6,024 Shares in Sea Limited Sponsored ADR $SE Purchased by Bank of Hawaii

Key Points

• Bank of Hawaii has acquired a new stake of 6,024 shares in Sea Limited Sponsored ADR, valued at approximately $786,000.
• Oversea Chinese Banking Corp Ltd significantly increased its stake in SEA by 2,082.7%, now owning shares worth about $3.75 billion.
• SEA reported a quarterly EPS of $0.65, missing estimates but showing a 38.2% increase in revenue year-over-year, totaling $5.26 billion for the quarter.

Bank of Hawaii purchased a new stake in Sea Limited Sponsored ADR (NYSE:SE - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 6,024 shares of the Internet company based in Singapore's stock, valued at approximately $786,000.

A number of other institutional investors also recently made changes to their positions in SE. OVERSEA CHINESE BANKING Corp Ltd increased its stake in shares of SEA by 2,082.7% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 28,766,718 shares of the Internet company based in Singapore's stock worth $3,753,769,000 after purchasing an additional 27,448,779 shares during the period. Kontiki Capital Management HK Ltd. increased its position in SEA by 3.4% during the 1st quarter. Kontiki Capital Management HK Ltd. now owns 3,388,516 shares of the Internet company based in Singapore's stock worth $442,167,000 after buying an additional 111,400 shares during the period. Northern Trust Corp lifted its holdings in shares of SEA by 9.3% during the first quarter. Northern Trust Corp now owns 3,219,713 shares of the Internet company based in Singapore's stock worth $420,140,000 after buying an additional 273,366 shares in the last quarter. Jennison Associates LLC bought a new stake in shares of SEA in the first quarter valued at about $336,521,000. Finally, CoreView Capital Management Ltd boosted its position in shares of SEA by 9.8% in the fourth quarter. CoreView Capital Management Ltd now owns 2,191,601 shares of the Internet company based in Singapore's stock valued at $232,529,000 after acquiring an additional 195,225 shares during the period. Institutional investors own 59.53% of the company's stock.

Analyst Upgrades and Downgrades

SE has been the subject of several analyst reports. Sanford C. Bernstein reiterated an "outperform" rating and issued a $170.00 price objective on shares of SEA in a research note on Wednesday, May 14th. JPMorgan Chase & Co. raised shares of SEA from a "neutral" rating to an "overweight" rating and raised their target price for the stock from $135.00 to $190.00 in a report on Tuesday, May 13th. Barclays boosted their price target on SEA from $200.00 to $214.00 and gave the company an "overweight" rating in a research note on Thursday, August 14th. Bank of America downgraded SEA from a "buy" rating to a "neutral" rating and set a $160.00 price target on the stock. in a research report on Friday, May 9th. Finally, Wedbush upped their target price on SEA from $170.00 to $200.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $173.49.

SEA Stock Up 3.2%

NYSE SE opened at $185.42 on Monday. The business has a fifty day moving average price of $159.15 and a two-hundred day moving average price of $144.66. The stock has a market capitalization of $109.23 billion, a PE ratio of 96.07 and a beta of 1.58. Sea Limited Sponsored ADR has a fifty-two week low of $75.67 and a fifty-two week high of $185.68. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.55 and a quick ratio of 1.54.

SEA (NYSE:SE - Get Free Report) last posted its quarterly earnings results on Tuesday, August 12th. The Internet company based in Singapore reported $0.65 EPS for the quarter, missing analysts' consensus estimates of $1.03 by ($0.38). SEA had a return on equity of 13.66% and a net margin of 6.23%.The business had revenue of $5.26 billion for the quarter, compared to analyst estimates of $5 billion. During the same period last year, the firm posted $0.14 EPS. SEA's quarterly revenue was up 38.2% on a year-over-year basis. Equities analysts expect that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current fiscal year.

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.

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