B. Metzler seel. Sohn & Co. AG increased its holdings in shares of Sea Limited (NYSE:SE – Free Report) by 100.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,035 shares of the Internet company based in Singapore’s stock after buying an additional 7,535 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in SEA were worth $1,595,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Private Trust Co. NA increased its holdings in shares of SEA by 474.4% in 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 purchasing an additional 204 shares during the period. Kestra Investment Management LLC acquired a new position in SEA in the 4th quarter valued at approximately $34,000. Farther Finance Advisors LLC lifted its position in SEA by 43.8% in the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore’s stock worth $39,000 after buying an additional 112 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of SEA by 4,663.6% during the 4th quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore’s stock valued at $56,000 after buying an additional 513 shares during the period. Finally, SOA Wealth Advisors LLC. grew its holdings in shares of SEA by 33.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore’s stock valued at $57,000 after acquiring an additional 150 shares in the last quarter. 59.53% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
SE has been the subject of a number of research reports. Phillip Securities raised SEA from a “moderate sell” rating to a “hold” rating in a research report on Friday, March 7th. JPMorgan Chase & Co. boosted their price target on SEA from $133.00 to $160.00 and gave the company an “overweight” rating in a research note on Wednesday, March 5th. Barclays raised their price objective on shares of SEA from $148.00 to $182.00 and gave the company an “overweight” rating in a research report on Friday, March 7th. Arete Research raised shares of SEA to a “strong-buy” rating in a research report on Sunday, March 23rd. Finally, Benchmark raised their price target on shares of SEA from $130.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, March 5th. Three 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $121.40.
SEA Stock Up 1.6 %
NYSE SE opened at $134.58 on Thursday. The stock’s 50 day simple moving average is $128.20 and its 200 day simple moving average is $112.60. Sea Limited has a one year low of $51.70 and a one year high of $147.73. The firm has a market cap of $77.03 billion, a PE ratio of 897.20 and a beta of 1.73. 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 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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