Sea Limited (NYSE:SE) Shares Bought by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC raised its holdings in Sea Limited (NYSE:SE) by 193.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,548 shares of the Internet company based in Singapore’s stock after buying an additional 1,020 shares during the period. Smartleaf Asset Management LLC’s holdings in SEA were worth $166,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SE. Baillie Gifford & Co. grew its holdings in shares of SEA by 3.5% during the fourth 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. WCM Investment Management LLC grew its holdings in shares of SEA by 22.8% during 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 purchasing an additional 4,761,289 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of SEA by 4.2% during the third quarter. Geode Capital Management LLC now owns 3,059,521 shares of the Internet company based in Singapore’s stock worth $283,543,000 after purchasing an additional 124,433 shares during the last quarter. Perpetual Ltd grew its holdings 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 purchasing an additional 2,031,038 shares during the last quarter. Finally, CoreView Capital Management Ltd grew its holdings in shares of SEA by 341.1% during the third quarter. CoreView Capital Management Ltd now owns 1,996,376 shares of the Internet company based in Singapore’s stock worth $188,218,000 after purchasing an additional 1,543,743 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.

SEA Price Performance

Shares of SE opened at $139.46 on Friday. Sea Limited has a twelve month low of $51.70 and a twelve month high of $147.73. The stock’s 50 day moving average is $120.13 and its two-hundred day moving average is $105.58. The firm has a market capitalization of $79.82 billion, a PE ratio of 929.73 and a beta of 1.55. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. TD Cowen raised their price objective on SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a report on Wednesday, November 13th. Barclays raised their price objective on SEA from $131.00 to $148.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. Dbs Bank raised SEA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 13th. Benchmark raised their price target on SEA from $130.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. raised their price target on SEA from $133.00 to $160.00 and gave the stock an “overweight” rating in a report on Wednesday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $104.64.

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.