Autumn Glory Partners LLC bought a new position in shares of Sea Limited Sponsored ADR (NYSE:SE - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,775 shares of the Internet company based in Singapore's stock, valued at approximately $232,000.
A number of other large investors have also modified their holdings of the business. Matthews International Capital Management LLC raised its stake in shares of SEA by 4.5% during the 1st quarter. Matthews International Capital Management LLC now owns 420,254 shares of the Internet company based in Singapore's stock worth $54,839,000 after buying an additional 18,255 shares in the last quarter. CENTRAL TRUST Co grew its holdings in shares of SEA by 19.5% in the 1st quarter. CENTRAL TRUST Co now owns 10,037 shares of the Internet company based in Singapore's stock worth $1,310,000 after acquiring an additional 1,641 shares during the period. Rakuten Securities Inc. grew its holdings in shares of SEA by 5,614.2% in the 1st quarter. Rakuten Securities Inc. now owns 31,714 shares of the Internet company based in Singapore's stock worth $4,138,000 after acquiring an additional 31,159 shares during the period. Grove Bank & Trust grew its holdings in shares of SEA by 524.2% in the 1st quarter. Grove Bank & Trust now owns 593 shares of the Internet company based in Singapore's stock worth $77,000 after acquiring an additional 498 shares during the period. Finally, FNY Investment Advisers LLC acquired a new stake in shares of SEA in the 1st quarter worth approximately $65,000. 59.53% of the stock is owned by hedge funds and other institutional investors.
SEA Price Performance
SE stock opened at $155.93 on Thursday. Sea Limited Sponsored ADR has a 52-week low of $55.00 and a 52-week high of $172.65. The stock's fifty day simple moving average is $146.73 and its 200-day simple moving average is $129.49. 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 stock has a market capitalization of $91.86 billion, a price-to-earnings ratio of 109.81 and a beta of 1.64.
SEA (NYSE:SE - Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by ($0.28). SEA had a return on equity of 10.74% and a net margin of 4.87%. The business had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.90 billion. During the same quarter last year, the business earned ($0.04) EPS. SEA's revenue for the quarter was up 29.6% compared to the same quarter last year. Equities research analysts expect that Sea Limited Sponsored ADR will post 0.74 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on SE shares. Bank of America cut SEA from a "buy" rating to a "neutral" rating and set a $160.00 price target on the stock. in a report on Friday, May 9th. Jefferies Financial Group upped their price target on SEA from $131.00 to $157.00 and gave the stock a "buy" rating in a report on Tuesday, March 4th. Wedbush restated an "outperform" rating on shares of SEA in a report on Wednesday, May 14th. Sanford C. Bernstein reiterated an "outperform" rating and set a $170.00 target price on shares of SEA in a report on Wednesday, May 14th. Finally, Phillip Securities upgraded SEA from a "moderate sell" rating to a "hold" rating in a report on Friday, March 7th. Three investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $147.15.
View Our Latest Stock Analysis on SE
About SEA
(
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.
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