Goldstein Advisors LLC Invests $251,000 in Sea Limited Sponsored ADR (NYSE:SE)

Goldstein Advisors LLC acquired a new position in Sea Limited Sponsored ADR (NYSE:SE - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,921 shares of the Internet company based in Singapore's stock, valued at approximately $251,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SE. State of Wyoming lifted its holdings in SEA by 3.1% in the 4th quarter. State of Wyoming now owns 3,010 shares of the Internet company based in Singapore's stock worth $319,000 after purchasing an additional 90 shares in the last quarter. Blue Trust Inc. raised its position in shares of 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 buying an additional 93 shares during the last quarter. SOA Wealth Advisors LLC. lifted its holdings in shares of SEA by 13.3% in the first quarter. SOA Wealth Advisors LLC. now owns 850 shares of the Internet company based in Singapore's stock worth $111,000 after buying an additional 100 shares in the last quarter. Covenant Partners LLC boosted its position in shares of 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 acquiring an additional 101 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of SEA by 43.8% during the fourth quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock worth $39,000 after acquiring an additional 112 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors.

SEA Trading Up 1.8%

Shares of NYSE SE traded up $2.86 during trading hours on Thursday, hitting $158.67. 3,740,133 shares of the company traded hands, compared to its average volume of 4,401,007. The company's 50 day moving average price is $150.45 and its 200 day moving average price is $130.86. Sea Limited Sponsored ADR has a 12 month low of $55.00 and a 12 month high of $172.65. The stock has a market capitalization of $93.48 billion, a price-to-earnings ratio of 111.74 and a beta of 1.64. The company has a current ratio of 1.51, a quick ratio of 1.49 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 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 for the quarter, compared to the consensus estimate of $4.90 billion. During the same quarter last year, the firm earned ($0.04) EPS. The company's revenue was up 29.6% on a year-over-year basis. On average, equities 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 topic of a number of research reports. Barclays lifted their price target on shares of SEA from $182.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, May 15th. Wall Street Zen cut SEA from a "buy" rating to a "hold" rating in a report on Sunday. Bank of America downgraded SEA from a "buy" rating to a "neutral" rating and set a $160.00 target price on the stock. in a research report on Friday, May 9th. Loop Capital restated a "buy" rating and set a $190.00 price target (up previously from $165.00) on shares of SEA in a report on Thursday, May 29th. Finally, Benchmark upped their price objective on SEA from $150.00 to $180.00 and gave the stock a "buy" rating in a report on Wednesday, May 14th. Four analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $147.15.

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.