Vontobel Holding Ltd. Boosts Stock Holdings in Sea Limited Sponsored ADR (NYSE:SE)

Vontobel Holding Ltd. raised its holdings in shares of Sea Limited Sponsored ADR (NYSE:SE - Free Report) by 43.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,409 shares of the Internet company based in Singapore's stock after acquiring an additional 13,752 shares during the quarter. Vontobel Holding Ltd.'s holdings in SEA were worth $5,925,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Sava Infond d.o.o. purchased a new position in SEA during the first quarter valued at $26,000. Tradewinds Capital Management LLC grew its position in shares of 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 in the last quarter. Inlight Wealth Management LLC purchased a new position in shares of SEA during the first quarter valued at about $28,000. Fifth Third Bancorp increased its holdings in shares of SEA by 464.3% in the first quarter. Fifth Third Bancorp now owns 237 shares of the Internet company based in Singapore's stock worth $31,000 after purchasing an additional 195 shares during the last quarter. Finally, Private Trust Co. NA lifted its position in shares of 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 worth $26,000 after buying an additional 204 shares in the last quarter. 59.53% of the stock is currently owned by hedge funds and other institutional investors.

SEA Trading Down 0.0%

SE traded down $0.06 on Friday, reaching $149.36. 2,289,212 shares of the company traded hands, compared to its average volume of 4,350,320. The company has a market cap of $87.99 billion, a P/E ratio of 105.18 and a beta of 1.60. 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 Limited Sponsored ADR has a one year low of $55.00 and a one year high of $172.65. The firm has a fifty day simple moving average of $155.00 and a two-hundred day simple moving average of $132.72.

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

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on SE shares. Arete Research upgraded SEA to a "strong-buy" rating in a report on Sunday, March 23rd. JPMorgan Chase & Co. raised shares of SEA from a "neutral" rating to an "overweight" rating and raised their target price for the company from $135.00 to $190.00 in a report on Tuesday, May 13th. UBS Group boosted their price target on shares of SEA from $135.00 to $176.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Sanford C. Bernstein reiterated an "outperform" rating and set a $170.00 price objective on shares of SEA in a research report on Wednesday, May 14th. Finally, Wall Street Zen raised shares of SEA from a "hold" rating to a "buy" rating in a research note on Monday. Three analysts have rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $153.17.

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.