Kensico Capital Management Corp Has $131.94 Million Stock Holdings in Sea Limited (NYSE:SE)

Kensico Capital Management Corp boosted its holdings in shares of Sea Limited (NYSE:SE - Free Report) by 37.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,243,500 shares of the Internet company based in Singapore's stock after buying an additional 338,500 shares during the period. SEA makes up about 3.0% of Kensico Capital Management Corp's holdings, making the stock its 13th biggest position. Kensico Capital Management Corp owned approximately 0.22% of SEA worth $131,935,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Private Trust Co. NA raised its position in SEA by 474.4% during the fourth quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock valued at $26,000 after buying an additional 204 shares during the period. Kestra Investment Management LLC purchased a new position in SEA in the fourth quarter valued at about $34,000. Farther Finance Advisors LLC grew its stake in SEA by 43.8% in the fourth 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 in the last quarter. Banque Transatlantique SA purchased a new position in SEA in the fourth quarter valued at about $39,000. Finally, Huntington National Bank grew its stake in SEA by 783.6% in the fourth quarter. Huntington National Bank now owns 486 shares of the Internet company based in Singapore's stock valued at $52,000 after purchasing an additional 431 shares in the last quarter. 59.53% of the stock is owned by institutional investors and hedge funds.

SEA Stock Performance

Shares of NYSE SE traded up $7.71 during trading hours on Wednesday, hitting $161.84. 11,195,168 shares of the company's stock were exchanged, compared to its average volume of 4,509,472. Sea Limited has a 1-year low of $55.00 and a 1-year high of $163.26. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. The stock has a market capitalization of $95.34 billion, a price-to-earnings ratio of 1,078.93 and a beta of 1.70. The company's 50-day moving average price is $127.90 and its 200-day moving average price is $119.59.

Analysts Set New Price Targets

SE has been the topic of a number of recent research reports. Jefferies Financial Group boosted their target price on SEA from $131.00 to $157.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. Bank of America downgraded SEA from a "buy" rating to a "neutral" rating and set a $160.00 target price on the stock. in a research note on Friday, May 9th. Wedbush restated an "outperform" rating and issued a $135.00 target price on shares of SEA in a research note on Tuesday, April 15th. UBS Group boosted their target price on SEA from $135.00 to $176.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Finally, Sanford C. Bernstein restated an "outperform" rating and issued a $170.00 target price on shares of SEA in a research note on Wednesday. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $137.86.

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.