Noesis Capital Mangement Corp Acquires 5,132 Shares of Sea Limited Sponsored ADR (NYSE:SE)

Noesis Capital Mangement Corp increased its stake in Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 5.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 92,650 shares of the Internet company based in Singapore's stock after purchasing an additional 5,132 shares during the period. SEA accounts for 2.4% of Noesis Capital Mangement Corp's portfolio, making the stock its 17th largest position. Noesis Capital Mangement Corp's holdings in SEA were worth $12,090,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. State of Wyoming increased its position in shares of SEA by 3.1% during the 4th quarter. State of Wyoming now owns 3,010 shares of the Internet company based in Singapore's stock valued at $319,000 after purchasing an additional 90 shares during the period. Blue Trust Inc. grew its holdings in shares of SEA by 4.8% during the first quarter. Blue Trust Inc. now owns 2,043 shares of the Internet company based in Singapore's stock valued at $267,000 after buying an additional 93 shares in the last quarter. SOA Wealth Advisors LLC. grew its holdings in shares of SEA by 13.3% during the first quarter. SOA Wealth Advisors LLC. now owns 850 shares of the Internet company based in Singapore's stock valued at $111,000 after buying an additional 100 shares in the last quarter. Tradewinds Capital Management LLC boosted its position in SEA by 100.0% during the first quarter. Tradewinds Capital Management LLC now owns 200 shares of the Internet company based in Singapore's stock valued at $26,000 after purchasing an additional 100 shares during the last quarter. Finally, Covenant Partners LLC boosted its position in SEA by 2.4% during the fourth quarter. Covenant Partners LLC now owns 4,248 shares of the Internet company based in Singapore's stock valued at $451,000 after purchasing an additional 101 shares during the last quarter. Institutional investors own 59.53% of the company's stock.

SEA Price Performance

Shares of SE traded down $0.13 during mid-day trading on Friday, reaching $157.74. The company had a trading volume of 4,271,174 shares, compared to its average volume of 4,616,631. Sea Limited Sponsored ADR has a twelve month low of $55.00 and a twelve month high of $172.65. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.51 and a quick ratio of 1.49. The company's 50-day moving average is $158.42 and its 200-day moving average is $137.28. The company has a market capitalization of $92.92 billion, a P/E ratio of 111.08 and a beta of 1.60.

SEA (NYSE:SE - Get Free Report) last issued its earnings results on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.93 by ($0.28). SEA had a return on equity of 10.74% and a net margin of 4.87%. The company had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.90 billion. During the same period in the previous year, the company posted ($0.04) earnings per share. The company's quarterly revenue was up 29.6% on a year-over-year basis. On average, equities analysts anticipate that Sea Limited Sponsored ADR will post 0.74 EPS for the current year.

Analyst Ratings Changes

SE has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised SEA from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $135.00 to $190.00 in a research report on Tuesday, May 13th. Barclays boosted their price target on SEA from $182.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday, May 15th. Bank of America cut SEA from a "buy" rating to a "neutral" rating and set a $160.00 price target for the company. in a research report on Friday, May 9th. Loop Capital reaffirmed a "buy" rating and issued a $190.00 price target (up previously from $165.00) on shares of SEA in a research report on Thursday, May 29th. Finally, Sanford C. Bernstein reissued an "outperform" rating and set a $170.00 price objective on shares of SEA in a research report on Wednesday, May 14th. Four investment 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. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $159.82.

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.