UniSuper Management Pty Ltd Has $753,000 Stock Position in Sea Limited (NYSE:SE)

UniSuper Management Pty Ltd trimmed its position in Sea Limited (NYSE:SE - Free Report) by 33.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,100 shares of the Internet company based in Singapore's stock after selling 3,545 shares during the quarter. UniSuper Management Pty Ltd's holdings in SEA were worth $753,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in SE. Private Trust Co. NA raised its position in SEA by 474.4% during 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 buying an additional 204 shares during the period. Kestra Investment Management LLC purchased a new stake in shares of SEA in the fourth quarter worth approximately $34,000. Farther Finance Advisors LLC lifted its position in shares of SEA by 43.8% in the fourth quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock worth $39,000 after purchasing an additional 112 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of SEA by 4,663.6% during the fourth quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore's stock worth $56,000 after purchasing an additional 513 shares during the period. Finally, TD Private Client Wealth LLC grew 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 valued at $57,000 after purchasing an additional 152 shares in the last quarter. 59.53% of the stock is owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

A number of equities research analysts have issued reports on SE shares. Loop Capital lifted their target price on shares of SEA from $135.00 to $165.00 and gave the company a "buy" rating in a research note on Monday, March 31st. JPMorgan Chase & Co. increased their price objective on SEA from $133.00 to $160.00 and gave the stock an "overweight" rating in a report on Wednesday, March 5th. Jefferies Financial Group boosted their target price on SEA from $131.00 to $157.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. Phillip Securities raised SEA from a "moderate sell" rating to a "hold" rating in a research note on Friday, March 7th. Finally, Benchmark boosted their price target on SEA from $130.00 to $150.00 and gave the company a "buy" rating in a research note on Wednesday, March 5th. Three analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $121.40.

SEA Stock Performance

Shares of NYSE SE traded down $13.87 during trading hours on Friday, hitting $106.18. 15,810,121 shares of the stock were exchanged, compared to its average volume of 4,648,157. The firm has a market capitalization of $60.77 billion, a P/E ratio of 707.88 and a beta of 1.73. Sea Limited has a one year low of $51.70 and a one year high of $147.73. 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 company's 50 day moving average is $128.04 and its 200 day moving average is $113.06.

SEA Company 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.