AssuredPartners Investment Advisors LLC acquired a new position in Sea Limited Sponsored ADR (NYSE:SE - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,165 shares of the Internet company based in Singapore's stock, valued at approximately $413,000.
Other hedge funds have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its stake in shares of SEA by 7.1% in the fourth 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 buying an additional 19,411 shares during the period. Brucke Financial Inc. bought a new stake in shares of SEA in the fourth quarter valued at $211,000. Atria Wealth Solutions Inc. raised its stake in shares of SEA by 59.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 4,013 shares of the Internet company based in Singapore's stock valued at $426,000 after buying an additional 1,493 shares during the period. Global Retirement Partners LLC raised its stake in shares of SEA by 342.7% during the 4th quarter. Global Retirement Partners LLC now owns 1,492 shares of the Internet company based in Singapore's stock valued at $158,000 after purchasing an additional 1,155 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in shares of SEA by 46.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 18,664 shares of the Internet company based in Singapore's stock valued at $1,980,000 after purchasing an additional 5,918 shares during the period. 59.53% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
SE has been the topic of a number of analyst reports. Wall Street Zen lowered SEA from a "buy" rating to a "hold" rating in a research note on Sunday. UBS Group boosted their price objective on SEA from $135.00 to $176.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Sanford C. Bernstein reiterated 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 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. Finally, Phillip Securities upgraded SEA from a "moderate sell" rating to a "hold" rating in a research note on Friday, March 7th. Four equities research 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 presently has a consensus rating of "Moderate Buy" and a consensus target price of $147.15.
Check Out Our Latest Stock Report on SE
SEA Price Performance
Shares of SEA stock opened at $158.48 on Wednesday. The company has a current ratio of 1.51, a quick ratio of 1.49 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $93.36 billion, a PE ratio of 111.61 and a beta of 1.64. The business's 50-day moving average price is $149.71 and its 200-day moving average price is $130.69. Sea Limited Sponsored ADR has a 12 month low of $55.00 and a 12 month 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 for the quarter, missing the consensus estimate of $0.93 by ($0.28). The company had revenue of $4.84 billion for the quarter, compared to analysts' expectations of $4.90 billion. SEA had a net margin of 4.87% and a return on equity of 10.74%. The company's revenue was up 29.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.04) earnings per share. Sell-side analysts forecast that Sea Limited Sponsored ADR will post 0.74 EPS for the current fiscal year.
SEA Profile
(
Free Report)
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.
Further Reading
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.
Before you consider SEA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SEA wasn't on the list.
While SEA currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
