Sea Limited (NYSE:SE) Stock Position Increased by Baillie Gifford & Co.

Baillie Gifford & Co. grew its holdings in shares of Sea Limited (NYSE:SE - Free Report) by 3.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,954,549 shares of the Internet company based in Singapore's stock after buying an additional 1,390,531 shares during the period. SEA accounts for approximately 3.3% of Baillie Gifford & Co.'s holdings, making the stock its 6th biggest position. Baillie Gifford & Co. owned 7.16% of SEA worth $4,345,278,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of SE. Principal Securities Inc. raised its position in shares of SEA by 177.3% in the 4th quarter. Principal Securities Inc. now owns 2,995 shares of the Internet company based in Singapore's stock worth $318,000 after purchasing an additional 1,915 shares during the last quarter. Rhumbline Advisers raised its position in shares of SEA by 4.3% in the 4th quarter. Rhumbline Advisers now owns 115,722 shares of the Internet company based in Singapore's stock worth $12,278,000 after purchasing an additional 4,818 shares during the last quarter. Roman Butler Fullerton & Co. raised its position in shares of SEA by 89.0% in the 4th quarter. Roman Butler Fullerton & Co. now owns 13,284 shares of the Internet company based in Singapore's stock worth $1,517,000 after purchasing an additional 6,257 shares during the last quarter. AustralianSuper Pty Ltd raised its position in shares of SEA by 9.2% in the 4th quarter. AustralianSuper Pty Ltd now owns 14,458 shares of the Internet company based in Singapore's stock worth $1,534,000 after purchasing an additional 1,219 shares during the last quarter. Finally, Vontobel Holding Ltd. raised its position in shares of SEA by 22.8% in the 4th quarter. Vontobel Holding Ltd. now owns 31,657 shares of the Internet company based in Singapore's stock worth $3,359,000 after purchasing an additional 5,874 shares during the last quarter. Institutional investors own 59.53% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Benchmark boosted 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 previously from $84.00) on shares of SEA in a research report on Monday, November 4th. Dbs Bank raised SEA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, November 13th. Phillip Securities reissued a "reduce" rating and issued a $100.00 target price (up previously from $80.00) on shares of SEA in a research report on Tuesday, November 19th. Finally, TD Cowen upped their price target on shares of SEA from $69.00 to $100.00 and gave the company a "hold" rating in a research report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, SEA presently has a consensus rating of "Moderate Buy" and an average target price of $91.21.

SEA Stock Performance

Shares of NYSE:SE traded down $3.47 during mid-day trading on Thursday, reaching $132.75. 3,434,990 shares of the company traded hands, compared to its average volume of 3,574,124. Sea Limited has a 52 week low of $43.27 and a 52 week high of $139.18. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. The firm has a market cap of $75.98 billion, a PE ratio of 884.99 and a beta of 1.55. The company's 50 day moving average price is $117.09 and its 200-day moving average price is $101.52.

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.