Sea Limited Sponsored ADR (NYSE:SE) Shares Purchased by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich lifted its stake in Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 26.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,826 shares of the Internet company based in Singapore's stock after acquiring an additional 3,487 shares during the period. Bank Julius Baer & Co. Ltd Zurich's holdings in SEA were worth $2,196,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC lifted its position in SEA by 46.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 18,664 shares of the Internet company based in Singapore's stock valued at $1,980,000 after acquiring an additional 5,918 shares during the last quarter. Corient Private Wealth LLC boosted its stake in SEA by 9.5% in the 4th quarter. Corient Private Wealth LLC now owns 7,619 shares of the Internet company based in Singapore's stock worth $808,000 after purchasing an additional 662 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in SEA by 114.5% during the 4th quarter. Thrivent Financial for Lutherans now owns 18,682 shares of the Internet company based in Singapore's stock worth $1,838,000 after acquiring an additional 9,973 shares during the period. TD Private Client Wealth LLC increased its holdings in SEA by 66.2% in the 4th quarter. TD Private Client Wealth LLC now owns 1,002 shares of the Internet company based in Singapore's stock worth $106,000 after buying an additional 399 shares during the period. Finally, American Century Companies Inc. boosted its holdings in SEA by 461.4% in the fourth quarter. American Century Companies Inc. now owns 151,531 shares of the Internet company based in Singapore's stock valued at $16,077,000 after purchasing an additional 124,540 shares during the last quarter. Hedge funds and other institutional investors own 59.53% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Wedbush reaffirmed an "outperform" rating on shares of SEA in a report on Wednesday, May 14th. Benchmark lifted their price target on SEA from $150.00 to $180.00 and gave the company a "buy" rating in a research note on Wednesday, May 14th. JPMorgan Chase & Co. upgraded SEA from a "neutral" rating to an "overweight" rating and increased their price target for the stock from $135.00 to $190.00 in a research report on Tuesday, May 13th. Barclays upped their target price on SEA from $182.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, May 15th. Finally, Bank of America cut shares of SEA from a "buy" rating to a "neutral" rating and set a $160.00 price objective for the company. in a research report on Friday, May 9th. Four research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $159.82.

SEA Price Performance

Shares of NYSE SE traded down $0.13 during mid-day trading on Friday, reaching $157.74. The company's stock had a trading volume of 4,271,174 shares, compared to its average volume of 4,616,631. Sea Limited Sponsored ADR has a 1-year low of $55.00 and a 1-year high of $172.65. The stock has a market capitalization of $92.92 billion, a P/E ratio of 111.08 and a beta of 1.60. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.49 and a current ratio of 1.51. The stock has a 50-day moving average of $158.42 and a two-hundred day moving average of $137.28.

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 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.28). The firm had revenue of $4.84 billion for the quarter, compared to analysts' expectations of $4.90 billion. SEA had a net margin of 4.87% and a return on equity of 10.74%. The firm's quarterly revenue was up 29.6% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.04) EPS. On average, equities research analysts anticipate that Sea Limited Sponsored ADR will post 0.74 EPS for the current fiscal year.

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.