Asset Management One Co. Ltd. Buys 8,942 Shares of Sea Limited Sponsored ADR (NYSE:SE)

Asset Management One Co. Ltd. lifted its position in Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 3.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 261,264 shares of the Internet company based in Singapore's stock after buying an additional 8,942 shares during the quarter. Asset Management One Co. Ltd.'s holdings in SEA were worth $34,092,000 as of its most recent filing with the Securities and Exchange Commission.

Several 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 fourth quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock worth $26,000 after buying an additional 204 shares during the last quarter. Inlight Wealth Management LLC bought a new position in SEA during the first quarter worth $28,000. Fifth Third Bancorp raised its stake in SEA by 464.3% during the 1st quarter. Fifth Third Bancorp now owns 237 shares of the Internet company based in Singapore's stock valued at $31,000 after purchasing an additional 195 shares during the last quarter. Farther Finance Advisors LLC raised its stake in 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 valued at $39,000 after purchasing an additional 112 shares during the last quarter. Finally, Banque Transatlantique SA bought a new stake in SEA in the 4th quarter valued at $39,000. 59.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on SE. Benchmark boosted their price objective on shares of SEA from $150.00 to $180.00 and gave the stock a "buy" rating in a report on Wednesday, May 14th. Jefferies Financial Group upped their target price on shares of SEA from $131.00 to $157.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. Wedbush reissued an "outperform" rating on shares of SEA in a research report on Wednesday, May 14th. UBS Group lifted their price objective on SEA from $135.00 to $176.00 and gave the company a "buy" rating in a report on Friday, March 7th. Finally, JPMorgan Chase & Co. raised SEA from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $135.00 to $190.00 in a report on Tuesday, May 13th. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $147.15.

SEA Trading Down 1.5%

Shares of NYSE SE traded down $2.37 during midday trading on Wednesday, hitting $155.92. The stock had a trading volume of 3,560,457 shares, compared to its average volume of 4,662,153. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.51 and a quick ratio of 1.49. The firm has a market cap of $91.85 billion, a P/E ratio of 109.80 and a beta of 1.64. The company's 50-day simple moving average is $149.71 and its 200 day simple moving average is $130.69. Sea Limited Sponsored ADR has a fifty-two week low of $55.00 and a fifty-two week high of $172.65.

SEA (NYSE:SE - Get Free Report) last issued its earnings results 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). SEA had a return on equity of 10.74% and a net margin of 4.87%. The company had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.90 billion. During the same quarter last year, the business posted ($0.04) EPS. SEA's quarterly revenue was up 29.6% on a year-over-year basis. Research analysts anticipate that Sea Limited Sponsored ADR will post 0.74 EPS for the current 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.