OneDigital Investment Advisors LLC Buys 2,293 Shares of Sea Limited Sponsored ADR (NYSE:SE)

OneDigital Investment Advisors LLC grew its position in Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 16.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,939 shares of the Internet company based in Singapore's stock after purchasing an additional 2,293 shares during the period. OneDigital Investment Advisors LLC's holdings in SEA were worth $2,080,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of SE. Jones Financial Companies Lllp lifted its position in SEA by 31.1% during the 4th quarter. Jones Financial Companies Lllp now owns 5,083 shares of the Internet company based in Singapore's stock worth $539,000 after buying an additional 1,207 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in SEA by 7.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 291,158 shares of the Internet company based in Singapore's stock worth $30,892,000 after buying an additional 19,411 shares in the last quarter. Assetmark Inc. raised its holdings in SEA by 109.0% during the fourth quarter. Assetmark Inc. now owns 2,982 shares of the Internet company based in Singapore's stock worth $316,000 after acquiring an additional 1,555 shares in the last quarter. Atria Investments Inc raised its holdings in SEA by 21.5% during the fourth quarter. Atria Investments Inc now owns 17,767 shares of the Internet company based in Singapore's stock worth $1,885,000 after acquiring an additional 3,146 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in SEA during the fourth quarter worth about $19,247,000. 59.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on SE shares. Wedbush reiterated an "outperform" rating on shares of SEA in a research note on Wednesday, May 14th. Arete Research raised shares of SEA to a "strong-buy" rating in a research report on Sunday, March 23rd. Bank of America lowered 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. Wall Street Zen raised shares of SEA from a "hold" rating to a "buy" rating in a research report on Monday, June 30th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $170.00 target price on shares of SEA in a report on Wednesday, May 14th. Three analysts have rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, SEA presently has a consensus rating of "Moderate Buy" and a consensus target price of $153.17.

SEA Stock Performance

Shares of SE traded down $2.96 during trading hours on Tuesday, hitting $148.15. The company had a trading volume of 819,757 shares, compared to its average volume of 4,591,262. The firm has a market cap of $87.28 billion, a price-to-earnings ratio of 104.33 and a beta of 1.60. The company has a quick ratio of 1.49, a current ratio of 1.51 and a debt-to-equity ratio of 0.18. Sea Limited Sponsored ADR has a 12 month low of $55.00 and a 12 month high of $172.65. The business has a fifty day moving average of $155.41 and a 200-day moving average of $133.30.

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 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 the consensus estimate of $4.90 billion. SEA had a net margin of 4.87% and a return on equity of 10.74%. The firm's revenue was up 29.6% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.04) earnings per share. Equities analysts anticipate that Sea Limited Sponsored ADR will post 0.74 EPS for the current fiscal year.

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.