Callan Capital LLC Takes Position in Sea Limited Sponsored ADR (NYSE:SE)

Callan Capital LLC acquired a new stake in Sea Limited Sponsored ADR (NYSE:SE - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,810 shares of the Internet company based in Singapore's stock, valued at approximately $236,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Sava Infond d.o.o. acquired a new stake in shares of SEA during the first quarter valued at about $26,000. Tradewinds Capital Management LLC grew its stake in SEA by 100.0% in 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 in the last quarter. Inlight Wealth Management LLC acquired a new position in SEA in the first quarter worth about $28,000. Fifth Third Bancorp grew its stake in SEA by 464.3% in the first quarter. Fifth Third Bancorp now owns 237 shares of the Internet company based in Singapore's stock worth $31,000 after purchasing an additional 195 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its stake in SEA by 43.8% in the fourth quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock worth $39,000 after purchasing an additional 112 shares in the last quarter. 59.53% of the stock is owned by hedge funds and other institutional investors.

SEA Stock Performance

SE traded up $3.79 during trading hours on Wednesday, hitting $152.90. The company's stock had a trading volume of 3,987,688 shares, compared to its average volume of 4,341,492. Sea Limited Sponsored ADR has a fifty-two week low of $55.00 and a fifty-two week high of $172.65. 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 firm has a market capitalization of $90.08 billion, a PE ratio of 107.68 and a beta of 1.60. The company has a 50-day simple moving average of $155.71 and a 200 day simple moving average of $133.41.

SEA (NYSE:SE - Get Free Report) last posted 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). SEA had a net margin of 4.87% and a return on equity of 10.74%. The business had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.90 billion. During the same quarter in the prior year, the business earned ($0.04) earnings per share. The firm's revenue was up 29.6% compared to the same quarter last year. As a group, sell-side analysts expect that Sea Limited Sponsored ADR will post 0.74 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on SE shares. Barclays lifted their price target on SEA from $182.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, May 15th. Benchmark lifted their price target on SEA from $150.00 to $180.00 and gave the stock a "buy" rating in a research note on Wednesday, May 14th. Wall Street Zen upgraded SEA from a "hold" rating to a "buy" rating in a research note on Monday, June 30th. Arete Research upgraded SEA to a "strong-buy" rating in a research note on Sunday, March 23rd. Finally, JPMorgan Chase & Co. raised shares of SEA from a "neutral" rating to an "overweight" rating and raised their target price for the stock from $135.00 to $190.00 in a report on Tuesday, May 13th. Three analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $153.17.

SEA 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.