UniSuper Management Pty Ltd Sells 3,545 Shares of Sea Limited (NYSE:SE)

UniSuper Management Pty Ltd reduced its holdings in shares of Sea Limited (NYSE:SE) by 33.3% during the fourth quarter, Holdings Channel reports. The fund owned 7,100 shares of the Internet company based in Singapore’s stock after selling 3,545 shares during the period. UniSuper Management Pty Ltd’s holdings in SEA were worth $753,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in SE. Private Trust Co. NA boosted its holdings in SEA by 474.4% during 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 purchased a new stake in shares of SEA during the fourth quarter valued at approximately $34,000. Farther Finance Advisors LLC grew its holdings in shares of SEA by 43.8% in the fourth 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 last quarter. Geneos Wealth Management Inc. increased its stake in shares of SEA by 4,663.6% in the fourth quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore’s stock worth $56,000 after buying an additional 513 shares during the period. Finally, SOA Wealth Advisors LLC. increased its stake in shares of SEA by 33.3% in the third 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 period. 59.53% of the stock is owned by hedge funds and other institutional investors.

SEA Price Performance

Shares of NYSE SE opened at $130.41 on Tuesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. The company has a 50 day simple moving average of $127.59 and a two-hundred day simple moving average of $112.08. Sea Limited has a fifty-two week low of $51.70 and a fifty-two week high of $147.73. The company has a market capitalization of $74.64 billion, a price-to-earnings ratio of 869.40 and a beta of 1.62.

Analysts Set New Price Targets

SE has been the topic of a number of analyst reports. Phillip Securities upgraded shares of SEA from a “moderate sell” rating to a “hold” rating in a research report on Friday, March 7th. Benchmark boosted their price target on SEA from $130.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, March 5th. Barclays increased their price objective on SEA from $148.00 to $182.00 and gave the stock an “overweight” rating in a report on Friday, March 7th. Loop Capital boosted their target price on SEA from $135.00 to $165.00 and gave the company a “buy” rating in a research note on Monday. Finally, Jefferies Financial Group raised their price target on SEA from $131.00 to $157.00 and gave the stock a “buy” rating in a research note on Tuesday, March 4th. Three equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $121.40.

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.