3,196 Shares in Sea Limited Sponsored ADR (NYSE:SE) Acquired by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC acquired a new stake in shares of Sea Limited Sponsored ADR (NYSE:SE - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 3,196 shares of the Internet company based in Singapore's stock, valued at approximately $417,000.

A number of other institutional investors also recently added to or reduced their stakes in SE. State of Wyoming lifted its position in shares of 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 worth $319,000 after purchasing an additional 90 shares during the last quarter. Blue Trust Inc. boosted its position in shares of SEA by 4.8% in the 1st quarter. Blue Trust Inc. now owns 2,043 shares of the Internet company based in Singapore's stock worth $267,000 after purchasing an additional 93 shares during the last quarter. SOA Wealth Advisors LLC. lifted its holdings in SEA by 13.3% during the first quarter. SOA Wealth Advisors LLC. now owns 850 shares of the Internet company based in Singapore's stock worth $111,000 after acquiring an additional 100 shares in the last quarter. Tradewinds Capital Management LLC raised its stake in shares of SEA by 100.0% in the 1st quarter. Tradewinds Capital Management LLC now owns 200 shares of the Internet company based in Singapore's stock valued at $26,000 after purchasing an additional 100 shares during the period. Finally, Covenant Partners LLC increased its position in shares of SEA by 2.4% in the fourth quarter. Covenant Partners LLC now owns 4,248 shares of the Internet company based in Singapore's stock valued at $451,000 after acquiring an additional 101 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company's stock.

SEA Trading Up 0.0%

Shares of SE stock traded up $0.07 during trading hours on Friday, reaching $157.94. 2,829,908 shares of the stock were exchanged, compared to its average volume of 4,598,200. Sea Limited Sponsored ADR has a 12-month low of $55.00 and a 12-month high of $172.65. The company has a current ratio of 1.51, a quick ratio of 1.49 and a debt-to-equity ratio of 0.18. The company's 50-day moving average price is $158.42 and its 200-day moving average price is $137.28. The firm has a market capitalization of $93.04 billion, a price-to-earnings ratio of 111.25 and a beta of 1.60.

SEA (NYSE:SE - Get Free Report) last released its quarterly earnings results on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 EPS for the quarter, missing analysts' consensus estimates of $0.93 by ($0.28). The firm had revenue of $4.84 billion for the quarter, compared to analysts' expectations of $4.90 billion. SEA had a return on equity of 10.74% and a net margin of 4.87%. SEA's revenue for the quarter was up 29.6% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.04) earnings per share. As a group, equities analysts anticipate that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on SE shares. Wedbush reiterated an "outperform" rating on shares of SEA in a research note on Wednesday, May 14th. Bank of America cut shares of SEA from a "buy" rating to a "neutral" rating and set a $160.00 price target on the stock. in a research report on Friday, May 9th. Loop Capital reissued a "buy" rating and set a $190.00 target price (up previously from $165.00) on shares of SEA in a research report on Thursday, May 29th. JPMorgan Chase & Co. upgraded shares of SEA from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $135.00 to $190.00 in a research note on Tuesday, May 13th. Finally, Barclays boosted their price target on shares of SEA from $182.00 to $200.00 and gave the company an "overweight" rating in a research report on Thursday, May 15th. Four research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, SEA has a consensus rating of "Moderate Buy" and an average target price of $159.82.

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.