Sea Limited Sponsored ADR (NYSE:SE) Stock Holdings Lifted by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. lifted its holdings in Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 13.2% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 74,924 shares of the Internet company based in Singapore's stock after buying an additional 8,749 shares during the quarter. Oppenheimer Asset Management Inc.'s holdings in SEA were worth $9,777,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Private Trust Co. NA lifted its stake in SEA by 474.4% in the fourth quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock valued at $26,000 after buying an additional 204 shares during the last quarter. Inlight Wealth Management LLC bought a new stake in SEA in the first quarter valued at $28,000. Fifth Third Bancorp lifted its stake in SEA by 464.3% in the first quarter. Fifth Third Bancorp now owns 237 shares of the Internet company based in Singapore's stock valued at $31,000 after buying an additional 195 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in SEA by 43.8% in the fourth quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock valued at $39,000 after buying an additional 112 shares during the last quarter. Finally, Banque Transatlantique SA bought a new stake in SEA in the fourth quarter valued at $39,000. 59.53% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

SE has been the topic of a number of recent research reports. Bank of America cut SEA from a "buy" rating to a "neutral" rating and set a $160.00 target price on the stock. in a research note on Friday, May 9th. 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. Arete Research upgraded SEA to a "strong-buy" rating in a research note on Sunday, March 23rd. Loop Capital reiterated a "buy" rating and issued a $190.00 target price (up from $165.00) on shares of SEA in a research note on Thursday, May 29th. Finally, Barclays raised their target price on SEA from $182.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, May 15th. Four 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 company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $147.15.

SEA Price Performance

NYSE:SE opened at $153.58 on Tuesday. The business's 50-day moving average price is $148.94 and its 200 day moving average price is $130.49. The firm has a market cap of $90.48 billion, a P/E ratio of 108.16 and a beta of 1.64. Sea Limited Sponsored ADR has a 52-week low of $55.00 and a 52-week high of $172.65. The company has a quick ratio of 1.49, a current ratio of 1.51 and a debt-to-equity ratio of 0.18.

SEA (NYSE:SE - Get Free Report) last released 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). 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%. SEA's revenue was up 29.6% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.04) earnings per share. As a group, sell-side analysts predict that Sea Limited Sponsored ADR will post 0.74 earnings per share 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.

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