Siemens Fonds Invest GmbH Makes New $1.67 Million Investment in Sea Limited (NYSE:SE)

Siemens Fonds Invest GmbH purchased a new stake in shares of Sea Limited (NYSE:SE - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,693 shares of the Internet company based in Singapore's stock, valued at approximately $1,665,000.

Several other large investors have also recently modified their holdings of the stock. Private Trust Co. NA increased its holdings in shares of 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 worth $26,000 after purchasing an additional 204 shares in the last quarter. Kestra Investment Management LLC purchased a new stake in shares of SEA during the fourth quarter valued at $34,000. Farther Finance Advisors LLC boosted its position in shares of 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 last quarter. Banque Transatlantique SA bought a new stake in SEA in the 4th quarter worth about $39,000. Finally, Huntington National Bank raised 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 worth $52,000 after buying an additional 431 shares during the last quarter. Hedge funds and other institutional investors own 59.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Barclays raised their price target on shares of SEA from $182.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday. JPMorgan Chase & Co. upgraded shares of SEA from a "neutral" rating to an "overweight" rating and raised their target price for the stock from $135.00 to $190.00 in a report on Tuesday. Wedbush reaffirmed an "outperform" rating and issued a $135.00 target price on shares of SEA in a research report on Tuesday, April 15th. Jefferies Financial Group lifted their target price on shares of SEA from $131.00 to $157.00 and gave the stock a "buy" rating in a research report on Tuesday, March 4th. Finally, Bank of America downgraded shares of SEA from a "buy" rating to a "neutral" rating and set a $160.00 target price for the company. in a research report on Friday, May 9th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $145.23.

SEA Trading Down 2.0%

Shares of SEA stock opened at $161.39 on Friday. The company's fifty day simple moving average is $129.33 and its 200-day simple moving average is $120.49. The stock has a market capitalization of $95.08 billion, a PE ratio of 1,075.95 and a beta of 1.70. 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 current ratio of 1.62 and a quick ratio of 1.60.

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.

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