BW Gestao de Investimentos Ltda. Makes New $1.98 Million Investment in Sea Limited Sponsored ADR $SE

Key Points

• BW Gestao de Investimentos Ltda. made a new investment of approximately $1.98 million in Sea Limited Sponsored ADR by purchasing 15,200 shares in the first quarter.
• Institutional investors hold over 59.53% of Sea Limited's stock, with significant increases in stakes from various funds including Banque Transatlantique SA and Federation des caisses Desjardins du Quebec.
• Analysts have upgraded Sea Limited's stock ratings, with JPMorgan Chase raising the target price from $135 to $190, while the stock currently holds a consensus rating of "Moderate Buy" and an average target price of $173.76.

BW Gestao de Investimentos Ltda. purchased a new position in Sea Limited Sponsored ADR (NYSE:SE - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,200 shares of the Internet company based in Singapore's stock, valued at approximately $1,983,000.

Several other institutional investors have also modified their holdings of the business. Banque Transatlantique SA grew its stake in shares of SEA by 904.1% in the first quarter. Banque Transatlantique SA now owns 3,715 shares of the Internet company based in Singapore's stock worth $448,000 after acquiring an additional 3,345 shares in the last quarter. Federation des caisses Desjardins du Quebec grew its stake in shares of SEA by 14.0% in the first quarter. Federation des caisses Desjardins du Quebec now owns 64,244 shares of the Internet company based in Singapore's stock worth $8,385,000 after acquiring an additional 7,881 shares in the last quarter. Flputnam Investment Management Co. acquired a new position in shares of SEA in the first quarter worth $225,000. Apis Capital Advisors LLC grew its stake in shares of SEA by 2.7% in the first quarter. Apis Capital Advisors LLC now owns 38,000 shares of the Internet company based in Singapore's stock worth $4,959,000 after acquiring an additional 1,000 shares in the last quarter. Finally, MAI Capital Management grew its stake in shares of SEA by 7.3% in the first quarter. MAI Capital Management now owns 1,198 shares of the Internet company based in Singapore's stock worth $156,000 after acquiring an additional 82 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. upgraded shares of SEA from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $135.00 to $190.00 in a research note on Tuesday, May 13th. Wedbush boosted their target price on shares of SEA from $170.00 to $200.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 13th. Sanford C. Bernstein reiterated an "outperform" rating and set a $170.00 target price on shares of SEA in a research note on Wednesday, May 14th. Arete Research set a $177.00 target price on shares of SEA in a research note on Tuesday. Finally, Wall Street Zen upgraded shares of SEA from a "hold" rating to a "buy" rating in a research note on Saturday, August 16th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $173.76.

SEA Stock Performance

Shares of SE stock opened at $178.56 on Wednesday. The stock's 50-day moving average is $163.17 and its two-hundred day moving average is $147.26. The firm has a market cap of $105.19 billion, a price-to-earnings ratio of 92.52 and a beta of 1.53. Sea Limited Sponsored ADR has a 1 year low of $75.67 and a 1 year high of $190.75. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.54 and a current ratio of 1.55.

SEA (NYSE:SE - Get Free Report) last released its quarterly earnings results on Tuesday, August 12th. The Internet company based in Singapore reported $0.65 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.03 by ($0.38). The firm had revenue of $5.26 billion for the quarter, compared to analysts' expectations of $5 billion. SEA had a return on equity of 13.66% and a net margin of 6.23%.The company's quarterly revenue was up 38.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.14 EPS. Analysts predict that Sea Limited Sponsored ADR will post 0.74 earnings per share 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.

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