Sea Limited Sponsored ADR $SE Shares Purchased by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. increased its holdings in Sea Limited Sponsored ADR (NYSE:SE) by 309.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 2,146 shares of the Internet company based in Singapore’s stock after buying an additional 1,622 shares during the period. Geneos Wealth Management Inc.’s holdings in SEA were worth $280,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of SE. MAI Capital Management lifted its holdings in shares of SEA by 7.3% in the 1st quarter. MAI Capital Management now owns 1,198 shares of the Internet company based in Singapore’s stock worth $156,000 after purchasing an additional 82 shares during the last quarter. Pacer Advisors Inc. increased its position in SEA by 2.9% in the first quarter. Pacer Advisors Inc. now owns 3,082 shares of the Internet company based in Singapore’s stock worth $402,000 after buying an additional 87 shares during the period. State of Wyoming lifted its stake in SEA by 3.1% in the fourth quarter. State of Wyoming now owns 3,010 shares of the Internet company based in Singapore’s stock valued at $319,000 after buying an additional 90 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of SEA by 4.8% during the first quarter. Blue Trust Inc. now owns 2,043 shares of the Internet company based in Singapore’s stock valued at $267,000 after acquiring an additional 93 shares during the period. Finally, SOA Wealth Advisors LLC. grew its position in shares of SEA by 13.3% during the first quarter. SOA Wealth Advisors LLC. now owns 850 shares of the Internet company based in Singapore’s stock worth $111,000 after acquiring an additional 100 shares during the last quarter. Institutional investors own 59.53% of the company’s stock.

SEA Price Performance

Shares of NYSE SE opened at $190.62 on Tuesday. The firm has a 50-day moving average of $169.94 and a two-hundred day moving average of $151.21. The company has a market capitalization of $112.30 billion, a price-to-earnings ratio of 98.77 and a beta of 1.53. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 0.16. Sea Limited Sponsored ADR has a twelve month low of $78.51 and a twelve month high of $199.30.

SEA (NYSE:SE) last posted its quarterly earnings results on Tuesday, August 12th. The Internet company based in Singapore reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by ($0.38). SEA had a return on equity of 13.66% and a net margin of 6.23%.The business had revenue of $5.26 billion during the quarter, compared to analyst estimates of $5 billion. During the same quarter last year, the firm posted $0.14 EPS. The company’s quarterly revenue was up 38.2% compared to the same quarter last year. As a group, analysts expect that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have commented on SE. Loop Capital restated a “buy” rating and issued a $190.00 target price (up previously from $165.00) on shares of SEA in a research report on Thursday, May 29th. Benchmark increased their price objective on SEA from $180.00 to $205.00 and gave the stock a “buy” rating in a report on Wednesday, August 13th. Barclays lifted their target price on SEA from $200.00 to $214.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. Arete Research cut SEA from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Finally, Macquarie reissued an “outperform” rating and set a $219.90 price target (up from $178.20) on shares of SEA in a report on Tuesday, August 12th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $176.85.

About SEA

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.