Sea Limited (NYSE:SE) Stock Holdings Boosted by Capital International Sarl

Capital International Sarl increased its position in Sea Limited (NYSE:SEGet Rating) by 43.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,699 shares of the Internet company based in Singapore’s stock after buying an additional 19,772 shares during the quarter. Capital International Sarl’s holdings in SEA were worth $7,870,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SE. Dimensional Fund Advisors LP boosted its position in shares of SEA by 14.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,456 shares of the Internet company based in Singapore’s stock valued at $1,221,000 after purchasing an additional 679 shares during the period. Rafferty Asset Management LLC raised its stake in shares of SEA by 28.0% in the 4th quarter. Rafferty Asset Management LLC now owns 1,010 shares of the Internet company based in Singapore’s stock valued at $226,000 after acquiring an additional 221 shares in the last quarter. Stonegate Investment Group LLC bought a new position in shares of SEA in the 4th quarter valued at approximately $436,000. Public Employees Retirement Association of Colorado grew its holdings in SEA by 609.2% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 127,033 shares of the Internet company based in Singapore’s stock valued at $28,419,000 after buying an additional 109,121 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in SEA by 105.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 70,998 shares of the Internet company based in Singapore’s stock valued at $15,883,000 after buying an additional 36,498 shares during the last quarter. Institutional investors own 71.15% of the company’s stock.

SEA Stock Performance

NYSE SE opened at $62.88 on Thursday. Sea Limited has a 1 year low of $54.06 and a 1 year high of $372.70. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.92 and a quick ratio of 1.91. The firm has a market cap of $35.07 billion, a price-to-earnings ratio of -12.86 and a beta of 1.65. The company has a fifty day moving average price of $72.35 and a 200-day moving average price of $85.16.

SEA (NYSE:SEGet Rating) last posted its earnings results on Tuesday, August 16th. The Internet company based in Singapore reported ($1.35) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.18) by ($0.17). The firm had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $3.03 billion. SEA had a negative return on equity of 37.42% and a negative net margin of 22.97%. The business’s revenue was up 29.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.83) EPS. As a group, equities research analysts predict that Sea Limited will post -5.16 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on SE. Stifel Nicolaus dropped their target price on shares of SEA from $105.00 to $95.00 and set a “buy” rating for the company in a research report on Wednesday, August 17th. Daiwa Capital Markets lowered shares of SEA from a “buy” rating to a “neutral” rating in a research note on Wednesday, August 17th. Cowen cut their price target on shares of SEA from $133.00 to $115.00 in a research note on Wednesday, May 18th. Barclays cut their price target on shares of SEA from $125.00 to $114.00 and set an “overweight” rating on the stock in a research note on Thursday, August 18th. Finally, Citigroup decreased their price objective on SEA from $145.00 to $129.00 and set a “buy” rating for the company in a report on Wednesday, August 17th. Three investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $184.25.

About SEA

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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 eSports operations; and access to other entertainment content, including livestreaming of gameplay and social features, such as user chat and online forums.

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Institutional Ownership by Quarter for SEA (NYSE:SE)

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