Catalyst Capital Advisors LLC Purchases Shares of 23,225 Sea Limited Sponsored ADR (NYSE:SE)

Catalyst Capital Advisors LLC purchased a new stake in shares of Sea Limited Sponsored ADR (NYSE:SE - Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 23,225 shares of the Internet company based in Singapore's stock, valued at approximately $3,031,000.

A number of other institutional investors and hedge funds also recently modified their holdings of SE. Private Trust Co. NA grew its holdings in SEA by 474.4% during the fourth quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock valued at $26,000 after purchasing an additional 204 shares during the period. Metis Global Partners LLC grew its holdings in SEA by 77.2% during 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 period. Smartleaf Asset Management LLC grew its holdings in SEA by 193.2% during 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 period. Jones Financial Companies Lllp grew its holdings in SEA by 31.1% during 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 period. Finally, Charles Schwab Investment Management Inc. grew its holdings in SEA by 7.1% during 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 period. 59.53% of the stock is owned by hedge funds and other institutional investors.

SEA Price Performance

NYSE:SE traded down $0.06 during trading hours on Friday, hitting $149.36. 2,289,212 shares of the company's stock traded hands, compared to its average volume of 4,350,320. The firm has a market cap of $87.99 billion, a P/E ratio of 105.18 and a beta of 1.60. Sea Limited Sponsored ADR has a 52 week low of $55.00 and a 52 week high of $172.65. The business's fifty day simple moving average is $155.00 and its two-hundred day simple moving average is $132.72. 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 (NYSE:SE - Get Free Report) last posted 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 the consensus estimate of $0.93 by ($0.28). The business had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.90 billion. SEA had a net margin of 4.87% and a return on equity of 10.74%. SEA's quarterly revenue was up 29.6% on a year-over-year basis. During the same period in the prior year, the business posted ($0.04) EPS. On average, research analysts anticipate that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SE has been the subject of a number of analyst reports. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $170.00 price target on shares of SEA in a report on Wednesday, May 14th. Wall Street Zen raised SEA from a "hold" rating to a "buy" rating in a report on Monday, June 30th. Arete Research raised SEA to a "strong-buy" rating in a report on Sunday, March 23rd. Phillip Securities raised SEA from a "moderate sell" rating to a "hold" rating in a report on Friday, March 7th. Finally, Benchmark raised their price target on SEA from $150.00 to $180.00 and gave the stock a "buy" rating in a report on Wednesday, May 14th. Three 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 stock. According to data from MarketBeat, SEA has an average rating of "Moderate Buy" and a consensus price target of $153.17.

About SEA

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.