Yousif Capital Management LLC Purchases 527 Shares of Sea Limited (NYSE:SE)

Yousif Capital Management LLC raised its position in shares of Sea Limited (NYSE:SE) by 2.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 20,406 shares of the Internet company based in Singapore’s stock after acquiring an additional 527 shares during the period. Yousif Capital Management LLC’s holdings in SEA were worth $2,165,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Kaizen Investment Management Pte. Ltd. acquired a new stake in SEA during the 3rd quarter valued at $587,544,000. WCM Investment Management LLC grew its holdings in shares of SEA by 35.9% during the third quarter. WCM Investment Management LLC now owns 20,902,378 shares of the Internet company based in Singapore’s stock worth $1,971,303,000 after purchasing an additional 5,517,559 shares during the last quarter. Baillie Gifford & Co. increased its stake in shares of SEA by 15.5% in the third quarter. Baillie Gifford & Co. now owns 39,564,018 shares of the Internet company based in Singapore’s stock valued at $3,730,096,000 after buying an additional 5,295,590 shares in the last quarter. Perpetual Ltd raised its holdings in shares of SEA by 3,033.0% in the fourth quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore’s stock valued at $222,598,000 after buying an additional 2,031,038 shares during the last quarter. Finally, CoreView Capital Management Ltd lifted its position in SEA by 341.1% during the 3rd 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 buying an additional 1,543,743 shares in the last quarter. Institutional investors own 59.53% of the company’s stock.

SEA Price Performance

SEA stock opened at $125.31 on Tuesday. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $71.72 billion, a P/E ratio of 835.37 and a beta of 1.55. The business has a 50-day moving average of $114.21 and a 200-day moving average of $98.13. Sea Limited has a 1 year low of $41.60 and a 1 year high of $126.67.

SEA (NYSE:SE) last issued its quarterly earnings data on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.35). The firm had revenue of $4.33 billion for the quarter, compared to analyst estimates of $4.09 billion. SEA had a net margin of 0.64% and a return on equity of 1.40%. The firm’s revenue for the quarter was up 30.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.26) EPS. On average, equities analysts anticipate that Sea Limited will post 0.8 EPS for the current year.

Analyst Upgrades and Downgrades

SE has been the subject of a number of research analyst reports. TD Cowen boosted their target price on shares of SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a research note on Wednesday, November 13th. Barclays boosted their price objective on shares of SEA from $94.00 to $131.00 and gave the stock an “overweight” rating in a research report on Thursday, November 14th. Benchmark increased their price objective on SEA from $94.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. Dbs Bank upgraded SEA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 13th. Finally, Wedbush reaffirmed an “outperform” rating and set a $105.00 price target (up previously from $84.00) on shares of SEA in a research note on Monday, November 4th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.21.

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.