Principal Securities Inc. Has $318,000 Stock Position in Sea Limited (NYSE:SE)

Principal Securities Inc. lifted its holdings in shares of Sea Limited (NYSE:SE) by 177.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,995 shares of the Internet company based in Singapore’s stock after buying an additional 1,915 shares during the period. Principal Securities Inc.’s holdings in SEA were worth $318,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of SE. Rosenberg Matthew Hamilton grew its stake in shares of SEA by 213.7% during the third quarter. Rosenberg Matthew Hamilton now owns 298 shares of the Internet company based in Singapore’s stock worth $28,000 after buying an additional 203 shares during the last quarter. Truvestments Capital LLC acquired a new stake in shares of SEA during the 3rd quarter valued at $41,000. Icon Wealth Advisors LLC bought a new stake in SEA during the 3rd quarter worth $47,000. Geneos Wealth Management Inc. increased its holdings in SEA by 4,663.6% in the 4th quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore’s stock worth $56,000 after purchasing an additional 513 shares in the last quarter. Finally, TD Private Client Wealth LLC raised its position in SEA by 33.7% in the third quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore’s stock valued at $57,000 after purchasing an additional 152 shares during the last quarter. 59.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on SE. Barclays boosted their price target on SEA from $94.00 to $131.00 and gave the stock an “overweight” rating in a report on Thursday, November 14th. Dbs Bank upgraded shares of SEA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 13th. TD Cowen lifted their target price on SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a report on Wednesday, November 13th. Phillip Securities restated a “reduce” rating and set a $100.00 price objective (up from $80.00) on shares of SEA in a research report on Tuesday, November 19th. Finally, Benchmark increased their target price on shares of SEA from $94.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, SEA currently has a consensus rating of “Moderate Buy” and a consensus target price of $91.21.

SEA Stock Down 3.1 %

Shares of NYSE SE opened at $128.70 on Friday. Sea Limited has a 12-month low of $43.27 and a 12-month high of $139.18. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. The firm has a market cap of $73.66 billion, a PE ratio of 858.00 and a beta of 1.55. The company’s fifty day simple moving average is $117.34 and its 200 day simple moving average is $102.29.

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.