Sea Limited (NYSE:SE) Shares Sold by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. trimmed its position in Sea Limited (NYSE:SE) by 15.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 252,322 shares of the Internet company based in Singapore’s stock after selling 46,309 shares during the quarter. Asset Management One Co. Ltd.’s holdings in SEA were worth $27,404,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Clarity Capital Partners LLC raised its holdings in shares of 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 raised its stake in SEA by 11.8% during the 4th quarter. Marks Group Wealth Management Inc now owns 8,068 shares of the Internet company based in Singapore’s stock worth $856,000 after acquiring an additional 851 shares in the last quarter. Capital Advisors Inc. OK raised its stake in SEA by 34.5% during the 4th quarter. Capital Advisors Inc. OK now owns 256,722 shares of the Internet company based in Singapore’s stock worth $27,238,000 after acquiring an additional 65,868 shares in the last quarter. Aubrey Capital Management Ltd raised its stake in SEA by 18.7% during the 4th quarter. Aubrey Capital Management Ltd now owns 216,700 shares of the Internet company based in Singapore’s stock worth $22,991,000 after acquiring an additional 34,205 shares in the last quarter. Finally, Coronation Fund Managers Ltd. raised its stake in SEA by 7.1% during the 4th quarter. Coronation Fund Managers Ltd. now owns 1,050,935 shares of the Internet company based in Singapore’s stock worth $111,504,000 after acquiring an additional 69,817 shares in the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.

SEA Stock Up 1.2 %

Shares of NYSE SE opened at $134.72 on Friday. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. Sea Limited has a 52 week low of $43.10 and a 52 week high of $135.06. The firm has a 50-day moving average price of $115.44 and a 200 day moving average price of $99.53. The stock has a market capitalization of $77.10 billion, a price-to-earnings ratio of 898.11 and a beta of 1.55.

SEA (NYSE:SE) last announced its quarterly earnings data on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 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 last year, the business earned ($0.26) EPS. The firm’s revenue for the quarter was up 30.8% on a year-over-year basis. Equities research analysts anticipate that Sea Limited will post 0.8 EPS for the current fiscal year.

Analysts Set New Price Targets

SE has been the topic of several research reports. Benchmark raised their price objective on shares of SEA from $94.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Phillip Securities reissued a “reduce” rating and set a $100.00 price objective (up from $80.00) on shares of SEA in a research report on Tuesday, November 19th. TD Cowen raised their price objective on shares of SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a research report on Wednesday, November 13th. Wedbush reissued an “outperform” rating and set a $105.00 price objective (up from $84.00) on shares of SEA in a research report on Monday, November 4th. Finally, Dbs Bank raised shares of SEA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $91.21.

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.