Gordian Capital Singapore Pte Ltd Has $3.29 Million Stock Position in Sea Limited Sponsored ADR $SE

Key Points

• Gordian Capital Singapore Pte Ltd significantly increased its stake in Sea Limited by 13,894.4%, owning 25,190 shares valued at approximately $3.29 million, making SEA its 11th largest position.
• Sea Limited reported quarterly earnings of $0.65 EPS, missing estimates of $1.03 EPS, despite revenue increasing by 38.2% year-over-year to $5.26 billion.
• Multiple analysts have upgraded SEA's stock ratings, with Barclays raising its price target to $214, indicating strong investor confidence in Sea Limited's future performance.

Gordian Capital Singapore Pte Ltd increased its position in Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 13,894.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,190 shares of the Internet company based in Singapore's stock after acquiring an additional 25,010 shares during the quarter. SEA comprises about 2.0% of Gordian Capital Singapore Pte Ltd's investment portfolio, making the stock its 11th biggest position. Gordian Capital Singapore Pte Ltd's holdings in SEA were worth $3,287,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. First Trust Advisors LP increased its stake in shares of SEA by 9.6% in the fourth quarter. First Trust Advisors LP now owns 31,311 shares of the Internet company based in Singapore's stock worth $3,322,000 after purchasing an additional 2,730 shares during the period. Dimensional Fund Advisors LP grew its holdings in SEA by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 52,464 shares of the Internet company based in Singapore's stock valued at $5,566,000 after buying an additional 415 shares during the last quarter. Aquatic Capital Management LLC bought a new position in SEA in the 4th quarter worth approximately $1,088,000. Northern Trust Corp lifted its holdings in shares of SEA by 12.6% during the fourth quarter. Northern Trust Corp now owns 2,946,347 shares of the Internet company based in Singapore's stock worth $312,607,000 after buying an additional 329,881 shares during the last quarter. Finally, Lido Advisors LLC acquired a new position in shares of SEA during the fourth quarter worth approximately $433,000. Institutional investors and hedge funds own 59.53% of the company's stock.

SEA Price Performance

NYSE:SE traded up $0.96 during mid-day trading on Wednesday, hitting $179.74. The company's stock had a trading volume of 1,417,165 shares, compared to its average volume of 4,590,228. The company has a market capitalization of $105.89 billion, a price-to-earnings ratio of 93.05 and a beta of 1.53. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 0.16. Sea Limited Sponsored ADR has a fifty-two week low of $75.67 and a fifty-two week high of $190.75. The stock has a fifty day moving average of $163.17 and a 200-day moving average of $147.26.

SEA (NYSE:SE - Get Free Report) last released its quarterly earnings data on Tuesday, August 12th. The Internet company based in Singapore reported $0.65 earnings per share for the quarter, missing the consensus estimate of $1.03 by ($0.38). SEA had a net margin of 6.23% and a return on equity of 13.66%. The company had revenue of $5.26 billion during the quarter, compared to the consensus estimate of $5 billion. During the same quarter in the prior year, the company posted $0.14 earnings per share. The company's revenue for the quarter was up 38.2% on a year-over-year basis. As a group, equities analysts forecast that Sea Limited Sponsored ADR will post 0.74 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SE. JPMorgan Chase & Co. upgraded shares of SEA from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $135.00 to $190.00 in a research note on Tuesday, May 13th. Wedbush raised their price target on shares of SEA from $170.00 to $200.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 13th. Barclays upped their price objective on shares of SEA from $200.00 to $214.00 and gave the company an "overweight" rating in a research report on Thursday, August 14th. Bank of America downgraded SEA from a "buy" rating to a "neutral" rating and set a $160.00 target price on the stock. in a research report on Friday, May 9th. Finally, Macquarie reaffirmed an "outperform" rating and issued a $219.90 price target (up previously from $178.20) on shares of SEA in a report on Tuesday, August 12th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $173.99.

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.