Chase Investment Counsel Corp Has $2.47 Million Stock Holdings in Sea Limited (NYSE:SE)

Chase Investment Counsel Corp grew its stake in Sea Limited (NYSE:SE) by 6.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,265 shares of the Internet company based in Singapore’s stock after buying an additional 1,376 shares during the period. Chase Investment Counsel Corp’s holdings in SEA were worth $2,468,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Private Trust Co. NA increased its stake in shares of SEA by 474.4% in the fourth 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. Rosenberg Matthew Hamilton increased its stake in shares of SEA by 213.7% in the third quarter. Rosenberg Matthew Hamilton now owns 298 shares of the Internet company based in Singapore’s stock valued at $28,000 after buying an additional 203 shares during the period. Kestra Investment Management LLC acquired a new stake in shares of SEA in the fourth quarter valued at about $34,000. Truvestments Capital LLC bought a new stake in shares of SEA during the 3rd quarter valued at about $41,000. Finally, Icon Wealth Advisors LLC bought a new stake in shares of SEA during the 3rd quarter valued at about $47,000. Institutional investors and hedge funds own 59.53% of the company’s stock.

SEA Stock Up 0.5 %

SE stock opened at $127.05 on Friday. Sea Limited has a twelve month low of $48.14 and a twelve month high of $139.18. 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 $118.39 and its 200-day moving average is $103.78. The firm has a market capitalization of $72.71 billion, a PE ratio of 846.99 and a beta of 1.55.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on SE shares. Benchmark upped their target price on SEA from $94.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. Wedbush restated an “outperform” rating and set a $105.00 target price (up previously from $84.00) on shares of SEA in a research report on Monday, November 4th. Dbs Bank upgraded SEA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 13th. Barclays upped their target price on SEA from $131.00 to $148.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Phillip Securities restated a “reduce” rating and set a $100.00 target price (up previously from $80.00) on shares of SEA in a research report on Tuesday, November 19th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $92.43.

SEA Company 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.