Quantinno Capital Management LP Boosts Holdings in Sea Limited (NYSE:SE)

Quantinno Capital Management LP increased its stake in Sea Limited (NYSE:SE - Free Report) by 20.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,060 shares of the Internet company based in Singapore's stock after purchasing an additional 2,602 shares during the quarter. Quantinno Capital Management LP's holdings in SEA were worth $1,598,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Pathstone Holdings LLC grew its stake in SEA by 6.8% in the 4th quarter. Pathstone Holdings LLC now owns 104,491 shares of the Internet company based in Singapore's stock valued at $11,090,000 after acquiring an additional 6,638 shares during the last quarter. Nissay Asset Management Corp Japan ADV grew its stake in SEA by 9.6% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 144,326 shares of the Internet company based in Singapore's stock valued at $15,691,000 after acquiring an additional 12,607 shares during the last quarter. Nomura Holdings Inc. grew its stake in SEA by 48.1% in the 4th quarter. Nomura Holdings Inc. now owns 93,249 shares of the Internet company based in Singapore's stock valued at $9,894,000 after acquiring an additional 30,299 shares during the last quarter. Numerai GP LLC grew its stake in SEA by 5.6% in the 4th quarter. Numerai GP LLC now owns 26,315 shares of the Internet company based in Singapore's stock valued at $2,792,000 after acquiring an additional 1,386 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in SEA by 15.5% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 90,408 shares of the Internet company based in Singapore's stock valued at $9,594,000 after acquiring an additional 12,142 shares during the last quarter. Hedge funds and other institutional investors own 59.53% of the company's stock.

SEA Trading Up 2.4%

Shares of SEA stock traded up $3.83 during trading hours on Friday, reaching $164.52. The stock had a trading volume of 3,655,239 shares, compared to its average volume of 4,451,012. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. Sea Limited has a 1 year low of $55.00 and a 1 year high of $165.90. The firm has a market capitalization of $96.92 billion, a price-to-earnings ratio of 1,096.80 and a beta of 1.70. The firm has a 50 day simple moving average of $132.81 and a two-hundred day simple moving average of $123.01.

SEA (NYSE:SE - Get Free Report) last posted its quarterly 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). SEA had a net margin of 0.64% and a return on equity of 1.40%. The business had revenue of $4.84 billion during the quarter, compared to analysts' expectations of $4.90 billion. During the same quarter in the previous year, the business posted ($0.04) EPS. The company's quarterly revenue was up 29.6% on a year-over-year basis. As a group, equities research analysts anticipate that Sea Limited will post 0.74 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on SE shares. Arete Research raised shares of SEA to a "strong-buy" rating in a research note on Sunday, March 23rd. Barclays raised their price target on shares of SEA from $182.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, May 15th. Bank of America cut shares of SEA from a "buy" rating to a "neutral" rating and set a $160.00 price target on the stock. in a research note on Friday, May 9th. UBS Group raised their price target on shares of SEA from $135.00 to $176.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. Finally, Phillip Securities raised shares of SEA from a "moderate sell" rating to a "hold" rating in a research note on Friday, March 7th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $145.23.

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.