Sea Limited (NYSE:SE) Shares Bought by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG grew its position in Sea Limited (NYSE:SE) by 100.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,035 shares of the Internet company based in Singapore’s stock after purchasing an additional 7,535 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in SEA were worth $1,595,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Norges Bank purchased a new position in SEA in the fourth quarter valued at about $1,493,682,000. WCM Investment Management LLC increased its position in SEA by 22.8% in the fourth 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 buying an additional 4,761,289 shares during the period. Perpetual Ltd grew its position in shares of SEA by 3,033.0% during the fourth 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 last quarter. CoreView Capital Management Ltd lifted its position in SEA by 341.1% in the 3rd quarter. CoreView Capital Management Ltd now owns 1,996,376 shares of the Internet company based in Singapore’s stock valued at $188,218,000 after purchasing an additional 1,543,743 shares during the last quarter. Finally, Baillie Gifford & Co. grew its position in SEA by 3.5% in the 4th quarter. Baillie Gifford & Co. now owns 40,954,549 shares of the Internet company based in Singapore’s stock worth $4,345,278,000 after purchasing an additional 1,390,531 shares during the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Loop Capital boosted their price objective on SEA from $135.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday. JPMorgan Chase & Co. increased their price target on SEA from $133.00 to $160.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 5th. Jefferies Financial Group upped their price objective on shares of SEA from $131.00 to $157.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Phillip Securities raised shares of SEA from a “moderate sell” rating to a “hold” rating in a research note on Friday, March 7th. Finally, Benchmark upped their price target on shares of SEA from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, March 5th. Three equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given 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 target price of $121.40.

SEA Stock Up 1.6 %

Shares of SEA stock opened at $134.58 on Thursday. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. Sea Limited has a 12-month low of $51.70 and a 12-month high of $147.73. The firm has a market capitalization of $77.03 billion, a PE ratio of 897.20 and a beta of 1.73. The stock’s fifty day moving average is $128.20 and its 200-day moving average is $112.60.

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.