1,810 Shares in Sea Limited Sponsored ADR (NYSE:SE) Acquired by Callan Capital LLC

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

Several other large investors also recently modified their holdings of SE. Jones Financial Companies Lllp grew its holdings in shares of SEA by 31.1% during the 4th quarter. Jones Financial Companies Lllp now owns 5,083 shares of the Internet company based in Singapore's stock worth $539,000 after purchasing an additional 1,207 shares in the last quarter. Charles Schwab Investment Management Inc. boosted 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 buying an additional 19,411 shares in the last quarter. Assetmark Inc. boosted its stake in SEA by 109.0% in the fourth quarter. Assetmark Inc. now owns 2,982 shares of the Internet company based in Singapore's stock valued at $316,000 after buying an additional 1,555 shares in the last quarter. Atria Investments Inc boosted its stake in SEA by 21.5% in the fourth quarter. Atria Investments Inc now owns 17,767 shares of the Internet company based in Singapore's stock valued at $1,885,000 after buying an additional 3,146 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in SEA in the fourth quarter valued at about $19,247,000. 59.53% of the stock is owned by institutional investors and hedge funds.

SEA Trading Down 0.8%

Shares of SE traded down $1.24 during mid-day trading on Friday, reaching $148.16. 2,875,024 shares of the company were exchanged, compared to its average volume of 4,356,027. Sea Limited Sponsored ADR has a 52 week low of $55.00 and a 52 week high of $172.65. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.49 and a current ratio of 1.51. The stock has a market capitalization of $87.28 billion, a PE ratio of 104.34 and a beta of 1.60. The business has a 50 day simple moving average of $156.46 and a two-hundred day simple moving average of $134.23.

SEA (NYSE:SE - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 earnings per share (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 company had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.90 billion. During the same quarter last year, the business earned ($0.04) earnings per share. SEA's revenue was up 29.6% compared to the same quarter last year. On average, analysts predict that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Bank of America lowered SEA from a "buy" rating to a "neutral" rating and set a $160.00 price objective on the stock. in a research note on Friday, May 9th. Benchmark raised their price objective on SEA from $150.00 to $180.00 and gave the company a "buy" rating in a research note on Wednesday, May 14th. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $170.00 price objective on shares of SEA in a research note on Wednesday, May 14th. Wedbush reaffirmed an "outperform" rating on shares of SEA in a research note on Wednesday, May 14th. Finally, Arete Research upgraded SEA to a "strong-buy" rating in a research report on Sunday, March 23rd. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, SEA currently has an average rating of "Moderate Buy" and an average 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.