OneDigital Investment Advisors LLC Has $1.45 Million Position in Sea Limited (NYSE:SE)

OneDigital Investment Advisors LLC grew its position in Sea Limited (NYSE:SE - Free Report) by 120.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,646 shares of the Internet company based in Singapore's stock after buying an additional 7,456 shares during the quarter. OneDigital Investment Advisors LLC's holdings in SEA were worth $1,448,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in SE. Private Trust Co. NA boosted its stake 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 buying an additional 204 shares during the period. Kestra Investment Management LLC purchased a new stake in shares of SEA during the 4th quarter worth about $34,000. Farther Finance Advisors LLC lifted its holdings 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 valued at $39,000 after buying an additional 112 shares during 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 in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in SEA by 4,663.6% in the fourth 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 last quarter. 59.53% of the stock is owned by hedge funds and other institutional investors.

SEA Stock Performance

NYSE:SE traded down $1.65 during trading hours on Wednesday, hitting $132.27. 1,116,014 shares of the company traded hands, compared to its average volume of 4,583,393. 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 has a market capitalization of $75.70 billion, a price-to-earnings ratio of 880.12 and a beta of 1.73. The firm has a 50-day moving average of $125.02 and a 200 day moving average of $116.31. Sea Limited has a twelve month low of $55.00 and a twelve month high of $147.73.

Analyst Upgrades and Downgrades

Several research firms have commented on SE. Loop Capital boosted their target price on shares of SEA from $135.00 to $165.00 and gave the stock a "buy" rating in a research report on Monday, March 31st. Wedbush reiterated an "outperform" rating and issued a $135.00 price objective on shares of SEA in a report on Tuesday, April 15th. Arete Research upgraded SEA to a "strong-buy" rating in a report on Sunday, March 23rd. JPMorgan Chase & Co. downgraded SEA from an "overweight" rating to a "neutral" rating and decreased their price target for the stock from $160.00 to $135.00 in a research note on Wednesday, April 16th. Finally, UBS Group raised their price objective on SEA from $135.00 to $176.00 and gave the company a "buy" rating in a research note 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 company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $125.43.

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.