SEA (NYSE:SE) Given New $176.00 Price Target at UBS Group

SEA (NYSE:SE - Get Free Report) had its price target lifted by equities research analysts at UBS Group from $135.00 to $176.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a "buy" rating on the Internet company based in Singapore's stock. UBS Group's price objective points to a potential upside of 29.48% from the stock's current price.

A number of other brokerages have also issued reports on SE. Dbs Bank raised SEA from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, November 13th. TD Cowen upped their target price 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. Benchmark increased their target price on SEA from $130.00 to $150.00 and gave the stock a "buy" rating in a research note on Wednesday. Barclays raised their price target on shares of SEA from $148.00 to $182.00 and gave the company an "overweight" rating in a research report on Friday. Finally, Phillip Securities reissued a "reduce" rating and set a $100.00 price objective (up from $80.00) on shares of SEA in a research report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $111.67.

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SEA Stock Performance

SEA stock traded down $3.22 during mid-day trading on Friday, reaching $135.93. 7,246,273 shares of the company traded hands, compared to its average volume of 4,228,906. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. SEA has a fifty-two week low of $51.70 and a fifty-two week high of $147.73. The company has a market capitalization of $77.80 billion, a price-to-earnings ratio of 906.18 and a beta of 1.62. The firm's fifty day moving average is $121.27 and its two-hundred day moving average is $106.36.

Hedge Funds Weigh In On SEA

Large investors have recently made changes to their positions in the stock. State of Wyoming lifted its holdings in shares of SEA by 3.1% in the fourth quarter. State of Wyoming now owns 3,010 shares of the Internet company based in Singapore's stock valued at $319,000 after purchasing an additional 90 shares in the last quarter. Covenant Partners LLC raised its position in shares of SEA by 2.4% during the 4th quarter. Covenant Partners LLC now owns 4,248 shares of the Internet company based in Singapore's stock worth $451,000 after purchasing an additional 101 shares during the last quarter. Farther Finance Advisors LLC lifted its stake 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. SOA Wealth Advisors LLC. grew its holdings in SEA by 33.3% during 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 during the last quarter. Finally, TD Private Client Wealth LLC increased its position in SEA by 33.7% during the third quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore's stock worth $57,000 after buying an additional 152 shares in the last quarter. Hedge funds and other institutional investors own 59.53% of the company's stock.

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.