally, Arete Research raised SEA to a "strong-buy" rating in a report on Sunday. Three research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $116.67.

SEA 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.