Colonial River Investments LLC acquired a new position in Sea Limited Sponsored ADR (NYSE:SE - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,369 shares of the Internet company based in Singapore's stock, valued at approximately $962,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. State of Wyoming boosted its position in SEA by 3.1% during the 4th quarter. State of Wyoming now owns 3,010 shares of the Internet company based in Singapore's stock valued at $319,000 after acquiring an additional 90 shares in the last quarter. Blue Trust Inc. boosted its position in SEA by 4.8% during the first quarter. Blue Trust Inc. now owns 2,043 shares of the Internet company based in Singapore's stock valued at $267,000 after purchasing an additional 93 shares in the last quarter. SOA Wealth Advisors LLC. boosted its holdings in shares of SEA by 13.3% in the 1st quarter. SOA Wealth Advisors LLC. now owns 850 shares of the Internet company based in Singapore's stock valued at $111,000 after buying an additional 100 shares in the last quarter. Covenant Partners LLC boosted its holdings in shares of SEA by 2.4% in the 4th quarter. Covenant Partners LLC now owns 4,248 shares of the Internet company based in Singapore's stock valued at $451,000 after buying an additional 101 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted 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 valued at $39,000 after acquiring an additional 112 shares in the last quarter. Institutional investors own 59.53% of the company's stock.
SEA Trading Up 0.5%
NYSE SE opened at $159.38 on Friday. The company has a market capitalization of $93.89 billion, a PE ratio of 112.24 and a beta of 1.64. The company has a fifty day moving average of $151.97 and a 200 day moving average of $131.49. Sea Limited Sponsored ADR has a 1 year low of $55.00 and a 1 year high of $172.65. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.51 and a quick ratio of 1.49.
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 the consensus estimate of $0.93 by ($0.28). The company had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.90 billion. SEA had a net margin of 4.87% and a return on equity of 10.74%. The business's quarterly revenue was up 29.6% compared to the same quarter last year. During the same period last year, the firm earned ($0.04) EPS. Research analysts forecast that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on SE. Loop Capital reissued a "buy" rating and issued a $190.00 price objective (up previously from $165.00) on shares of SEA in a research report on Thursday, May 29th. Bank of America downgraded SEA from a "buy" rating to a "neutral" rating and set a $160.00 price target for the company. in a report on Friday, May 9th. Wall Street Zen downgraded SEA from a "buy" rating to a "hold" rating in a report on Sunday, June 22nd. Wedbush reissued an "outperform" rating on shares of SEA in a report on Wednesday, May 14th. Finally, Barclays lifted their price objective on shares of SEA from $182.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, May 15th. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $147.15.
Get Our Latest Report on SEA
SEA Profile
(
Free Report)
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.
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