GeoWealth Management LLC Boosts Position in Sea Limited (NYSE:SE)

GeoWealth Management LLC raised its position in shares of Sea Limited (NYSE:SE - Free Report) by 1,251.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,446 shares of the Internet company based in Singapore's stock after purchasing an additional 3,191 shares during the quarter. GeoWealth Management LLC's holdings in SEA were worth $366,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Private Trust Co. NA lifted 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 during the period. Kestra Investment Management LLC acquired a new position in shares of SEA during the fourth quarter valued at about $34,000. Farther Finance Advisors LLC boosted its position in shares of SEA by 43.8% during the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore's stock worth $39,000 after purchasing an additional 112 shares in the last quarter. Huntington National Bank grew its stake 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 valued at $52,000 after buying an additional 431 shares during the period. Finally, Geneos Wealth Management Inc. increased its position in SEA by 4,663.6% in the 4th quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore's stock valued at $56,000 after buying an additional 513 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company's stock.

SEA Stock Performance

Shares of SE traded up $3.78 on Friday, reaching $128.01. 3,518,652 shares of the company's stock traded hands, compared to its average volume of 4,612,289. The stock has a market cap of $73.27 billion, a PE ratio of 853.40 and a beta of 1.73. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. The stock's 50 day simple moving average is $125.11 and its two-hundred day simple moving average is $115.97. Sea Limited has a 52-week low of $55.00 and a 52-week high of $147.73.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Jefferies Financial Group upped their target price on SEA from $131.00 to $157.00 and gave the stock a "buy" rating in a research report on Tuesday, March 4th. Sanford C. Bernstein set a $145.00 price objective on shares of SEA and gave the stock an "outperform" rating in a report on Wednesday, March 5th. Loop Capital raised their price objective on shares of SEA from $135.00 to $165.00 and gave the company a "buy" rating in a research note on Monday, March 31st. Wedbush restated an "outperform" rating and issued a $135.00 target price on shares of SEA in a report on Tuesday, April 15th. Finally, Barclays raised their price target on shares of SEA from $148.00 to $182.00 and gave the company an "overweight" rating in a research report on Friday, March 7th. Four research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, SEA currently has an average rating of "Moderate Buy" and an average target price of $125.43.

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.