Banque Cantonale Vaudoise Makes New $3.60 Million Investment in Sea Limited Sponsored ADR (NYSE:SE)

Banque Cantonale Vaudoise bought a new stake in Sea Limited Sponsored ADR (NYSE:SE - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 27,560 shares of the Internet company based in Singapore's stock, valued at approximately $3,597,000.

Other large investors have also modified their holdings of the company. Pacer Advisors Inc. grew its position in SEA by 2.9% in the first quarter. Pacer Advisors Inc. now owns 3,082 shares of the Internet company based in Singapore's stock valued at $402,000 after acquiring an additional 87 shares during the period. State of Wyoming grew its holdings in shares of SEA by 3.1% during the fourth quarter. State of Wyoming now owns 3,010 shares of the Internet company based in Singapore's stock worth $319,000 after purchasing an additional 90 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of SEA by 4.8% during the first quarter. Blue Trust Inc. now owns 2,043 shares of the Internet company based in Singapore's stock worth $267,000 after purchasing an additional 93 shares during the last quarter. SOA Wealth Advisors LLC. grew its holdings in shares of SEA by 13.3% during the first quarter. SOA Wealth Advisors LLC. now owns 850 shares of the Internet company based in Singapore's stock worth $111,000 after purchasing an additional 100 shares during the last quarter. Finally, Tradewinds Capital Management LLC grew its holdings in shares of SEA by 100.0% during the first quarter. Tradewinds Capital Management LLC now owns 200 shares of the Internet company based in Singapore's stock worth $26,000 after purchasing an additional 100 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.

SEA Stock Down 1.6%

Shares of NYSE SE traded down $2.44 during mid-day trading on Friday, reaching $154.21. 2,765,978 shares of the company's stock were exchanged, compared to its average volume of 4,553,563. The firm has a market capitalization of $90.85 billion, a price-to-earnings ratio of 108.60 and a beta of 1.60. 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 business has a fifty day simple moving average of $158.12 and a 200 day simple moving average of $139.04. Sea Limited Sponsored ADR has a twelve month low of $55.00 and a twelve month high of $172.65.

SEA (NYSE:SE - Get Free Report) last released its earnings results on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 EPS 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 the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.04) EPS. As a group, equities analysts expect that Sea Limited Sponsored ADR will post 0.74 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on the company. JPMorgan Chase & Co. upgraded 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. Loop Capital restated a "buy" rating and set a $190.00 target price (up previously from $165.00) on shares of SEA in a report on Thursday, May 29th. Sanford C. Bernstein reiterated an "outperform" rating and issued a $170.00 price target on shares of SEA in a report on Wednesday, May 14th. Benchmark raised their price target on SEA from $150.00 to $180.00 and gave the company a "buy" rating in a report on Wednesday, May 14th. Finally, Wall Street Zen cut SEA from a "buy" rating to a "hold" rating in a report on Saturday, July 12th. Four equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $159.82.

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.