Livforsakringsbolaget Skandia Omsesidigt Purchases 2,700 Shares of Sea Limited (NYSE:SE)

Livforsakringsbolaget Skandia Omsesidigt grew its position in Sea Limited (NYSE:SE - Free Report) by 2.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 104,500 shares of the Internet company based in Singapore's stock after acquiring an additional 2,700 shares during the quarter. SEA makes up approximately 0.8% of Livforsakringsbolaget Skandia Omsesidigt's holdings, making the stock its 26th largest position. Livforsakringsbolaget Skandia Omsesidigt's holdings in SEA were worth $13,624,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Yousif Capital Management LLC boosted its position in SEA by 2.7% during the 4th quarter. Yousif Capital Management LLC now owns 20,406 shares of the Internet company based in Singapore's stock worth $2,165,000 after acquiring an additional 527 shares during the period. Wilmington Savings Fund Society FSB grew its stake in SEA by 23.7% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 3,803 shares of the Internet company based in Singapore's stock valued at $403,000 after purchasing an additional 729 shares in the last quarter. Coronation Fund Managers Ltd. grew its stake in SEA by 7.1% in the fourth quarter. Coronation Fund Managers Ltd. now owns 1,050,935 shares of the Internet company based in Singapore's stock valued at $111,504,000 after purchasing an additional 69,817 shares in the last quarter. Aubrey Capital Management Ltd grew its stake in SEA by 18.7% in the fourth quarter. Aubrey Capital Management Ltd now owns 216,700 shares of the Internet company based in Singapore's stock valued at $22,991,000 after purchasing an additional 34,205 shares in the last quarter. Finally, Capital Advisors Inc. OK grew its stake in SEA by 34.5% in the fourth quarter. Capital Advisors Inc. OK now owns 256,722 shares of the Internet company based in Singapore's stock valued at $27,238,000 after purchasing an additional 65,868 shares in the last quarter. 59.53% of the stock is currently owned by institutional investors.

SEA Price Performance

SE traded down $2.56 during trading on Wednesday, hitting $154.31. The company's stock had a trading volume of 4,783,151 shares, compared to its average volume of 4,448,190. The firm's 50 day moving average price is $142.23 and its two-hundred day moving average price is $128.06. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $90.90 billion, a price-to-earnings ratio of 1,028.71 and a beta of 1.64. Sea Limited has a 12 month low of $55.00 and a 12 month high of $172.65.

SEA (NYSE:SE - Get Free Report) last announced its earnings results on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 EPS 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 return on equity of 1.40% and a net margin of 0.64%. SEA's revenue for the quarter was up 29.6% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.04) EPS. Sell-side analysts forecast that Sea Limited will post 0.74 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have commented on SE shares. Sanford C. Bernstein restated an "outperform" rating and issued a $170.00 target price on shares of SEA in a research note on Wednesday, May 14th. Loop Capital reiterated a "buy" rating and set a $190.00 price target (up previously from $165.00) on shares of SEA in a research note on Thursday, May 29th. JPMorgan Chase & Co. upgraded SEA from a "neutral" rating to an "overweight" rating and increased their target price for the company from $135.00 to $190.00 in a research note on Tuesday, May 13th. Wedbush restated an "outperform" rating on shares of SEA in a research note on Wednesday, May 14th. Finally, Barclays increased their target price on SEA from $182.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, May 15th. Three 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 company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $147.15.

About SEA

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.