Capital Advisors Inc. OK Acquires 10,824 Shares of Sea Limited Sponsored ADR (NYSE:SE)

Capital Advisors Inc. OK grew its stake in shares of Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 4.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 267,546 shares of the Internet company based in Singapore's stock after buying an additional 10,824 shares during the quarter. Capital Advisors Inc. OK's holdings in SEA were worth $34,912,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sava Infond d.o.o. bought a new stake in shares of SEA in the first quarter worth about $26,000. Tradewinds Capital Management LLC grew its stake in shares of 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 during the last quarter. Inlight Wealth Management LLC bought a new stake in shares of SEA in the first quarter worth about $28,000. Fifth Third Bancorp grew its stake in shares of 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 during the last quarter. Finally, Farther Finance Advisors LLC grew its stake in shares of 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 during the last quarter. 59.53% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on SE. Barclays raised their target price on SEA from $182.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, May 15th. JPMorgan Chase & Co. raised SEA from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $135.00 to $190.00 in a research report on Tuesday, May 13th. Arete Research raised SEA to a "strong-buy" rating in a research report on Sunday, March 23rd. Loop Capital reaffirmed a "buy" rating and set a $190.00 price objective (up from $165.00) on shares of SEA in a research report on Thursday, May 29th. Finally, Bank of America cut SEA from a "buy" rating to a "neutral" rating and set a $160.00 price objective on the stock. in a research report on Friday, May 9th. Three equities research analysts have rated the stock with a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $153.17.

SEA Stock Up 2.5%

Shares of SE traded up $3.79 during mid-day trading on Wednesday, reaching $152.90. The company had a trading volume of 3,987,688 shares, compared to its average volume of 4,339,846. 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 firm has a 50-day moving average price of $156.09 and a 200 day moving average price of $133.55. Sea Limited Sponsored ADR has a 52 week low of $55.00 and a 52 week high of $172.65. The company has a market capitalization of $90.07 billion, a price-to-earnings ratio of 107.68 and a beta of 1.60.

SEA (NYSE:SE - Get Free Report) last issued its quarterly 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 company had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $4.90 billion. During the same period in the prior year, the firm earned ($0.04) earnings per share. The business's revenue for the quarter was up 29.6% compared to the same quarter last year. On average, sell-side analysts forecast that Sea Limited Sponsored ADR will post 0.74 EPS 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.