Vontobel Holding Ltd. grew its holdings in shares of Sea Limited (NYSE:SE - Free Report) by 22.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,657 shares of the Internet company based in Singapore's stock after buying an additional 5,874 shares during the quarter. Vontobel Holding Ltd.'s holdings in SEA were worth $3,359,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. SOA Wealth Advisors LLC. lifted its position 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 worth $57,000 after buying an additional 150 shares in the last quarter. TD Private Client Wealth LLC increased its stake in shares of SEA by 33.7% during the 3rd quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore's stock worth $57,000 after purchasing an additional 152 shares during the last quarter. Ballentine Partners LLC increased its stake in shares of SEA by 5.6% during the 4th quarter. Ballentine Partners LLC now owns 2,970 shares of the Internet company based in Singapore's stock worth $315,000 after purchasing an additional 158 shares during the last quarter. Integrated Wealth Concepts LLC increased its stake in shares of SEA by 2.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 6,357 shares of the Internet company based in Singapore's stock worth $599,000 after purchasing an additional 160 shares during the last quarter. Finally, Moseley Investment Management Inc. increased its stake in shares of SEA by 4.3% during the 4th quarter. Moseley Investment Management Inc. now owns 3,870 shares of the Internet company based in Singapore's stock worth $411,000 after purchasing an additional 161 shares during the last quarter. 59.53% of the stock is owned by institutional investors.
SEA Price Performance
Shares of SEA stock traded down $3.47 on Thursday, reaching $132.75. 3,434,898 shares of the stock were exchanged, compared to its average volume of 3,574,108. The firm's 50 day moving average is $116.79 and its 200-day moving average is $101.30. Sea Limited has a one year low of $43.27 and a one year high of $139.18. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. The firm has a market cap of $75.98 billion, a PE ratio of 884.99 and a beta of 1.55.
Analysts Set New Price Targets
Several research analysts have recently weighed in on the stock. TD Cowen boosted their price objective on shares of SEA from $69.00 to $100.00 and gave the stock a "hold" rating in a research note on Wednesday, November 13th. Wedbush restated an "outperform" rating and set a $105.00 price objective (up from $84.00) on shares of SEA in a research note on Monday, November 4th. Barclays boosted their price objective on shares of SEA from $94.00 to $131.00 and gave the stock an "overweight" rating in a research note on Thursday, November 14th. Benchmark boosted their price objective on shares of SEA from $94.00 to $130.00 and gave the stock a "buy" rating in a research note on Wednesday, November 13th. Finally, Phillip Securities reiterated a "reduce" rating and issued a $100.00 price target (up previously from $80.00) on shares of SEA in a research note on Tuesday, November 19th. One analyst has rated the stock with a sell rating, two have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, SEA currently has a consensus rating of "Moderate Buy" and an average price target of $91.21.
Read Our Latest Report on SE
About SEA
(
Free Report)
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.
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