6,317 Shares in Sea Limited Sponsored ADR (NYSE:SE) Acquired by Hohimer Wealth Management LLC

Hohimer Wealth Management LLC acquired a new stake in shares of Sea Limited Sponsored ADR (NYSE:SE - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,317 shares of the Internet company based in Singapore's stock, valued at approximately $824,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of SEA by 42.0% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 17,409 shares of the Internet company based in Singapore's stock valued at $2,272,000 after purchasing an additional 5,153 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of SEA by 8.6% in the 1st quarter. Sequoia Financial Advisors LLC now owns 3,536 shares of the Internet company based in Singapore's stock valued at $461,000 after acquiring an additional 279 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of SEA by 7.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 291,158 shares of the Internet company based in Singapore's stock valued at $30,892,000 after acquiring an additional 19,411 shares during the period. Brucke Financial Inc. purchased a new position in shares of SEA in the 4th quarter valued at $211,000. Finally, Sowell Financial Services LLC purchased a new position in shares of SEA in the 1st quarter valued at $216,000. Institutional investors and hedge funds own 59.53% of the company's stock.

SEA Stock Performance

SE stock opened at $148.16 on Monday. The company has a quick ratio of 1.49, a current ratio of 1.51 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $87.28 billion, a price-to-earnings ratio of 104.34 and a beta of 1.60. Sea Limited Sponsored ADR has a 12 month low of $55.00 and a 12 month high of $172.65. The firm has a 50 day moving average of $156.46 and a two-hundred day moving average of $134.40.

SEA (NYSE:SE - Get Free Report) last posted its earnings results on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.28). The business had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $4.90 billion. SEA had a return on equity of 10.74% and a net margin of 4.87%. The business's revenue was up 29.6% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.04) earnings per share. As a group, equities analysts anticipate that Sea Limited Sponsored ADR will post 0.74 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on SE. Bank of America downgraded shares of SEA from a "buy" rating to a "neutral" rating and set a $160.00 target price on the stock. in a research note on Friday, May 9th. Benchmark lifted their price target on shares of SEA from $150.00 to $180.00 and gave the stock a "buy" rating in a research note on Wednesday, May 14th. JPMorgan Chase & Co. raised shares of SEA from a "neutral" rating to an "overweight" rating and lifted their price target for the stock from $135.00 to $190.00 in a research note on Tuesday, May 13th. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $170.00 price target on shares of SEA in a research note on Wednesday, May 14th. Finally, Loop Capital reissued a "buy" rating and issued a $190.00 target price (up previously from $165.00) on shares of SEA in a research report on Thursday, May 29th. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, SEA presently has an average rating of "Moderate Buy" and an average target price of $153.17.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.