Roman Butler Fullerton & Co. Sells 7,431 Shares of Sea Limited Sponsored ADR (NYSE:SE)

Roman Butler Fullerton & Co. reduced its holdings in Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 55.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,853 shares of the Internet company based in Singapore's stock after selling 7,431 shares during the quarter. Roman Butler Fullerton & Co.'s holdings in SEA were worth $701,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Norges Bank acquired a new position in shares of SEA during the fourth quarter worth about $1,493,682,000. Capital Research Global Investors lifted its stake in 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 valued at $862,175,000 after acquiring an additional 1,325,183 shares in the last quarter. Geode Capital Management LLC boosted its position in SEA by 4.6% during the 4th quarter. Geode Capital Management LLC now owns 3,201,601 shares of the Internet company based in Singapore's stock worth $335,084,000 after acquiring an additional 142,080 shares during the last quarter. Northern Trust Corp grew its stake in shares of SEA by 12.6% during the 4th quarter. Northern Trust Corp now owns 2,946,347 shares of the Internet company based in Singapore's stock worth $312,607,000 after acquiring an additional 329,881 shares in the last quarter. Finally, FIL Ltd raised its holdings in shares of SEA by 46.9% in the fourth quarter. FIL Ltd now owns 2,631,081 shares of the Internet company based in Singapore's stock valued at $279,158,000 after purchasing an additional 840,550 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company's stock.

SEA Stock Down 0.6%

SE stock opened at $157.31 on Wednesday. The business's 50 day simple moving average is $145.99 and its 200 day simple moving average is $129.31. Sea Limited Sponsored ADR has a 1-year low of $55.00 and a 1-year high of $172.65. The firm has a market capitalization of $92.67 billion, a PE ratio of 110.78 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 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 company 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 10.74% and a net margin of 4.87%. The business's quarterly revenue was up 29.6% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.04) EPS. As a group, research analysts anticipate that Sea Limited Sponsored ADR will post 0.74 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on SE shares. UBS Group raised their target price on shares of SEA from $135.00 to $176.00 and gave the company a "buy" rating in a research report on Friday, March 7th. Loop Capital reaffirmed a "buy" rating and issued a $190.00 target price (up previously from $165.00) on shares of SEA in a research report on Thursday, May 29th. Phillip Securities upgraded SEA from a "moderate sell" rating to a "hold" rating in a report on Friday, March 7th. Arete Research upgraded SEA to a "strong-buy" rating in a research note on Sunday, March 23rd. Finally, Benchmark boosted their price target on SEA from $150.00 to $180.00 and gave the stock a "buy" rating in a research report on Wednesday, May 14th. Three analysts have rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company 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.

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