West Family Investments Inc. Invests $241,000 in Sea Limited Sponsored ADR (NYSE:SE)

West Family Investments Inc. bought a new position in Sea Limited Sponsored ADR (NYSE:SE - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,849 shares of the Internet company based in Singapore's stock, valued at approximately $241,000.

Other hedge funds have also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. raised its stake in shares of SEA by 42.0% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 17,409 shares of the Internet company based in Singapore's stock valued at $2,272,000 after purchasing an additional 5,153 shares during the period. Sequoia Financial Advisors LLC lifted its stake in SEA by 8.6% in the 1st quarter. Sequoia Financial Advisors LLC now owns 3,536 shares of the Internet company based in Singapore's stock worth $461,000 after purchasing an additional 279 shares in the last quarter. Brucke Financial Inc. purchased a new stake in SEA in the 4th quarter worth approximately $211,000. Sowell Financial Services LLC bought a new position in SEA in the 1st quarter valued at $216,000. Finally, Assenagon Asset Management S.A. grew its position in shares of SEA by 10.9% during the 1st quarter. Assenagon Asset Management S.A. now owns 4,839 shares of the Internet company based in Singapore's stock valued at $631,000 after purchasing an additional 476 shares in the last quarter. 59.53% of the stock is currently owned by institutional investors.

SEA Trading Up 3.0%

SE traded up $4.88 during trading on Thursday, hitting $166.18. 2,904,895 shares of the stock were exchanged, compared to its average volume of 4,372,263. Sea Limited Sponsored ADR has a 1 year low of $55.00 and a 1 year high of $172.65. The firm has a market cap of $97.90 billion, a price-to-earnings ratio of 117.09 and a beta of 1.60. The firm has a 50 day simple moving average of $157.32 and a 200 day simple moving average of $135.05. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.49 and a current ratio of 1.51.

SEA (NYSE:SE - Get Free Report) last issued 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 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 business had revenue of $4.84 billion for the quarter, compared to analysts' expectations of $4.90 billion. During the same period in the previous year, the business earned ($0.04) earnings per share. The business's quarterly revenue was up 29.6% compared to the same quarter last year. As a group, equities analysts expect that Sea Limited Sponsored ADR will post 0.74 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on SE shares. Wedbush reaffirmed an "outperform" rating on shares of SEA in a research note on Wednesday, May 14th. Barclays increased 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. Benchmark lifted their price target on SEA from $150.00 to $180.00 and gave the stock a "buy" rating in a research note on Wednesday, May 14th. Arete Research upgraded SEA to a "strong-buy" rating in a research report on Sunday, March 23rd. Finally, Bank of America downgraded SEA from a "buy" rating to a "neutral" rating and set a $160.00 target price for the company. in a research report on Friday, May 9th. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently 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.