Banco Bilbao Vizcaya Argentaria S.A. Trims Position in Sea Limited (NYSE:SE)

Banco Bilbao Vizcaya Argentaria S.A. reduced its stake in Sea Limited (NYSE:SE - Free Report) by 20.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,163 shares of the Internet company based in Singapore's stock after selling 10,239 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in SEA were worth $4,148,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC lifted its position in SEA by 43.8% during 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 buying an additional 112 shares during the period. SOA Wealth Advisors LLC. increased its holdings in shares of SEA by 33.3% during the third quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore's stock valued at $57,000 after acquiring an additional 150 shares in the last quarter. Ballentine Partners LLC increased its holdings in shares of SEA by 5.6% during the fourth quarter. Ballentine Partners LLC now owns 2,970 shares of the Internet company based in Singapore's stock valued at $315,000 after acquiring an additional 158 shares in the last quarter. Moseley Investment Management Inc. increased its holdings in shares of SEA by 4.3% during the fourth quarter. Moseley Investment Management Inc. now owns 3,870 shares of the Internet company based in Singapore's stock valued at $411,000 after acquiring an additional 161 shares in the last quarter. Finally, Roberts Wealth Advisors LLC increased its holdings in shares of SEA by 0.7% during the fourth quarter. Roberts Wealth Advisors LLC now owns 23,477 shares of the Internet company based in Singapore's stock valued at $2,602,000 after acquiring an additional 161 shares in the last quarter. 59.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on SE shares. Arete Research upgraded SEA to a "strong-buy" rating in a report on Sunday, March 23rd. Wedbush restated an "outperform" rating and set a $135.00 price target on shares of SEA in a report on Tuesday, April 15th. Barclays lifted their price objective on SEA from $148.00 to $182.00 and gave the stock an "overweight" rating in a report on Friday, March 7th. Sanford C. Bernstein set a $145.00 price objective on SEA and gave the stock an "outperform" rating in a report on Wednesday, March 5th. Finally, Phillip Securities upgraded SEA from a "moderate sell" rating to a "hold" rating in a report on Friday, March 7th. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $125.43.

SEA Stock Performance

SE stock traded up $3.48 during midday trading on Thursday, reaching $137.53. 1,874,661 shares of the company's stock traded hands, compared to its average volume of 4,578,990. Sea Limited has a 52-week low of $55.00 and a 52-week high of $147.73. The stock has a market cap of $78.71 billion, a P/E ratio of 916.79 and a beta of 1.73. 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's 50-day moving average is $125.13 and its 200 day moving average is $116.43.

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.