B. Metzler seel. Sohn & Co. Holding AG Invests $707,000 in Sea Limited (NYSE:SE)

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Sea Limited (NYSE:SE) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 7,500 shares of the Internet company based in Singapore’s stock, valued at approximately $707,000.

A number of other large investors also recently bought and sold shares of the stock. Rosenberg Matthew Hamilton lifted its stake in SEA by 213.7% during the third quarter. Rosenberg Matthew Hamilton now owns 298 shares of the Internet company based in Singapore’s stock worth $28,000 after purchasing an additional 203 shares in the last quarter. SOA Wealth Advisors LLC. purchased a new stake in shares of SEA in the 2nd quarter valued at $32,000. Hexagon Capital Partners LLC lifted its stake in SEA by 63.1% during the 2nd quarter. Hexagon Capital Partners LLC now owns 654 shares of the Internet company based in Singapore’s stock worth $47,000 after acquiring an additional 253 shares in the last quarter. Canton Hathaway LLC lifted its stake in SEA by 20.0% during the 2nd quarter. Canton Hathaway LLC now owns 1,200 shares of the Internet company based in Singapore’s stock worth $86,000 after acquiring an additional 200 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in SEA by 34.5% during the 1st quarter. Advisors Asset Management Inc. now owns 1,825 shares of the Internet company based in Singapore’s stock valued at $98,000 after acquiring an additional 468 shares during the period. Institutional investors and hedge funds own 59.53% of the company’s stock.

SEA Stock Down 2.8 %

SE stock opened at $113.04 on Friday. The company’s 50 day moving average is $97.40 and its two-hundred day moving average is $81.00. Sea Limited has a twelve month low of $34.35 and a twelve month high of $117.85. 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 stock has a market cap of $64.70 billion, a P/E ratio of 753.60 and a beta of 1.52.

SEA (NYSE:SE) last released 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 the consensus estimate of $0.59 by ($0.35). SEA had a net margin of 0.64% and a return on equity of 1.40%. The company had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.09 billion. During the same quarter in the prior year, the company earned ($0.26) EPS. The business’s revenue was up 30.8% on a year-over-year basis. Research analysts expect that Sea Limited will post 0.81 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SE has been the topic of a number of recent research reports. Bank of America boosted their price target on shares of SEA from $84.00 to $96.00 and gave the stock a “buy” rating in a research note on Monday, September 23rd. TD Cowen increased their target price on shares of SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a report on Wednesday, November 13th. Phillip Securities restated a “reduce” rating and issued a $100.00 price target (up previously from $80.00) on shares of SEA in a research note on Tuesday, November 19th. Benchmark increased their price objective 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 boosted their target price on SEA from $94.00 to $131.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $91.21.

About SEA

Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally. It offers Garena digital entertainment platform for users to access mobile and PC online games, as well as promotes eSports operations.