TD Private Client Wealth LLC Boosts Holdings in Sea Limited (NYSE:SE)

TD Private Client Wealth LLC boosted its stake in shares of Sea Limited (NYSE:SE) by 66.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,002 shares of the Internet company based in Singapore’s stock after buying an additional 399 shares during the quarter. TD Private Client Wealth LLC’s holdings in SEA were worth $106,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in SEA by 2.3% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 303,021 shares of the Internet company based in Singapore’s stock worth $32,151,000 after purchasing an additional 6,822 shares during the last quarter. Contrarius Group Holdings Ltd acquired a new stake in shares of SEA in the 4th quarter valued at approximately $17,997,000. iA Global Asset Management Inc. boosted its position in shares of SEA by 45.0% during the 4th quarter. iA Global Asset Management Inc. now owns 69,469 shares of the Internet company based in Singapore’s stock worth $7,371,000 after purchasing an additional 21,567 shares in the last quarter. Teacher Retirement System of Texas boosted its holdings in SEA by 184.7% during the fourth quarter. Teacher Retirement System of Texas now owns 515,663 shares of the Internet company based in Singapore’s stock worth $54,712,000 after buying an additional 334,513 shares in the last quarter. Finally, Trivest Advisors Ltd grew its holdings in shares of SEA by 1,083.3% in the 4th quarter. Trivest Advisors Ltd now owns 710,000 shares of the Internet company based in Singapore’s stock worth $75,331,000 after acquiring an additional 650,000 shares during the period. 59.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on SE. Sanford C. Bernstein set a $145.00 price target on shares of SEA and gave the company an “outperform” rating in a research report on Wednesday, March 5th. Barclays raised their target price on shares of SEA from $148.00 to $182.00 and gave the stock an “overweight” rating in a research report on Friday, March 7th. Arete Research raised SEA to a “strong-buy” rating in a research note on Sunday. JPMorgan Chase & Co. increased their target price on SEA from $133.00 to $160.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 5th. Finally, Phillip Securities upgraded SEA from a “moderate sell” rating to a “hold” rating in a report on Friday, March 7th. 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’s stock. According to data from MarketBeat, SEA currently has an average rating of “Moderate Buy” and an average target price of $116.67.

SEA Stock Performance

Shares of SE stock opened at $130.37 on Wednesday. Sea Limited has a 52 week low of $51.70 and a 52 week high of $147.73. 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 business has a 50 day moving average of $126.16 and a two-hundred day moving average of $110.59. The company has a market cap of $74.62 billion, a P/E ratio of 869.13 and a beta of 1.62.

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.