Liontrust Investment Partners LLP Purchases Shares of 1,493 Sea Limited Sponsored ADR $SE

Key Points

• Liontrust Investment Partners LLP recently acquired a new position in Sea Limited Sponsored ADR (NYSE:SE), purchasing 1,493 shares valued at approximately $195,000 during the first quarter.
• Sea Limited's quarterly earnings report showed $0.65 earnings per share, missing analyst estimates of $1.03, while revenue increased to $5.26 billion, ahead of expectations.
• Analysts' ratings for Sea Limited vary, with recommendations ranging from "hold" to "strong buy" and a consensus average price target of $173.49.

Liontrust Investment Partners LLP purchased a new position in shares of Sea Limited Sponsored ADR (NYSE:SE - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,493 shares of the Internet company based in Singapore's stock, valued at approximately $195,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. OVERSEA CHINESE BANKING Corp Ltd raised its stake in SEA by 2,082.7% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 28,766,718 shares of the Internet company based in Singapore's stock valued at $3,753,769,000 after acquiring an additional 27,448,779 shares in the last quarter. Jennison Associates LLC acquired a new position in shares of SEA during the 1st quarter valued at $336,521,000. Capital Research Global Investors raised its stake in shares of SEA by 19.5% in the 4th quarter. Capital Research Global Investors now owns 8,126,064 shares of the Internet company based in Singapore's stock worth $862,175,000 after buying an additional 1,325,183 shares in the last quarter. Nuveen LLC bought a new position in SEA during the first quarter valued at about $162,796,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in SEA by 713.3% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 790,538 shares of the Internet company based in Singapore's stock worth $103,157,000 after acquiring an additional 693,336 shares during the period. Institutional investors own 59.53% of the company's stock.

SEA Stock Performance

NYSE SE traded down $0.9150 during trading on Thursday, hitting $177.8250. The company's stock had a trading volume of 1,103,815 shares, compared to its average volume of 4,621,036. Sea Limited Sponsored ADR has a 52 week low of $75.67 and a 52 week high of $181.76. The company has a quick ratio of 1.54, a current ratio of 1.55 and a debt-to-equity ratio of 0.16. The firm has a market cap of $104.76 billion, a P/E ratio of 92.25 and a beta of 1.58. The firm has a 50 day moving average price of $158.02 and a 200 day moving average price of $143.53.

SEA (NYSE:SE - Get Free Report) last posted its quarterly earnings data on Tuesday, August 12th. The Internet company based in Singapore reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by ($0.38). The company had revenue of $5.26 billion for the quarter, compared to the consensus estimate of $5 billion. SEA had a return on equity of 13.66% and a net margin of 6.23%.The business's revenue for the quarter was up 38.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.14 EPS. Equities research analysts forecast that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Benchmark lifted their target price on shares of SEA from $180.00 to $205.00 and gave the stock a "buy" rating in a research report on Wednesday, August 13th. Wedbush lifted their price target on SEA from $170.00 to $200.00 and gave the company an "outperform" rating in a report on Wednesday, August 13th. Macquarie restated an "outperform" rating and set a $219.90 price objective (up from $178.20) on shares of SEA in a research report on Tuesday, August 12th. Sanford C. Bernstein reiterated an "outperform" rating and set a $170.00 price target on shares of SEA in a report on Wednesday, May 14th. Finally, Barclays lifted their target price on shares of SEA from $200.00 to $214.00 and gave the company an "overweight" rating in a research note on Thursday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, SEA has an average rating of "Moderate Buy" and an average price target of $173.49.

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.