Nomura Holdings Inc. Raises Position in Sea Limited (NYSE:SE)

Nomura Holdings Inc. grew its holdings in shares of Sea Limited (NYSE:SE - Free Report) by 48.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 93,249 shares of the Internet company based in Singapore's stock after buying an additional 30,299 shares during the period. Nomura Holdings Inc.'s holdings in SEA were worth $9,894,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Private Trust Co. NA increased its position in SEA by 474.4% in 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 SEA in the 4th quarter valued at about $34,000. Farther Finance Advisors LLC increased its position in 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 acquiring an additional 112 shares during the period. Banque Transatlantique SA acquired a new position in SEA in the 4th quarter valued at about $39,000. Finally, Huntington National Bank increased its position in 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 acquiring an additional 431 shares during the period. 59.53% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Wedbush restated an "outperform" rating and issued a $135.00 price target on shares of SEA in a research report on Tuesday, April 15th. UBS Group boosted their target price on SEA from $135.00 to $176.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Loop Capital boosted their target price on SEA from $135.00 to $165.00 and gave the stock a "buy" rating in a research report on Monday, March 31st. Benchmark boosted their target price on SEA from $150.00 to $180.00 and gave the stock a "buy" rating in a research report on Wednesday. Finally, Arete Research upgraded SEA to a "strong-buy" rating in a research report on Sunday, March 23rd. Three equities 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 stock. According to data from MarketBeat, SEA has an average rating of "Moderate Buy" and an average price target of $145.23.

SEA Price Performance

SE stock traded down $3.24 on Friday, reaching $161.39. The company had a trading volume of 3,684,437 shares, compared to its average volume of 4,474,230. Sea Limited has a 1 year low of $55.00 and a 1 year high of $165.31. 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 company's fifty day moving average is $129.33 and its 200 day moving average is $120.66. The company has a market cap of $95.08 billion, a P/E ratio of 1,075.95 and a beta of 1.70.

SEA (NYSE:SE - Get Free Report) last posted its earnings results on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.93 by ($0.28). SEA had a net margin of 0.64% and a return on equity of 1.40%. The company had revenue of $4.84 billion during the quarter, compared to analysts' expectations of $4.90 billion. During the same period in the previous year, the company posted ($0.04) EPS. SEA's quarterly revenue was up 29.6% compared to the same quarter last year. On average, research analysts forecast that Sea Limited will post 0.74 earnings per share for the current year.

About SEA

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.