First Trust Advisors LP Has $3.32 Million Holdings in Sea Limited (NYSE:SE)

First Trust Advisors LP raised its position in shares of Sea Limited (NYSE:SE - Free Report) by 9.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,311 shares of the Internet company based in Singapore's stock after acquiring an additional 2,730 shares during the period. First Trust Advisors LP's holdings in SEA were worth $3,322,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SE. Private Trust Co. NA boosted its position in shares of SEA by 474.4% during the 4th quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock valued at $26,000 after acquiring an additional 204 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in SEA during the fourth quarter valued at approximately $34,000. Farther Finance Advisors LLC grew its stake in shares of SEA by 43.8% in the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock valued at $39,000 after purchasing an additional 112 shares during the period. Huntington National Bank raised its holdings in shares of SEA by 783.6% in the 4th quarter. Huntington National Bank now owns 486 shares of the Internet company based in Singapore's stock worth $52,000 after buying an additional 431 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in shares of SEA by 4,663.6% during the 4th quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore's stock worth $56,000 after buying an additional 513 shares during the period. Institutional investors and hedge funds own 59.53% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on SE. Jefferies Financial Group lifted their price objective on SEA from $131.00 to $157.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. Sanford C. Bernstein set a $145.00 price target on shares of SEA and gave the company an "outperform" rating in a research report on Wednesday, March 5th. Wedbush reaffirmed an "outperform" rating and set a $135.00 price objective on shares of SEA in a report on Tuesday, April 15th. JPMorgan Chase & Co. downgraded SEA from an "overweight" rating to a "neutral" rating and reduced their target price for the stock from $160.00 to $135.00 in a report on Wednesday, April 16th. Finally, Barclays raised their price target on SEA from $148.00 to $182.00 and gave the company an "overweight" rating in a report on Friday, March 7th. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $125.43.

SEA Trading Up 0.0 %

Shares of NYSE:SE traded up $0.02 during trading on Tuesday, reaching $142.52. The stock had a trading volume of 3,286,011 shares, compared to its average volume of 4,550,113. The firm's fifty day moving average is $126.30 and its 200 day moving average is $117.72. Sea Limited has a 52 week low of $55.00 and a 52 week high of $147.73. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. The stock has a market cap of $83.96 billion, a price-to-earnings ratio of 950.11 and a beta of 1.70.

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.