Yeomans Consulting Group Inc. Buys New Position in Sea Limited (NYSE:SE)

Yeomans Consulting Group Inc. purchased a new stake in Sea Limited (NYSE:SE) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,506 shares of the Internet company based in Singapore’s stock, valued at approximately $266,000.

Several other large investors have also bought and sold shares of the stock. Rosenberg Matthew Hamilton boosted its stake in shares of SEA by 213.7% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 298 shares of the Internet company based in Singapore’s stock worth $28,000 after buying an additional 203 shares during the last quarter. Truvestments Capital LLC purchased a new position in SEA in the third quarter worth $41,000. Icon Wealth Advisors LLC bought a new position in SEA in the 3rd quarter valued at $47,000. SOA Wealth Advisors LLC. increased its position 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 purchasing an additional 150 shares during the last quarter. Finally, TD Private Client Wealth LLC raised its stake in shares of SEA by 33.7% during the 3rd quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore’s stock worth $57,000 after purchasing an additional 152 shares during the period. 59.53% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Benchmark increased their price target on shares of SEA from $94.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. Barclays raised their price target on shares of SEA from $94.00 to $131.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. TD Cowen upped their price objective on SEA from $69.00 to $100.00 and gave the company a “hold” rating in a research note on Wednesday, November 13th. Dbs Bank raised SEA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 13th. Finally, Phillip Securities restated a “reduce” rating and issued a $100.00 target price (up from $80.00) on shares of SEA in a research note on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $91.21.

SEA Stock Performance

Shares of NYSE SE opened at $116.44 on Friday. The stock has a market cap of $66.64 billion, a price-to-earnings ratio of 776.24 and a beta of 1.54. The stock’s 50-day moving average is $112.14 and its 200 day moving average is $93.46. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. Sea Limited has a 1-year low of $38.10 and a 1-year high of $119.47.

SEA (NYSE:SE) last announced its quarterly earnings data on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.35). SEA had a return on equity of 1.40% and a net margin of 0.64%. The business had revenue of $4.33 billion during the quarter, compared to the consensus estimate of $4.09 billion. The company’s revenue was up 30.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.26) earnings per share. On average, sell-side analysts anticipate that Sea Limited will post 0.76 EPS for the current fiscal year.

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.