Diversified Trust Co Acquires 2,189 Shares of Sea Limited Sponsored ADR (NYSE:SE)

Diversified Trust Co boosted its stake in Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 10.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,515 shares of the Internet company based in Singapore's stock after buying an additional 2,189 shares during the period. Diversified Trust Co's holdings in SEA were worth $2,938,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SE. Charles Schwab Investment Management Inc. increased its holdings in shares of 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. Brucke Financial Inc. purchased a new stake in shares of SEA during the fourth quarter valued at $211,000. Atria Wealth Solutions Inc. boosted its holdings in shares of SEA by 59.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 4,013 shares of the Internet company based in Singapore's stock worth $426,000 after buying an additional 1,493 shares during the period. Sowell Financial Services LLC acquired a new position in shares of SEA in the first quarter worth about $216,000. Finally, Assenagon Asset Management S.A. boosted its holdings in shares of SEA by 10.9% in the first quarter. Assenagon Asset Management S.A. now owns 4,839 shares of the Internet company based in Singapore's stock worth $631,000 after buying an additional 476 shares during the period. Institutional investors own 59.53% of the company's stock.

Analyst Ratings Changes

Several research analysts have commented on the stock. Benchmark raised their target price on shares of SEA from $150.00 to $180.00 and gave the stock a "buy" rating in a report on Wednesday, May 14th. JPMorgan Chase & Co. upgraded shares of SEA from a "neutral" rating to an "overweight" rating and raised their target price for the stock from $135.00 to $190.00 in a report on Tuesday, May 13th. Jefferies Financial Group raised their target price on shares of SEA from $131.00 to $157.00 and gave the stock a "buy" rating in a report on Tuesday, March 4th. Barclays raised their target price on shares of SEA from $182.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, May 15th. Finally, Wall Street Zen cut shares of SEA from a "buy" rating to a "hold" rating in a report on Sunday, June 22nd. Four investment 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 stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $147.15.

SEA Stock Up 0.5%

Shares of NYSE SE traded up $0.87 during mid-day trading on Friday, reaching $159.38. The company had a trading volume of 4,606,544 shares, compared to its average volume of 4,401,336. The stock has a fifty day moving average of $151.97 and a two-hundred day moving average of $131.49. 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 company has a market capitalization of $93.89 billion, a price-to-earnings ratio of 112.24 and a beta of 1.64. Sea Limited Sponsored ADR has a 12-month low of $55.00 and a 12-month high of $172.65.

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 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 revenue was up 29.6% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.04) EPS. As a group, equities research analysts expect that Sea Limited Sponsored ADR will post 0.74 EPS for the current year.

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.