Roman Butler Fullerton & Co. grew its holdings in shares of Sea Limited (NYSE:SE – Free Report) by 89.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,284 shares of the Internet company based in Singapore’s stock after purchasing an additional 6,257 shares during the period. Roman Butler Fullerton & Co.’s holdings in SEA were worth $1,517,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Baillie Gifford & Co. grew its holdings in shares of SEA by 15.5% in the 3rd quarter. Baillie Gifford & Co. now owns 39,564,018 shares of the Internet company based in Singapore’s stock worth $3,730,096,000 after acquiring an additional 5,295,590 shares during the period. WCM Investment Management LLC grew its holdings in shares of SEA by 22.8% in the 4th quarter. WCM Investment Management LLC now owns 25,663,667 shares of the Internet company based in Singapore’s stock worth $2,758,331,000 after acquiring an additional 4,761,289 shares during the period. Kaizen Investment Management Pte. Ltd. acquired a new stake in shares of SEA in the 3rd quarter worth approximately $587,544,000. Geode Capital Management LLC grew its holdings in shares of SEA by 4.2% in the 3rd quarter. Geode Capital Management LLC now owns 3,059,521 shares of the Internet company based in Singapore’s stock worth $283,543,000 after acquiring an additional 124,433 shares during the period. Finally, Perpetual Ltd grew its holdings in shares of SEA by 3,033.0% in the 4th quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore’s stock worth $222,598,000 after acquiring an additional 2,031,038 shares during the period. Institutional investors and hedge funds own 59.53% of the company’s stock.
SEA Trading Up 1.2 %
Shares of SE opened at $134.72 on Friday. 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 firm has a market capitalization of $77.10 billion, a P/E ratio of 898.11 and a beta of 1.55. The stock’s fifty day simple moving average is $115.44 and its 200 day simple moving average is $99.53. Sea Limited has a twelve month low of $43.10 and a twelve month high of $135.06.
Analysts Set New Price Targets
A number of research firms recently weighed in on SE. Barclays upped their price target on SEA from $94.00 to $131.00 and gave the stock an “overweight” rating in a report on Thursday, November 14th. Phillip Securities reaffirmed a “reduce” rating and issued a $100.00 target price (up previously from $80.00) on shares of SEA in a research note on Tuesday, November 19th. Benchmark upped their target price on SEA from $94.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Wedbush reaffirmed an “outperform” rating and issued a $105.00 target price (up previously from $84.00) on shares of SEA in a research note on Monday, November 4th. Finally, TD Cowen increased their price target on SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a research note on Wednesday, November 13th. One analyst has rated the stock with a sell rating, two have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $91.21.
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.
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