Sea Limited (NYSE:SE) Shares Acquired by US Bancorp DE

US Bancorp DE raised its holdings in shares of Sea Limited (NYSE:SE) by 46.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 133,022 shares of the Internet company based in Singapore’s stock after purchasing an additional 42,275 shares during the period. US Bancorp DE’s holdings in SEA were worth $14,114,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SE. Private Trust Co. NA increased its position 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 valued at $26,000 after acquiring an additional 204 shares during the period. Kestra Investment Management LLC acquired a new position in shares of SEA in the 4th quarter valued at $34,000. Truvestments Capital LLC acquired a new position in shares of SEA in the 3rd quarter valued at $41,000. Icon Wealth Advisors LLC acquired a new position in shares of SEA in the 3rd quarter valued at $47,000. Finally, Geneos Wealth Management Inc. increased its position in shares of SEA by 4,663.6% in the 4th quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore’s stock valued at $56,000 after acquiring an additional 513 shares during the period. 59.53% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SE has been the topic of several research reports. Dbs Bank raised SEA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 13th. Benchmark increased their price target on SEA from $94.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. TD Cowen increased their price target on SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a research report on Wednesday, November 13th. Barclays increased their price target on SEA from $131.00 to $148.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. Finally, Wedbush reaffirmed an “outperform” rating and set a $105.00 price target (up from $84.00) on shares of SEA in a research report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $92.43.

SEA Trading Down 2.9 %

SE stock opened at $123.52 on Tuesday. The company’s 50-day simple moving average is $118.72 and its 200-day simple moving average is $104.60. 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 52-week low of $49.76 and a 52-week high of $139.18. The firm has a market cap of $70.70 billion, a P/E ratio of 823.47 and a beta of 1.55.

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.