Siemens Fonds Invest GmbH Purchases Shares of 15,693 Sea Limited (NYSE:SE)

Siemens Fonds Invest GmbH bought a new position in shares of Sea Limited (NYSE:SE - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,693 shares of the Internet company based in Singapore's stock, valued at approximately $1,665,000.

A number of other large investors have also recently added to or reduced their stakes in SE. Private Trust Co. NA raised its position in shares of SEA by 474.4% in 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 purchasing an additional 204 shares during the period. Kestra Investment Management LLC bought a new position in shares of SEA in the fourth quarter valued at about $34,000. Farther Finance Advisors LLC raised 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 valued at $39,000 after purchasing an additional 112 shares during the period. Banque Transatlantique SA bought a new position in shares of SEA in the fourth quarter valued at about $39,000. Finally, Huntington National Bank raised its position in shares of SEA by 783.6% in the fourth quarter. Huntington National Bank now owns 486 shares of the Internet company based in Singapore's stock valued at $52,000 after purchasing an additional 431 shares during the period. Institutional investors and hedge funds own 59.53% of the company's stock.

SEA Price Performance

SEA stock traded down $0.81 during trading hours on Friday, reaching $160.40. 5,670,257 shares of the stock were exchanged, compared to its average volume of 4,456,757. The company has a market cap of $94.49 billion, a P/E ratio of 1,069.33 and a beta of 1.70. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. Sea Limited has a twelve month low of $55.00 and a twelve month high of $169.28. The stock has a 50 day moving average of $136.35 and a two-hundred day moving average of $125.36.

SEA (NYSE:SE - Get Free Report) last posted its quarterly earnings results on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 earnings per share for the quarter, missing analysts' consensus estimates of $0.93 by ($0.28). SEA had a net margin of 0.64% and a return on equity of 1.40%. The company had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.90 billion. During the same quarter in the previous year, the business posted ($0.04) earnings per share. The company's revenue for the quarter was up 29.6% on a year-over-year basis. Equities analysts expect that Sea Limited will post 0.74 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on SE shares. Arete Research raised shares of SEA to a "strong-buy" rating in a research report on Sunday, March 23rd. Barclays raised their price target on shares of SEA from $182.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday, May 15th. Loop Capital reaffirmed a "buy" rating and set a $190.00 price target (up from $165.00) on shares of SEA in a research report on Thursday. Jefferies Financial Group raised their price target on shares of SEA from $131.00 to $157.00 and gave the stock a "buy" rating in a research report on Tuesday, March 4th. Finally, JPMorgan Chase & Co. raised shares of SEA from a "neutral" rating to an "overweight" rating and raised their price target for the stock from $135.00 to $190.00 in a research report on Tuesday, May 13th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $147.15.

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.