LRT Capital Management LLC Acquires Shares of 4,711 Sea Limited (NYSE:SE)

LRT Capital Management LLC acquired a new stake in Sea Limited (NYSE:SE - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 4,711 shares of the Internet company based in Singapore's stock, valued at approximately $500,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Private Trust Co. NA raised its holdings 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 valued at $26,000 after buying an additional 204 shares during the last quarter. Kestra Investment Management LLC acquired a new position in SEA during the 4th quarter worth $34,000. Farther Finance Advisors LLC boosted its holdings 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 acquiring an additional 112 shares during the last quarter. Banque Transatlantique SA acquired a new stake in SEA in the fourth quarter worth about $39,000. Finally, Huntington National Bank raised its holdings in SEA by 783.6% during the 4th quarter. Huntington National Bank now owns 486 shares of the Internet company based in Singapore's stock worth $52,000 after purchasing an additional 431 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company's stock.

SEA Stock Up 0.9%

SEA stock traded up $1.44 during mid-day trading on Thursday, reaching $164.62. The stock had a trading volume of 6,284,798 shares, compared to its average volume of 4,516,551. The firm has a market capitalization of $96.98 billion, a PE ratio of 1,097.47 and a beta of 1.70. The stock's 50-day simple moving average is $127.90 and its 200-day simple moving average is $119.59. Sea Limited has a fifty-two week low of $55.00 and a fifty-two week high of $164.85. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Wedbush reissued an "outperform" rating and set a $135.00 price objective on shares of SEA in a research note on Tuesday, April 15th. Phillip Securities raised SEA from a "moderate sell" rating to a "hold" rating in a report on Friday, March 7th. Barclays lifted their price objective on shares of SEA from $182.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday. Loop Capital raised their target price on SEA from $135.00 to $165.00 and gave the company a "buy" rating in a report on Monday, March 31st. Finally, Benchmark increased their target price on SEA from $150.00 to $180.00 and gave the company a "buy" rating in a research report on Wednesday. Four 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's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $139.14.

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.