OneAscent Financial Services LLC Makes New $301,000 Investment in Sea Limited (NYSE:SE)

OneAscent Financial Services LLC purchased a new stake in shares of Sea Limited (NYSE:SE) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,833 shares of the Internet company based in Singapore’s stock, valued at approximately $301,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SE. Farther Finance Advisors LLC grew its position in SEA by 43.8% in the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore’s stock worth $39,000 after purchasing an additional 112 shares during the period. SOA Wealth Advisors LLC. boosted its stake in shares of SEA by 33.3% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore’s stock worth $57,000 after buying an additional 150 shares during the last quarter. TD Private Client Wealth LLC grew its holdings in shares of SEA by 33.7% in the third quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore’s stock worth $57,000 after acquiring an additional 152 shares during the period. Ballentine Partners LLC increased its position in 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 during the last quarter. Finally, Integrated Wealth Concepts LLC lifted its holdings in SEA by 2.6% in the third quarter. Integrated Wealth Concepts LLC now owns 6,357 shares of the Internet company based in Singapore’s stock valued at $599,000 after acquiring an additional 160 shares during the period. 59.53% of the stock is owned by institutional investors.

SEA Stock Down 11.6 %

Shares of SE opened at $106.18 on Friday. The business’s 50 day moving average is $128.04 and its 200 day moving average is $112.83. The company has a current ratio of 1.62, a quick ratio of 1.60 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 company has a market capitalization of $60.77 billion, a PE ratio of 707.88 and a beta of 1.73.

Analyst Ratings Changes

SE has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price target on SEA from $133.00 to $160.00 and gave the company an “overweight” rating in a research note on Wednesday, March 5th. Sanford C. Bernstein set a $145.00 target price on shares of SEA and gave the company an “outperform” rating in a research report on Wednesday, March 5th. Jefferies Financial Group increased their price target 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. Arete Research raised shares of SEA to a “strong-buy” rating in a research report on Sunday, March 23rd. Finally, Benchmark raised their target price on SEA from $130.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, March 5th. Three analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $121.40.

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.