Vanguard Personalized Indexing Management LLC Purchases 1,411 Shares of Sea Limited (NYSE:SE)

Vanguard Personalized Indexing Management LLC raised its position in shares of Sea Limited (NYSE:SE) by 24.0% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,292 shares of the Internet company based in Singapore’s stock after acquiring an additional 1,411 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in SEA were worth $631,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Advisors Asset Management Inc. increased its position in SEA by 13.2% during the first quarter. Advisors Asset Management Inc. now owns 1,312 shares of the Internet company based in Singapore’s stock valued at $157,000 after acquiring an additional 153 shares during the last quarter. Valeo Financial Advisors LLC grew its holdings in shares of SEA by 3.9% in the first quarter. Valeo Financial Advisors LLC now owns 4,209 shares of the Internet company based in Singapore’s stock worth $364,000 after purchasing an additional 157 shares during the last quarter. Glassman Wealth Services grew its holdings in shares of SEA by 120.1% in the first quarter. Glassman Wealth Services now owns 306 shares of the Internet company based in Singapore’s stock worth $26,000 after purchasing an additional 167 shares during the last quarter. Mackenzie Financial Corp grew its holdings in shares of SEA by 0.9% in the first quarter. Mackenzie Financial Corp now owns 18,684 shares of the Internet company based in Singapore’s stock worth $1,617,000 after purchasing an additional 174 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of SEA by 1.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 10,613 shares of the Internet company based in Singapore’s stock worth $552,000 after purchasing an additional 178 shares during the last quarter. Institutional investors own 73.73% of the company’s stock.

Analyst Upgrades and Downgrades

SE has been the topic of a number of research analyst reports. CICC Research cut shares of SEA from an “outperform” rating to a “market perform” rating in a report on Friday, August 18th. HSBC upped their price target on shares of SEA from $92.00 to $94.00 in a report on Wednesday, May 17th. Sanford C. Bernstein cut their price target on shares of SEA from $90.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday, August 16th. KGI Securities cut shares of SEA from an “outperform” rating to a “neutral” rating and set a $42.00 price target on the stock. in a report on Thursday. Finally, TD Cowen dropped their target price on shares of SEA from $65.00 to $46.00 and set a “market perform” rating on the stock in a report on Tuesday, August 22nd. Nine investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $72.50.

SEA Stock Performance

SE stock opened at $36.17 on Friday. The firm has a market cap of $20.43 billion, a price-to-earnings ratio of 92.74 and a beta of 1.68. The firm has a 50-day simple moving average of $55.87 and a two-hundred day simple moving average of $66.94. Sea Limited has a one year low of $34.87 and a one year high of $88.84. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.73 and a current ratio of 1.75.

SEA (NYSE:SE) last released its quarterly earnings results on Tuesday, August 15th. The Internet company based in Singapore reported $0.54 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.11). The firm had revenue of $3.10 billion for the quarter, compared to analysts’ expectations of $3.26 billion. SEA had a net margin of 2.17% and a return on equity of 4.69%. The business’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the company posted ($1.35) earnings per share. On average, equities analysts forecast that Sea Limited will post 1.26 EPS for the current fiscal year.

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 eSports operations.