Roman Butler Fullerton & Co. boosted its stake in Sea Limited (NYSE:SE – Free Report) by 89.0% in the 4th quarter, Holdings Channel reports. The firm owned 13,284 shares of the Internet company based in Singapore’s stock after buying an additional 6,257 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in SEA were worth $1,517,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in the stock. AustralianSuper Pty Ltd increased its holdings in SEA by 9.2% in the 4th quarter. AustralianSuper Pty Ltd now owns 14,458 shares of the Internet company based in Singapore’s stock valued at $1,534,000 after purchasing an additional 1,219 shares in the last quarter. Vontobel Holding Ltd. increased its holdings in SEA by 22.8% in the 4th quarter. Vontobel Holding Ltd. now owns 31,657 shares of the Internet company based in Singapore’s stock valued at $3,359,000 after purchasing an additional 5,874 shares in the last quarter. Clarity Capital Partners LLC increased its holdings in SEA by 20.9% in the 4th quarter. Clarity Capital Partners LLC now owns 3,402 shares of the Internet company based in Singapore’s stock valued at $361,000 after purchasing an additional 588 shares in the last quarter. Marks Group Wealth Management Inc increased its holdings in SEA by 11.8% in the 4th quarter. Marks Group Wealth Management Inc now owns 8,068 shares of the Internet company based in Singapore’s stock valued at $856,000 after purchasing an additional 851 shares in the last quarter. Finally, Capital Advisors Inc. OK increased its holdings in SEA by 34.5% in the 4th quarter. Capital Advisors Inc. OK now owns 256,722 shares of the Internet company based in Singapore’s stock valued at $27,238,000 after purchasing an additional 65,868 shares in the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.
SEA Stock Up 1.2 %
NYSE:SE opened at $134.72 on Friday. The company has a market capitalization of $77.10 billion, a price-to-earnings ratio of 898.11 and a beta of 1.55. Sea Limited has a one year low of $43.10 and a one year high of $135.06. The stock has a 50-day simple moving average of $115.44 and a 200 day simple moving average of $99.53. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62.
Analyst Upgrades and Downgrades
SE has been the subject of several recent analyst reports. TD Cowen raised their target price on SEA from $69.00 to $100.00 and gave the company a “hold” rating in a research note on Wednesday, November 13th. Phillip Securities restated a “reduce” rating and set a $100.00 target price (up from $80.00) on shares of SEA in a research note on Tuesday, November 19th. Dbs Bank upgraded SEA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 13th. Benchmark raised their target price on SEA from $94.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Finally, Barclays raised their target price on SEA from $94.00 to $131.00 and gave the company an “overweight” rating in a research note on Thursday, November 14th. 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 assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $91.21.
Check Out Our Latest Stock Analysis on SEA
SEA 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.
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