Amiral Gestion Invests $3.71 Million in Sea Limited (NYSE:SE)

Amiral Gestion bought a new stake in shares of Sea Limited (NYSE:SE - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 35,000 shares of the Internet company based in Singapore's stock, valued at approximately $3,714,000. SEA accounts for about 2.3% of Amiral Gestion's investment portfolio, making the stock its 13th largest position.

A number of other institutional investors have also added to or reduced their stakes in SE. Norges Bank acquired a new stake in SEA in the fourth quarter valued at approximately $1,493,682,000. WCM Investment Management LLC boosted its position in SEA by 22.8% in the fourth quarter. WCM Investment Management LLC now owns 25,663,667 shares of the Internet company based in Singapore's stock valued at $2,758,331,000 after buying an additional 4,761,289 shares during the last quarter. Baillie Gifford & Co. increased its stake 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 worth $4,345,278,000 after acquiring an additional 1,390,531 shares during the period. Capital Research Global Investors grew its position in SEA by 19.5% during the 4th quarter. Capital Research Global Investors now owns 8,126,064 shares of the Internet company based in Singapore's stock worth $862,175,000 after purchasing an additional 1,325,183 shares during the period. Finally, Ninety One UK Ltd raised its stake in shares of 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 buying an additional 1,173,738 shares during the last quarter. Hedge funds and other institutional investors own 59.53% of the company's stock.

SEA Price Performance

Shares of NYSE SE traded up $1.42 during trading on Tuesday, hitting $165.48. The company had a trading volume of 6,393,597 shares, compared to its average volume of 4,458,785. 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 Limited has a fifty-two week low of $55.00 and a fifty-two week high of $169.19. The firm has a market capitalization of $97.49 billion, a price-to-earnings ratio of 1,103.20 and a beta of 1.70. The stock has a fifty day simple moving average of $133.58 and a two-hundred day simple moving average of $123.70.

SEA (NYSE:SE - Get Free Report) last released its earnings results on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.93 by ($0.28). The firm had revenue of $4.84 billion during 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 business's revenue was up 29.6% compared to the same quarter last year. During the same quarter last year, the business earned ($0.04) EPS. On average, research analysts expect that Sea Limited will post 0.74 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on SE. Loop Capital upped their target price on SEA from $135.00 to $165.00 and gave the stock a "buy" rating in a research note on Monday, March 31st. UBS Group boosted their price target on SEA from $135.00 to $176.00 and gave the company a "buy" rating in a report on Friday, March 7th. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $170.00 price objective on shares of SEA in a research note on Wednesday, May 14th. Bank of America lowered shares of SEA from a "buy" rating to a "neutral" rating and set a $160.00 target price for the company. in a report on Friday, May 9th. Finally, Barclays increased their price target on shares of SEA from $182.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, May 15th. Three 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. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $145.23.

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.