Two Sigma Advisers LP Has $40.46 Million Stock Holdings in Sea Limited (NYSE:SE)

Two Sigma Advisers LP cut its position in shares of Sea Limited (NYSE:SE - Free Report) by 35.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 381,300 shares of the Internet company based in Singapore's stock after selling 208,300 shares during the period. Two Sigma Advisers LP owned 0.07% of SEA worth $40,456,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Perpetual Ltd grew its stake in SEA by 3,033.0% in the 4th quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore's stock valued at $222,598,000 after buying an additional 2,031,038 shares during the last quarter. Ninety One UK Ltd boosted its holdings in SEA by 1,673.2% in the 4th quarter. Ninety One UK Ltd now owns 1,243,888 shares of the Internet company based in Singapore's stock valued at $131,977,000 after purchasing an additional 1,173,738 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in SEA by 7.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 291,158 shares of the Internet company based in Singapore's stock valued at $30,892,000 after purchasing an additional 19,411 shares during the period. Nisa Investment Advisors LLC boosted its holdings in SEA by 95.7% in the 4th quarter. Nisa Investment Advisors LLC now owns 12,558 shares of the Internet company based in Singapore's stock valued at $1,332,000 after purchasing an additional 6,140 shares during the period. Finally, Diversify Advisory Services LLC bought a new stake in SEA in the 4th quarter valued at about $287,000. 59.53% of the stock is currently owned by institutional investors and hedge funds.

SEA Price Performance

SE stock opened at $162.61 on Tuesday. The company has a 50 day simple moving average of $129.99 and a 200 day simple moving average of $121.32. The stock has a market cap of $95.80 billion, a price-to-earnings ratio of 1,084.07 and a beta of 1.70. Sea Limited has a 1 year low of $55.00 and a 1 year high of $165.31. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60.

SEA (NYSE:SE - Get Free Report) last released its quarterly earnings data 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 1.40% and a net margin of 0.64%. The company had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.90 billion. During the same quarter in the prior year, the company earned ($0.04) earnings per share. SEA's revenue for the quarter was up 29.6% compared to the same quarter last year. Research analysts anticipate that Sea Limited will post 0.74 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on SE. UBS Group boosted their price objective on shares of SEA from $135.00 to $176.00 and gave the company a "buy" rating in a report on Friday, March 7th. Arete Research raised shares of SEA to a "strong-buy" rating in a report on Sunday, March 23rd. Loop Capital upped their price target on shares of SEA from $135.00 to $165.00 and gave the stock a "buy" rating in a report on Monday, March 31st. 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 report on Friday, May 9th. Finally, Benchmark upped their price target on shares of SEA from $150.00 to $180.00 and gave the stock a "buy" rating in a report on Wednesday, May 14th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $145.23.

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.

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