Axa S.A. cut its holdings in Sea Limited (NYSE:SE - Free Report) by 46.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 16,452 shares of the Internet company based in Singapore's stock after selling 14,083 shares during the quarter. Axa S.A.'s holdings in SEA were worth $1,746,000 at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. Farther Finance Advisors LLC increased its position 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 acquiring an additional 112 shares in the last quarter. SOA Wealth Advisors LLC. grew its stake in shares of SEA by 25.0% during the fourth quarter. SOA Wealth Advisors LLC. now owns 750 shares of the Internet company based in Singapore's stock valued at $80,000 after purchasing an additional 150 shares during the last quarter. Ballentine Partners LLC increased its holdings in shares of SEA by 5.6% in the fourth quarter. Ballentine Partners LLC now owns 2,970 shares of the Internet company based in Singapore's stock valued at $315,000 after purchasing an additional 158 shares in the last quarter. Roberts Wealth Advisors LLC raised its position in SEA by 0.7% in the 4th quarter. Roberts Wealth Advisors LLC now owns 23,477 shares of the Internet company based in Singapore's stock worth $2,602,000 after purchasing an additional 161 shares during the last quarter. Finally, Moseley Investment Management Inc. lifted its holdings in 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 buying an additional 161 shares in the last quarter. 59.53% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on the company. Sanford C. Bernstein set a $145.00 target price on SEA and gave the company an "outperform" rating in a research note on Wednesday, March 5th. Barclays lifted their price objective on SEA from $148.00 to $182.00 and gave the stock an "overweight" rating in a research report on Friday, March 7th. UBS Group upped their target price on shares of SEA from $135.00 to $176.00 and gave the company a "buy" rating in a research report on Friday, March 7th. Phillip Securities upgraded shares of SEA from a "moderate sell" rating to a "hold" rating in a research report on Friday, March 7th. Finally, Benchmark raised their price objective 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. Four 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 company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $125.43.
View Our Latest Analysis on SE
SEA Stock Up 2.4 %
Shares of SE stock opened at $145.92 on Friday. The company has a market capitalization of $85.96 billion, a price-to-earnings ratio of 972.77 and a beta of 1.70. Sea Limited has a 12-month low of $55.00 and a 12-month high of $147.73. The firm has a fifty day moving average of $127.05 and a 200-day moving average of $118.22. 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 Company Profile
(
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.
See Also
Want to see what other hedge funds are holding SE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sea Limited (NYSE:SE - Free Report).
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