Baldwin Wealth Partners LLC MA Makes New Investment in Sea Limited (NYSE:SE)

Baldwin Wealth Partners LLC MA acquired a new position in Sea Limited (NYSE:SE - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,593 shares of the Internet company based in Singapore's stock, valued at approximately $208,000.

Several other institutional investors have also recently modified their holdings of SE. Charles Schwab Investment Management Inc. boosted its stake in shares of SEA by 7.1% during 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 purchasing an additional 19,411 shares during the period. Brucke Financial Inc. purchased a new stake in SEA during the 4th quarter valued at $211,000. Atria Wealth Solutions Inc. grew its holdings in SEA by 59.2% in the 4th quarter. Atria Wealth Solutions Inc. now owns 4,013 shares of the Internet company based in Singapore's stock worth $426,000 after acquiring an additional 1,493 shares during the last quarter. Global Retirement Partners LLC increased its position in shares of SEA by 342.7% in the fourth quarter. Global Retirement Partners LLC now owns 1,492 shares of the Internet company based in Singapore's stock valued at $158,000 after acquiring 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 fourth 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 acquiring an additional 5,918 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors.

SEA Stock Down 0.9%

Shares of NYSE SE traded down $1.39 during trading on Thursday, reaching $153.05. The company had a trading volume of 2,189,705 shares, compared to its average volume of 4,721,456. The business's 50-day moving average is $142.23 and its 200 day moving average is $128.06. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. The stock has a market cap of $90.16 billion, a PE ratio of 1,020.33 and a beta of 1.64. Sea Limited has a 12-month low of $55.00 and a 12-month high of $172.65.

SEA (NYSE:SE - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 earnings per share for the quarter, missing analysts' consensus estimates of $0.93 by ($0.28). The firm had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.90 billion. SEA had a net margin of 0.64% and a return on equity of 1.40%. The firm's revenue for the quarter was up 29.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.04) earnings per share. As a group, equities analysts forecast that Sea Limited will post 0.74 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on SE shares. JPMorgan Chase & Co. raised SEA from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $135.00 to $190.00 in a research note on Tuesday, May 13th. Bank of America downgraded shares of SEA from a "buy" rating to a "neutral" rating and set a $160.00 price target for the company. in a research note on Friday, May 9th. UBS Group upped their target price on SEA from $135.00 to $176.00 and gave the stock a "buy" rating in a report on Friday, March 7th. Arete Research upgraded SEA to a "strong-buy" rating in a research note on Sunday, March 23rd. Finally, Jefferies Financial Group lifted their price target on SEA from $131.00 to $157.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. Three equities 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. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $147.15.

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.