CANADA LIFE ASSURANCE Co Has $30.10 Million Stock Holdings in Sea Limited (NYSE:SE)

CANADA LIFE ASSURANCE Co raised its position in shares of Sea Limited (NYSE:SE - Free Report) by 0.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 284,005 shares of the Internet company based in Singapore's stock after acquiring an additional 2,220 shares during the period. CANADA LIFE ASSURANCE Co's holdings in SEA were worth $30,097,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new stake in SEA in the fourth quarter worth about $1,493,682,000. WCM Investment Management LLC lifted its stake in shares of SEA by 22.8% during the fourth quarter. WCM Investment Management LLC now owns 25,663,667 shares of the Internet company based in Singapore's stock worth $2,758,331,000 after buying an additional 4,761,289 shares during the period. Perpetual Ltd increased its position in shares of SEA by 3,033.0% in the 4th quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore's stock valued at $222,598,000 after acquiring an additional 2,031,038 shares during the period. Baillie Gifford & Co. increased its holdings in shares of SEA by 3.5% in the fourth quarter. Baillie Gifford & Co. now owns 40,954,549 shares of the Internet company based in Singapore's stock valued at $4,345,278,000 after purchasing an additional 1,390,531 shares during the period. Finally, Ninety One UK Ltd lifted its stake in SEA by 1,673.2% during the 4th quarter. Ninety One UK Ltd now owns 1,243,888 shares of the Internet company based in Singapore's stock valued at $131,977,000 after acquiring an additional 1,173,738 shares during the period. 59.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Arete Research upgraded SEA to a "strong-buy" rating in a research note on Sunday, March 23rd. Sanford C. Bernstein set a $145.00 price target on SEA and gave the stock an "outperform" rating in a research note on Wednesday, March 5th. Loop Capital boosted their price target on shares of SEA from $135.00 to $165.00 and gave the stock a "buy" rating in a research note on Monday, March 31st. UBS Group raised their target price on shares of SEA from $135.00 to $176.00 and gave the company a "buy" rating in a report on Friday, March 7th. Finally, Benchmark increased 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. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $125.43.

SEA Trading Up 3.3 %

SEA stock traded up $4.16 during midday trading on Friday, reaching $128.39. The stock had a trading volume of 1,389,550 shares, compared to its average volume of 4,612,930. Sea Limited has a twelve month low of $55.00 and a twelve month 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 firm has a market cap of $73.48 billion, a price-to-earnings ratio of 854.66 and a beta of 1.73. The firm's fifty day simple moving average is $125.33 and its two-hundred day simple moving average is $115.47.

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.