Siemens Fonds Invest GmbH Invests $1.67 Million in Sea Limited (NYSE:SE)

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

Other large investors have also modified their holdings of the company. Private Trust Co. NA lifted its holdings in shares of SEA by 474.4% during the 4th quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock worth $26,000 after acquiring an additional 204 shares during the period. Kestra Investment Management LLC purchased a new position in shares of SEA during the 4th quarter worth about $34,000. Farther Finance Advisors LLC lifted its holdings in shares of SEA by 43.8% during the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock worth $39,000 after acquiring an additional 112 shares during the period. Banque Transatlantique SA purchased a new position in shares of SEA during the 4th quarter worth about $39,000. Finally, Huntington National Bank lifted its holdings in shares of SEA by 783.6% during the 4th quarter. Huntington National Bank now owns 486 shares of the Internet company based in Singapore's stock worth $52,000 after acquiring an additional 431 shares during the period. 59.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SE has been the topic of several recent analyst reports. Bank of America lowered shares of SEA from a "buy" rating to a "neutral" rating and set a $160.00 price objective on the stock. in a report on Friday, May 9th. Jefferies Financial Group raised their price target on shares of SEA from $131.00 to $157.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. Wedbush restated an "outperform" rating on shares of SEA in a report on Wednesday, May 14th. Arete Research upgraded shares of SEA to a "strong-buy" rating in a report on Sunday, March 23rd. Finally, Benchmark raised their price target on shares of SEA from $150.00 to $180.00 and gave the company a "buy" rating in a report on Wednesday, May 14th. Three 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. According to data from MarketBeat, SEA currently has an average rating of "Moderate Buy" and a consensus target price of $147.15.

SEA Stock Down 0.5%

Shares of SE traded down $0.81 during mid-day trading on Friday, reaching $160.40. 5,670,257 shares of the stock traded hands, compared to its average volume of 4,454,427. The firm has a market cap of $94.49 billion, a price-to-earnings ratio of 1,069.33 and a beta of 1.70. The stock has a fifty day simple moving average of $136.35 and a 200 day simple moving average of $125.07. Sea Limited has a 12-month low of $55.00 and a 12-month high of $169.28. 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 (NYSE:SE - Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.93 by ($0.28). The firm had revenue of $4.84 billion for the quarter, compared to analysts' expectations of $4.90 billion. SEA had a net margin of 0.64% and a return on equity of 1.40%. The company's revenue for the quarter was up 29.6% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.04) EPS. Sell-side analysts expect that Sea Limited will post 0.74 EPS for the current fiscal year.

SEA 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.