Banco Bilbao Vizcaya Argentaria S.A. Sells 10,239 Shares of Sea Limited (NYSE:SE)

Banco Bilbao Vizcaya Argentaria S.A. cut its holdings in Sea Limited (NYSE:SE - Free Report) by 20.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 39,163 shares of the Internet company based in Singapore's stock after selling 10,239 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in SEA were worth $4,148,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. SOA Wealth Advisors LLC. increased its position in SEA by 33.3% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore's stock valued at $57,000 after buying an additional 150 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of SEA during the third quarter worth approximately $290,000. Tidal Investments LLC lifted its holdings in shares of SEA by 1,270.6% in the 3rd quarter. Tidal Investments LLC now owns 109,034 shares of the Internet company based in Singapore's stock worth $10,280,000 after purchasing an additional 101,079 shares in the last quarter. American Trust bought a new position in shares of SEA in the 3rd quarter worth $294,000. Finally, GAMMA Investing LLC grew its position in SEA by 29.7% in the 4th quarter. GAMMA Investing LLC now owns 1,645 shares of the Internet company based in Singapore's stock valued at $175,000 after purchasing an additional 377 shares during the period. 59.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

SE has been the topic of a number of recent research reports. Jefferies Financial Group raised their price objective on shares of SEA from $131.00 to $157.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. JPMorgan Chase & Co. cut shares of SEA from an "overweight" rating to a "neutral" rating and dropped their price target for the company from $160.00 to $135.00 in a research report on Wednesday, April 16th. Sanford C. Bernstein set a $145.00 price objective on SEA and gave the stock an "outperform" rating in a report on Wednesday, March 5th. Barclays raised their target price on SEA from $148.00 to $182.00 and gave the company an "overweight" rating in a report on Friday, March 7th. Finally, Wedbush reaffirmed an "outperform" rating and set a $135.00 target price on shares of SEA in a research report on Tuesday, April 15th. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, SEA currently has an average rating of "Moderate Buy" and an average price target of $125.43.

SEA Stock Performance

Shares of SE stock traded up $2.54 during trading hours on Monday, hitting $130.30. 3,236,783 shares of the company were exchanged, compared to its average volume of 4,606,796. Sea Limited has a 52-week low of $55.00 and a 52-week high of $147.73. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. The firm has a fifty day simple moving average of $125.00 and a 200 day simple moving average of $116.18. The stock has a market capitalization of $74.58 billion, a price-to-earnings ratio of 868.67 and a beta of 1.73.

About SEA

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.