Sea Limited (NYSE:SE) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. lifted its holdings in shares of Sea Limited (NYSE:SE) by 50.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,194 shares of the Internet company based in Singapore’s stock after purchasing an additional 5,082 shares during the quarter. Blue Trust Inc.’s holdings in SEA were worth $1,612,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Rosenberg Matthew Hamilton lifted its stake in SEA by 213.7% during the third quarter. Rosenberg Matthew Hamilton now owns 298 shares of the Internet company based in Singapore’s stock worth $28,000 after purchasing an additional 203 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of SEA in the 3rd quarter valued at $41,000. Icon Wealth Advisors LLC purchased a new stake in shares of SEA in the 3rd quarter valued at $47,000. Geneos Wealth Management Inc. lifted its stake in SEA by 4,663.6% during the 4th quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore’s stock worth $56,000 after acquiring an additional 513 shares in the last quarter. Finally, TD Private Client Wealth LLC boosted its holdings in SEA by 33.7% during the 3rd quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore’s stock valued at $57,000 after acquiring an additional 152 shares during the period. 59.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

SE has been the topic of several research reports. Wedbush reissued an “outperform” rating and set a $105.00 price target (up previously from $84.00) on shares of SEA in a research report on Monday, November 4th. Dbs Bank upgraded shares of SEA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 13th. Phillip Securities reissued a “reduce” rating and issued a $100.00 price target (up previously from $80.00) on shares of SEA in a research report on Tuesday, November 19th. Barclays upped their price objective on SEA from $94.00 to $131.00 and gave the stock an “overweight” rating in a research report on Thursday, November 14th. Finally, TD Cowen lifted their target price on SEA from $69.00 to $100.00 and gave the company a “hold” rating in a report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $91.21.

SEA Stock Performance

Shares of SE opened at $114.32 on Tuesday. 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 $38.10 and a 52-week high of $119.47. The stock has a 50 day moving average price of $112.56 and a 200 day moving average price of $94.34. The company has a market capitalization of $65.43 billion, a price-to-earnings ratio of 762.13 and a beta of 1.54.

SEA (NYSE:SE) last posted its earnings results on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.35). SEA had a net margin of 0.64% and a return on equity of 1.40%. The company had revenue of $4.33 billion during the quarter, compared to analysts’ expectations of $4.09 billion. During the same period last year, the business earned ($0.26) earnings per share. The company’s quarterly revenue was up 30.8% on a year-over-year basis. Research analysts predict that Sea Limited will post 0.76 EPS for the current fiscal year.

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.