2,728 Shares in Sea Limited (NYSE:SE) Purchased by Ethic Inc.

Ethic Inc. bought a new position in shares of Sea Limited (NYSE:SE - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 2,728 shares of the Internet company based in Singapore's stock, valued at approximately $289,000.

Other large investors have also made changes to their positions in the company. Covenant Partners LLC increased its position in SEA by 2.4% during the fourth quarter. Covenant Partners LLC now owns 4,248 shares of the Internet company based in Singapore's stock worth $451,000 after buying an additional 101 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of SEA by 43.8% during the 4th 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 period. SOA Wealth Advisors LLC. lifted its position in SEA by 25.0% during the fourth quarter. SOA Wealth Advisors LLC. now owns 750 shares of the Internet company based in Singapore's stock valued at $80,000 after buying an additional 150 shares in the last quarter. Ballentine Partners LLC grew its stake in SEA by 5.6% during the fourth quarter. Ballentine Partners LLC now owns 2,970 shares of the Internet company based in Singapore's stock worth $315,000 after buying an additional 158 shares during the period. Finally, Roberts Wealth Advisors LLC increased its position in shares of SEA by 0.7% in the fourth quarter. Roberts Wealth Advisors LLC now owns 23,477 shares of the Internet company based in Singapore's stock worth $2,602,000 after acquiring an additional 161 shares in the last quarter. Hedge funds and other institutional investors own 59.53% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on SE. JPMorgan Chase & Co. upgraded SEA from a "neutral" rating to an "overweight" rating and increased their price target for the company from $135.00 to $190.00 in a report on Tuesday, May 13th. Phillip Securities raised SEA from a "moderate sell" rating to a "hold" rating in a research report on Friday, March 7th. Benchmark lifted their price objective on shares of SEA from $150.00 to $180.00 and gave the company a "buy" rating in a research note on Wednesday, May 14th. Barclays upped their target price on shares of SEA from $182.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, May 15th. Finally, Jefferies Financial Group raised their price target on shares of SEA from $131.00 to $157.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $145.23.

SEA Stock Performance

SE stock traded down $0.28 during trading on Tuesday, reaching $162.44. 2,319,121 shares of the company's stock were exchanged, compared to its average volume of 4,462,608. Sea Limited has a 1-year low of $55.00 and a 1-year high of $165.31. The firm has a market cap of $95.70 billion, a PE ratio of 1,082.93 and a beta of 1.70. The company's fifty day moving average price is $130.74 and its 200-day moving average price is $121.60. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36.

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 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 return on equity of 1.40% and a net margin of 0.64%. The business's revenue for the quarter was up 29.6% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.04) EPS. On average, research analysts expect that Sea Limited will post 0.74 EPS for the current fiscal 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.