Sea Limited Sponsored ADR $SE is University of Wisconsin Foundation's Largest Position

Key Points

• The University of Wisconsin Foundation reduced its holdings in Sea Limited Sponsored ADR ($SE) by 2.4%, owning 307,504 shares, which represents 31.1% of its portfolio.
• Recent analyst reports have upgraded SEA's ratings and price targets, with JPMorgan increasing the target from $135.00 to $190.00, reflecting positive market sentiment.
• SEA's latest earnings report showed a 38.2% year-over-year revenue growth, despite an EPS miss by $0.38, indicating underlying business strength.

University of Wisconsin Foundation reduced its position in Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 2.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 307,504 shares of the Internet company based in Singapore's stock after selling 7,719 shares during the quarter. SEA makes up about 31.1% of University of Wisconsin Foundation's portfolio, making the stock its largest position. University of Wisconsin Foundation owned 0.05% of SEA worth $40,126,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in SEA by 2,082.7% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 28,766,718 shares of the Internet company based in Singapore's stock worth $3,753,769,000 after acquiring an additional 27,448,779 shares during the period. Kontiki Capital Management HK Ltd. grew its stake in SEA by 3.4% during the first quarter. Kontiki Capital Management HK Ltd. now owns 3,388,516 shares of the Internet company based in Singapore's stock worth $442,167,000 after purchasing an additional 111,400 shares during the period. Northern Trust Corp increased its holdings in SEA by 9.3% in the first quarter. Northern Trust Corp now owns 3,219,713 shares of the Internet company based in Singapore's stock worth $420,140,000 after purchasing an additional 273,366 shares in the last quarter. Jennison Associates LLC acquired a new position in SEA in the first quarter valued at approximately $336,521,000. Finally, CoreView Capital Management Ltd boosted its holdings in shares of SEA by 9.8% during the 4th quarter. CoreView Capital Management Ltd now owns 2,191,601 shares of the Internet company based in Singapore's stock worth $232,529,000 after buying an additional 195,225 shares in the last quarter. Institutional investors own 59.53% of the company's stock.

Analyst Ratings Changes

SE has been the subject of several research analyst reports. Macquarie reiterated an "outperform" rating and issued a $219.90 price objective (up previously from $178.20) on shares of SEA in a research note on Tuesday, August 12th. Bank of America downgraded shares of SEA from a "buy" rating to a "neutral" rating and set a $160.00 price target for the company. in a research note on Friday, May 9th. Wall Street Zen raised shares of SEA from a "hold" rating to a "buy" rating in a research report on Saturday, August 16th. JPMorgan Chase & Co. raised SEA from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $135.00 to $190.00 in a research report on Tuesday, May 13th. Finally, Benchmark increased their price target on SEA from $180.00 to $205.00 and gave the stock a "buy" rating in a report on Wednesday, August 13th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $173.49.

SEA Stock Up 1.6%

SEA stock traded up $2.96 during trading on Thursday, hitting $185.87. 3,570,258 shares of the company were exchanged, compared to its average volume of 4,601,715. The company has a market capitalization of $109.50 billion, a P/E ratio of 96.30 and a beta of 1.58. The business's 50 day moving average is $160.89 and its 200 day moving average is $145.67. Sea Limited Sponsored ADR has a 52 week low of $75.67 and a 52 week high of $190.75. 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 (NYSE:SE - Get Free Report) last announced its earnings results on Tuesday, August 12th. The Internet company based in Singapore reported $0.65 EPS 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 firm had revenue of $5.26 billion during the quarter, compared to analysts' expectations of $5 billion. During the same quarter in the prior year, the company earned $0.14 EPS. The business's revenue for the quarter was up 38.2% on a year-over-year basis. Analysts predict that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current 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.