Sea Limited Sponsored ADR (NYSE:SE) Shares Acquired by Diversify Wealth Management LLC

Diversify Wealth Management LLC raised its holdings in Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 22.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,282 shares of the Internet company based in Singapore's stock after purchasing an additional 2,096 shares during the quarter. Diversify Wealth Management LLC's holdings in SEA were worth $1,511,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Sava Infond d.o.o. acquired a new stake in shares of SEA during the 1st quarter valued at approximately $26,000. Tradewinds Capital Management LLC raised its position in shares of SEA by 100.0% during the 1st quarter. Tradewinds Capital Management LLC now owns 200 shares of the Internet company based in Singapore's stock worth $26,000 after purchasing an additional 100 shares during the last quarter. Inlight Wealth Management LLC acquired a new position in shares of SEA during the 1st quarter worth approximately $28,000. Fifth Third Bancorp raised its position in shares of SEA by 464.3% during 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 during the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of SEA by 43.8% during the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock worth $39,000 after purchasing an additional 112 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.

SEA Trading Down 0.8%

NYSE:SE traded down $1.24 on Friday, hitting $148.16. 2,875,024 shares of the stock were exchanged, compared to its average volume of 4,356,027. The stock has a market cap of $87.28 billion, a PE ratio of 104.34 and a beta of 1.60. The company has a current ratio of 1.51, a quick ratio of 1.49 and a debt-to-equity ratio of 0.18. The stock has a fifty day moving average of $156.46 and a 200-day moving average of $134.23. Sea Limited Sponsored ADR has a fifty-two week low of $55.00 and a fifty-two week high of $172.65.

SEA (NYSE:SE - Get Free Report) last announced 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 analyst estimates of $4.90 billion. SEA had a return on equity of 10.74% and a net margin of 4.87%. The business's revenue was up 29.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.04) earnings per share. As a group, equities analysts expect that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Sanford C. Bernstein restated an "outperform" rating and set a $170.00 price objective on shares of SEA in a research report on Wednesday, May 14th. Wall Street Zen downgraded SEA from a "buy" rating to a "hold" rating in a research report on Saturday. Barclays lifted their price objective on SEA from $182.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday, May 15th. Benchmark boosted their price target on SEA from $150.00 to $180.00 and gave the company a "buy" rating in a report on Wednesday, May 14th. Finally, Bank of America downgraded SEA from a "buy" rating to a "neutral" rating and set a $160.00 price target for the company. in a report on Friday, May 9th. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $153.17.

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.