Banque Cantonale Vaudoise grew its position in Sea Limited (NYSE:SE – Get Rating) by 33.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 35,192 shares of the Internet company based in Singapore’s stock after buying an additional 8,814 shares during the period. Banque Cantonale Vaudoise’s holdings in SEA were worth $1,831,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of SEA by 107.1% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 580 shares of the Internet company based in Singapore’s stock valued at $30,000 after buying an additional 300 shares in the last quarter. Tradition Wealth Management LLC raised its position in shares of SEA by 50.4% in the 4th quarter. Tradition Wealth Management LLC now owns 812 shares of the Internet company based in Singapore’s stock valued at $42,000 after purchasing an additional 272 shares during the last quarter. CWM LLC raised its position in shares of SEA by 26.3% in the 4th quarter. CWM LLC now owns 1,053 shares of the Internet company based in Singapore’s stock valued at $55,000 after purchasing an additional 219 shares during the last quarter. IFP Advisors Inc raised its position in shares of SEA by 56.3% in the 3rd quarter. IFP Advisors Inc now owns 2,247 shares of the Internet company based in Singapore’s stock valued at $62,000 after purchasing an additional 809 shares during the last quarter. Finally, Laffer Tengler Investments purchased a new position in shares of SEA in the 1st quarter valued at approximately $66,000. 74.92% of the stock is currently owned by institutional investors.
SEA Stock Down 5.3 %
Shares of SEA stock opened at $64.36 on Wednesday. The company has a market cap of $36.35 billion, a P/E ratio of -35.36 and a beta of 1.70. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.85 and a current ratio of 1.87. Sea Limited has a one year low of $40.67 and a one year high of $93.70. The firm has a fifty day moving average of $79.84 and a two-hundred day moving average of $67.17.
SEA (NYSE:SE – Get Rating) last released its quarterly earnings results on Tuesday, May 16th. The Internet company based in Singapore reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.49). SEA had a negative return on equity of 14.44% and a negative net margin of 7.83%. The firm had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.04 billion. During the same period in the prior year, the business earned ($1.04) earnings per share. SEA’s revenue for the quarter was up 4.9% on a year-over-year basis. On average, analysts forecast that Sea Limited will post 1.75 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on the stock. HSBC increased their price objective on shares of SEA from $92.00 to $94.00 in a research report on Wednesday, May 17th. Bank of America reduced their price target on shares of SEA from $92.00 to $90.00 in a research report on Wednesday, May 17th. Sanford C. Bernstein raised their price target on shares of SEA from $80.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 22nd. Citigroup raised their price target on shares of SEA from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, March 8th. Finally, Loop Capital raised their price target on shares of SEA from $62.00 to $88.00 and gave the stock a “hold” rating in a research report on Thursday, April 13th. Seven investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $90.88.
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.
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