Calamos Wealth Management LLC Grows Position in Sea Limited Sponsored ADR (NYSE:SE)

Calamos Wealth Management LLC increased its stake in Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 194.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,449 shares of the Internet company based in Singapore's stock after buying an additional 13,496 shares during the quarter. Calamos Wealth Management LLC's holdings in SEA were worth $2,668,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Private Trust Co. NA increased its stake in SEA by 474.4% in the fourth quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock worth $26,000 after purchasing an additional 204 shares during the period. Metis Global Partners LLC grew its stake in SEA by 77.2% in the fourth quarter. Metis Global Partners LLC now owns 4,778 shares of the Internet company based in Singapore's stock valued at $507,000 after purchasing an additional 2,082 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in SEA by 193.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,548 shares of the Internet company based in Singapore's stock valued at $166,000 after purchasing an additional 1,020 shares during the last quarter. Jones Financial Companies Lllp grew its stake in SEA by 31.1% in the fourth quarter. Jones Financial Companies Lllp now owns 5,083 shares of the Internet company based in Singapore's stock valued at $539,000 after purchasing an additional 1,207 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in 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 purchasing an additional 19,411 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors.

SEA Stock Performance

Shares of SEA stock traded down $0.06 on Friday, reaching $149.36. 2,289,212 shares of the stock were exchanged, compared to its average volume of 4,350,320. The company has a quick ratio of 1.49, a current ratio of 1.51 and a debt-to-equity ratio of 0.18. Sea Limited Sponsored ADR has a twelve month low of $55.00 and a twelve month high of $172.65. The firm has a market capitalization of $87.99 billion, a price-to-earnings ratio of 105.26 and a beta of 1.60. The business has a 50 day moving average price of $154.57 and a two-hundred day moving average price of $132.49.

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 analysts' consensus estimates of $0.93 by ($0.28). SEA had a return on equity of 10.74% and a net margin of 4.87%. The firm had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.90 billion. During the same period last year, the firm earned ($0.04) EPS. The company's revenue for the quarter was up 29.6% compared to the same quarter last year. Analysts anticipate that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on SE. JPMorgan Chase & Co. upgraded SEA from a "neutral" rating to an "overweight" rating and lifted their target price for the company from $135.00 to $190.00 in a research note on Tuesday, May 13th. UBS Group lifted their target price on SEA from $135.00 to $176.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Wedbush reiterated an "outperform" rating on shares of SEA in a research note on Wednesday, May 14th. Loop Capital reissued a "buy" rating and issued a $190.00 price target (up previously from $165.00) on shares of SEA in a report on Thursday, May 29th. Finally, Arete Research raised SEA to a "strong-buy" rating in a report on Sunday, March 23rd. Three equities research 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 company presently has a consensus rating of "Moderate Buy" and an average price target of $153.17.

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.