Robeco Institutional Asset Management B.V. Grows Stake in Sea Limited Sponsored ADR (NYSE:SE)

Robeco Institutional Asset Management B.V. grew its position in shares of Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 81.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 805,562 shares of the Internet company based in Singapore's stock after purchasing an additional 361,756 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.14% of SEA worth $105,118,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank purchased a new position in SEA in the 4th quarter worth approximately $1,493,682,000. Capital Research Global Investors raised its stake in shares of SEA by 19.5% during the fourth 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 during the last quarter. FIL Ltd boosted its holdings in shares of SEA by 46.9% during the fourth quarter. FIL Ltd now owns 2,631,081 shares of the Internet company based in Singapore's stock worth $279,158,000 after purchasing an additional 840,550 shares during the period. Trivest Advisors Ltd increased its holdings in SEA by 1,083.3% during the 4th quarter. Trivest Advisors Ltd now owns 710,000 shares of the Internet company based in Singapore's stock valued at $75,331,000 after purchasing an additional 650,000 shares during the period. Finally, William Blair Investment Management LLC raised its position in SEA by 32.5% during the 4th quarter. William Blair Investment Management LLC now owns 2,233,158 shares of the Internet company based in Singapore's stock valued at $236,928,000 after purchasing an additional 547,509 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

SE has been the topic of several recent analyst reports. UBS Group lifted their price target on shares of SEA from $135.00 to $176.00 and gave the company a "buy" rating in a report on Friday, March 7th. Jefferies Financial Group raised their target price on SEA from $131.00 to $157.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. Sanford C. Bernstein reiterated an "outperform" rating and issued a $170.00 price objective on shares of SEA in a report on Wednesday, May 14th. Arete Research upgraded shares of SEA to a "strong-buy" rating in a report on Sunday, March 23rd. Finally, Barclays boosted their price objective 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. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $147.15.

SEA Stock Up 1.8%

Shares of SEA stock traded up $2.86 on Thursday, reaching $158.67. The company's stock had a trading volume of 3,740,133 shares, compared to its average volume of 4,401,007. Sea Limited Sponsored ADR has a 52 week low of $55.00 and a 52 week high of $172.65. The firm's fifty day simple moving average is $150.45 and its two-hundred day simple moving average is $130.86. The company has a quick ratio of 1.49, a current ratio of 1.51 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $93.48 billion, a price-to-earnings ratio of 111.74 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 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.28). The business had revenue of $4.84 billion during 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%. SEA's quarterly revenue was up 29.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.04) earnings per share. Equities analysts anticipate that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current year.

SEA 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.