Aubrey Capital Management Ltd Has $26.96 Million Stock Holdings in Sea Limited (NYSE:SE)

Aubrey Capital Management Ltd lowered its position in Sea Limited (NYSE:SE - Free Report) by 4.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 206,600 shares of the Internet company based in Singapore's stock after selling 10,100 shares during the period. SEA accounts for about 10.8% of Aubrey Capital Management Ltd's investment portfolio, making the stock its 2nd largest holding. Aubrey Capital Management Ltd's holdings in SEA were worth $26,958,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Fifth Third Bancorp increased its holdings in shares of SEA by 464.3% in the 1st quarter. Fifth Third Bancorp now owns 237 shares of the Internet company based in Singapore's stock worth $31,000 after purchasing an additional 195 shares in the last quarter. Private Trust Co. NA increased its holdings in SEA by 474.4% in the 4th quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock worth $26,000 after buying an additional 204 shares in the last quarter. Kestra Investment Management LLC purchased a new position in SEA in the 4th quarter worth about $34,000. Farther Finance Advisors LLC raised its position in SEA by 43.8% in the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock worth $39,000 after buying an additional 112 shares during the last quarter. Finally, Banque Transatlantique SA bought a new position in SEA during the 4th quarter valued at about $39,000. Institutional investors own 59.53% of the company's stock.

SEA Trading Down 0.1%

Shares of SE stock traded down $0.16 on Friday, reaching $154.47. 4,956,285 shares of the company's stock were exchanged, compared to its average volume of 4,445,830. The company's fifty day simple moving average is $144.15 and its 200 day simple moving average is $128.62. Sea Limited has a 52 week low of $55.00 and a 52 week high of $172.65. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $91.00 billion, a PE ratio of 1,029.79 and a beta of 1.64.

SEA (NYSE:SE - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 earnings per share (EPS) 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 analysts' expectations of $4.90 billion. SEA had a net margin of 0.64% and a return on equity of 1.40%. SEA's quarterly revenue was up 29.6% on a year-over-year basis. During the same period last year, the firm earned ($0.04) earnings per share. As a group, analysts forecast that Sea Limited will post 0.74 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently weighed in on SE. Wall Street Zen raised SEA from a "hold" rating to a "buy" rating in a report on Saturday. Sanford C. Bernstein reiterated an "outperform" rating and set a $170.00 price objective on shares of SEA in a research report on Wednesday, May 14th. Benchmark increased their target price on SEA from $150.00 to $180.00 and gave the company a "buy" rating in a report on Wednesday, May 14th. Barclays boosted their price target on SEA from $182.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, May 15th. Finally, Loop Capital reaffirmed a "buy" rating and set a $190.00 price target (up previously from $165.00) on shares of SEA in a research report on Thursday, May 29th. Three analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price 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.