Sea Limited (NYSE:SE) Shares Sold by Investment House LLC

Investment House LLC lowered its position in Sea Limited (NYSE:SE) by 0.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,893 shares of the Internet company based in Singapore’s stock after selling 267 shares during the quarter. Investment House LLC’s holdings in SEA were worth $13,994,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Baillie Gifford & Co. lifted its holdings in SEA by 3.5% in the 4th 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 increased its position in shares of SEA by 22.8% in the 4th 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 purchasing an additional 4,761,289 shares during the last quarter. Geode Capital Management LLC grew its position in shares of SEA by 4.2% during the 3rd quarter. Geode Capital Management LLC now owns 3,059,521 shares of the Internet company based in Singapore’s stock valued at $283,543,000 after buying an additional 124,433 shares during the last quarter. William Blair Investment Management LLC grew its position in shares of SEA by 32.5% during the 4th quarter. William Blair Investment Management LLC now owns 2,233,158 shares of the Internet company based in Singapore’s stock valued at $236,928,000 after buying an additional 547,509 shares during the last quarter. Finally, Perpetual Ltd grew its position in shares of SEA by 3,033.0% during the 4th quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore’s stock valued at $222,598,000 after buying an additional 2,031,038 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on SE. Sanford C. Bernstein set a $145.00 price objective on shares of SEA and gave the company an “outperform” rating in a research report on Wednesday, March 5th. Jefferies Financial Group boosted their price objective on shares of SEA from $131.00 to $157.00 and gave the company a “buy” rating in a research report on Tuesday, March 4th. JPMorgan Chase & Co. boosted their price objective on shares of SEA from $133.00 to $160.00 and gave the company an “overweight” rating in a research report on Wednesday, March 5th. Barclays upped their target price on shares of SEA from $148.00 to $182.00 and gave the stock an “overweight” rating in a research report on Friday, March 7th. Finally, Phillip Securities upgraded shares of SEA from a “moderate sell” rating to a “hold” rating in a research report on Friday, March 7th. Three equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $116.67.

SEA Stock Down 5.6 %

SE stock opened at $125.17 on Wednesday. Sea Limited has a 12 month low of $51.70 and a 12 month high of $147.73. The firm has a market cap of $71.64 billion, a PE ratio of 834.47 and a beta of 1.61. The firm has a 50 day simple moving average of $124.24 and a 200 day simple moving average of $108.83. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60.

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.