TD Private Client Wealth LLC lifted its holdings in Sea Limited (NYSE:SE – Free Report) by 66.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,002 shares of the Internet company based in Singapore’s stock after acquiring an additional 399 shares during the quarter. TD Private Client Wealth LLC’s holdings in SEA were worth $106,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of the business. Perpetual Ltd increased its position in SEA by 3,033.0% in the 4th quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore’s stock worth $222,598,000 after buying an additional 2,031,038 shares during the period. Ninety One UK Ltd lifted its position in shares of SEA by 1,673.2% during the 4th quarter. Ninety One UK Ltd now owns 1,243,888 shares of the Internet company based in Singapore’s stock worth $131,977,000 after buying an additional 1,173,738 shares during the period. M&T Bank Corp boosted its stake in shares of SEA by 2,163.9% in the 3rd quarter. M&T Bank Corp now owns 74,505 shares of the Internet company based in Singapore’s stock valued at $7,024,000 after purchasing an additional 71,214 shares in the last quarter. SeaTown Holdings Pte. Ltd. bought a new stake in shares of SEA in the 4th quarter worth about $4,821,000. Finally, Public Sector Pension Investment Board grew its holdings in shares of SEA by 24.8% in the 3rd quarter. Public Sector Pension Investment Board now owns 191,807 shares of the Internet company based in Singapore’s stock worth $18,084,000 after purchasing an additional 38,100 shares during the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently issued reports on the stock. UBS Group upped their price target on shares of SEA from $135.00 to $176.00 and gave the stock a “buy” rating in a research report on Friday, March 7th. Benchmark lifted their price objective on SEA from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, March 5th. Jefferies Financial Group upped their target price on shares of SEA from $131.00 to $157.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th. Sanford C. Bernstein set a $145.00 price objective on SEA and gave the company an “outperform” rating in a report on Wednesday, March 5th. Finally, Phillip Securities raised shares of SEA from a “moderate sell” rating to a “hold” rating in a research report on Friday, March 7th. Three equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, SEA currently has a consensus rating of “Moderate Buy” and a consensus target price of $116.67.
SEA Trading Up 0.7 %
Shares of NYSE:SE opened at $130.37 on Wednesday. The company has a market capitalization of $74.62 billion, a P/E ratio of 869.13 and a beta of 1.62. The business’s 50 day simple moving average is $126.16 and its 200 day simple moving average is $110.59. Sea Limited has a 1 year low of $51.70 and a 1 year high of $147.73. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60.
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.
Further Reading
- Five stocks we like better than SEA
- 3 Warren Buffett Stocks to Buy Now
- Innovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of Startups
- 3 REITs to Buy and Hold for the Long Term
- NVIDIA Insiders Sell: This Is What It Means for the MarketĀ
- How to Read Stock Charts for Beginners
- Space Stocks Bottoming: Which Are Positioned Best for a Bounce?
Want to see what other hedge funds are holding SE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sea Limited (NYSE:SE – Free Report).
Receive News & Ratings for SEA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEA and related companies with MarketBeat.com's FREE daily email newsletter.