Sea Limited (NYSE:SE) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lowered its holdings in Sea Limited (NYSE:SE) by 1.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 869,753 shares of the Internet company based in Singapore’s stock after selling 15,120 shares during the period. Vanguard Group Inc.’s holdings in SEA were worth $92,281,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in SE. Farther Finance Advisors LLC grew its position in SEA by 43.8% in the fourth quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore’s stock worth $39,000 after buying an additional 112 shares during the last quarter. SOA Wealth Advisors LLC. boosted its stake in shares of SEA by 33.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore’s stock worth $57,000 after acquiring an additional 150 shares in the last quarter. TD Private Client Wealth LLC grew its holdings in shares of SEA by 33.7% in the 3rd quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore’s stock worth $57,000 after acquiring an additional 152 shares during the last quarter. Ballentine Partners LLC raised its position in shares of SEA by 5.6% during the fourth quarter. Ballentine Partners LLC now owns 2,970 shares of the Internet company based in Singapore’s stock worth $315,000 after purchasing an additional 158 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of SEA by 2.6% during the third quarter. Integrated Wealth Concepts LLC now owns 6,357 shares of the Internet company based in Singapore’s stock valued at $599,000 after purchasing an additional 160 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on SE. Barclays lifted their price target on SEA from $148.00 to $182.00 and gave the stock an “overweight” rating in a research note on Friday, March 7th. Sanford C. Bernstein set a $145.00 price target on shares of SEA and gave the company an “outperform” rating in a report on Wednesday, March 5th. Arete Research raised shares of SEA to a “strong-buy” rating in a research note on Sunday, March 23rd. Phillip Securities raised shares of SEA from a “moderate sell” rating to a “hold” rating in a research note on Friday, March 7th. Finally, UBS Group increased their target price on SEA from $135.00 to $176.00 and gave the company a “buy” rating in a report on Friday, March 7th. Three research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $121.40.

SEA Price Performance

Shares of NYSE:SE opened at $119.17 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. The stock has a market capitalization of $68.21 billion, a P/E ratio of 794.47 and a beta of 1.73. The business has a 50-day moving average of $127.10 and a two-hundred day moving average of $113.75. Sea Limited has a fifty-two week low of $51.70 and a fifty-two week high of $147.73.

SEA Company 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.