323 Shares in Sea Limited (NYSE:SE) Purchased by Kestra Investment Management LLC

Kestra Investment Management LLC acquired a new position in shares of Sea Limited (NYSE:SE) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 323 shares of the Internet company based in Singapore’s stock, valued at approximately $34,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Baillie Gifford & Co. boosted its holdings in SEA by 3.5% during the fourth quarter. Baillie Gifford & Co. now owns 40,954,549 shares of the Internet company based in Singapore’s stock worth $4,345,278,000 after buying an additional 1,390,531 shares in the last quarter. WCM Investment Management LLC boosted its holdings in SEA by 22.8% during the fourth quarter. WCM Investment Management LLC now owns 25,663,667 shares of the Internet company based in Singapore’s stock worth $2,758,331,000 after buying an additional 4,761,289 shares in the last quarter. Geode Capital Management LLC boosted its holdings in SEA by 4.2% during the third quarter. Geode Capital Management LLC now owns 3,059,521 shares of the Internet company based in Singapore’s stock worth $283,543,000 after buying an additional 124,433 shares in the last quarter. Perpetual Ltd boosted its holdings in SEA by 3,033.0% during the fourth quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore’s stock worth $222,598,000 after buying an additional 2,031,038 shares in the last quarter. Finally, CoreView Capital Management Ltd boosted its holdings in SEA by 341.1% during the third quarter. CoreView Capital Management Ltd now owns 1,996,376 shares of the Internet company based in Singapore’s stock worth $188,218,000 after buying an additional 1,543,743 shares in the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Dbs Bank raised shares of SEA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 13th. TD Cowen increased their price target on shares of SEA from $69.00 to $100.00 and gave the company a “hold” rating in a research report on Wednesday, November 13th. Wedbush reiterated an “outperform” rating and issued a $105.00 price target (up from $84.00) on shares of SEA in a research report on Monday, November 4th. Barclays increased their price target on shares of SEA from $94.00 to $131.00 and gave the company an “overweight” rating in a research report on Thursday, November 14th. Finally, Phillip Securities reiterated a “reduce” rating and issued a $100.00 price target (up from $80.00) on shares of SEA in a research report on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, SEA presently has an average rating of “Moderate Buy” and an average target price of $91.21.

SEA Stock Down 3.1 %

Shares of NYSE SE opened at $128.70 on Friday. Sea Limited has a 1 year low of $43.27 and a 1 year high of $139.18. The firm’s 50 day moving average price is $117.34 and its 200 day moving average price is $102.29. The firm has a market cap of $73.66 billion, a P/E ratio of 858.00 and a beta of 1.55. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62.

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.