Northern Trust Corp Buys 329,881 Shares of Sea Limited (NYSE:SE)

Northern Trust Corp raised its holdings in Sea Limited (NYSE:SE - Free Report) by 12.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,946,347 shares of the Internet company based in Singapore's stock after purchasing an additional 329,881 shares during the quarter. Northern Trust Corp owned 0.51% of SEA worth $312,607,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. SOA Wealth Advisors LLC. increased its position in SEA by 33.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore's stock worth $57,000 after purchasing an additional 150 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of SEA during the third quarter worth $290,000. Tidal Investments LLC increased its holdings in shares of SEA by 1,270.6% during the third quarter. Tidal Investments LLC now owns 109,034 shares of the Internet company based in Singapore's stock worth $10,280,000 after buying an additional 101,079 shares in the last quarter. American Trust bought a new position in shares of SEA in the 3rd quarter valued at $294,000. Finally, GAMMA Investing LLC boosted its holdings in shares of SEA by 29.7% during the 4th quarter. GAMMA Investing LLC now owns 1,645 shares of the Internet company based in Singapore's stock valued at $175,000 after acquiring an additional 377 shares in the last quarter. Institutional investors own 59.53% of the company's stock.

SEA Trading Up 3.2 %

SE traded up $4.46 during trading on Friday, reaching $141.77. 3,898,687 shares of the stock traded hands, compared to its average volume of 4,568,147. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. The stock's 50-day moving average is $125.69 and its 200 day moving average is $117.12. Sea Limited has a 12 month low of $55.00 and a 12 month high of $147.73. The stock has a market capitalization of $83.52 billion, a PE ratio of 945.13 and a beta of 1.70.

Analysts Set New Price Targets

A number of equities analysts have issued reports on SE shares. Benchmark upped their target price on SEA from $130.00 to $150.00 and gave the stock a "buy" rating in a report on Wednesday, March 5th. Jefferies Financial Group raised their price objective on shares of SEA from $131.00 to $157.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. UBS Group lifted their target price on shares of SEA from $135.00 to $176.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Sanford C. Bernstein set a $145.00 price target on shares of SEA and gave the company an "outperform" rating in a research report on Wednesday, March 5th. Finally, Loop Capital lifted their price target on shares of SEA from $135.00 to $165.00 and gave the stock a "buy" rating in a report on Monday, March 31st. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $125.43.

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.