SIH Partners LLLP Acquires New Holdings in Sea Limited (NYSE:SE)

SIH Partners LLLP purchased a new stake in Sea Limited (NYSE:SE - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 51,270 shares of the Internet company based in Singapore's stock, valued at approximately $5,440,000. SEA comprises 0.3% of SIH Partners LLLP's holdings, making the stock its 25th largest position.

Several other large investors have also recently bought and sold shares of the stock. Private Trust Co. NA grew its position in shares of SEA by 474.4% in the fourth quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock valued at $26,000 after purchasing an additional 204 shares during the last quarter. Kestra Investment Management LLC bought a new stake in SEA in the 4th quarter valued at $34,000. Farther Finance Advisors LLC grew its holdings in SEA by 43.8% in the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock valued at $39,000 after buying an additional 112 shares in the last quarter. Huntington National Bank increased its position in SEA by 783.6% during the 4th quarter. Huntington National Bank now owns 486 shares of the Internet company based in Singapore's stock worth $52,000 after buying an additional 431 shares during the period. Finally, Geneos Wealth Management Inc. increased its position in SEA by 4,663.6% during the 4th quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore's stock worth $56,000 after buying an additional 513 shares during the period. 59.53% of the stock is owned by institutional investors.

SEA Price Performance

Shares of SE traded up $3.78 during midday trading on Friday, hitting $128.01. The company's stock had a trading volume of 3,518,652 shares, compared to its average volume of 4,612,406. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. Sea Limited has a one year low of $55.00 and a one year high of $147.73. The stock has a market capitalization of $73.27 billion, a price-to-earnings ratio of 853.40 and a beta of 1.73. The company's fifty day simple moving average is $125.11 and its two-hundred day simple moving average is $115.69.

Wall Street Analysts Forecast Growth

Several research firms recently commented on SE. Benchmark upped their price target on shares of SEA from $130.00 to $150.00 and gave the company a "buy" rating in a research note on Wednesday, March 5th. Arete Research upgraded shares of SEA to a "strong-buy" rating in a research report on Sunday, March 23rd. JPMorgan Chase & Co. downgraded 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. Barclays boosted their price target on SEA from $148.00 to $182.00 and gave the company an "overweight" rating in a research note on Friday, March 7th. Finally, Wedbush restated an "outperform" rating and set a $135.00 price objective on shares of SEA in a research note on Tuesday, April 15th. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $125.43.

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.