DekaBank Deutsche Girozentrale Has $4.67 Million Stake in Sea Limited Sponsored ADR (NYSE:SE)

DekaBank Deutsche Girozentrale lessened its stake in Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 29.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 36,656 shares of the Internet company based in Singapore's stock after selling 15,225 shares during the quarter. DekaBank Deutsche Girozentrale's holdings in SEA were worth $4,673,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Ninety One UK Ltd increased its stake in SEA by 35.4% in the 1st quarter. Ninety One UK Ltd now owns 1,683,861 shares of the Internet company based in Singapore's stock valued at $219,727,000 after buying an additional 439,973 shares during the period. China Universal Asset Management Co. Ltd. increased its stake in SEA by 22.9% in the 1st quarter. China Universal Asset Management Co. Ltd. now owns 34,400 shares of the Internet company based in Singapore's stock valued at $4,489,000 after buying an additional 6,400 shares during the period. Ninety One North America Inc. increased its stake in SEA by 25.0% in the 1st quarter. Ninety One North America Inc. now owns 359,659 shares of the Internet company based in Singapore's stock valued at $46,932,000 after buying an additional 71,946 shares during the period. Callan Capital LLC acquired a new position in shares of SEA during the 1st quarter worth $236,000. Finally, TD Private Client Wealth LLC increased its stake in shares of SEA by 67.6% during the 1st quarter. TD Private Client Wealth LLC now owns 1,679 shares of the Internet company based in Singapore's stock worth $219,000 after purchasing an additional 677 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company's stock.

SEA Stock Performance

NYSE:SE traded down $1.24 during midday trading on Friday, reaching $148.16. The stock had a trading volume of 2,875,024 shares, compared to its average volume of 4,356,027. Sea Limited Sponsored ADR has a 1-year low of $55.00 and a 1-year high of $172.65. The firm's fifty day simple moving average is $156.46 and its 200-day simple moving average is $134.23. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.51 and a quick ratio of 1.49. The stock has a market capitalization of $87.28 billion, a P/E ratio of 104.34 and a beta of 1.60.

SEA (NYSE:SE - Get Free Report) last posted its earnings results 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 net margin of 4.87% and a return on equity of 10.74%. The firm had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.90 billion. During the same quarter in the previous year, the business posted ($0.04) earnings per share. The business's quarterly revenue was up 29.6% compared to the same quarter last year. On average, equities research analysts forecast that Sea Limited Sponsored ADR will post 0.74 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on SE. Sanford C. Bernstein restated an "outperform" rating and set a $170.00 price target on shares of SEA in a research note on Wednesday, May 14th. Wall Street Zen lowered shares of SEA from a "buy" rating to a "hold" rating in a research note on Saturday. Wedbush restated an "outperform" rating on shares of SEA in a research note on Wednesday, May 14th. Benchmark increased their price target on shares of SEA from $150.00 to $180.00 and gave the stock a "buy" rating in a research note on Wednesday, May 14th. Finally, JPMorgan Chase & Co. upgraded shares of SEA from a "neutral" rating to an "overweight" rating and increased their price target for the stock from $135.00 to $190.00 in a research note on Tuesday, May 13th. Four analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price 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.