Sea Limited (NYSE:SE) Shares Bought by American Century Companies Inc.

American Century Companies Inc. lifted its position in shares of Sea Limited (NYSE:SE) by 461.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 151,531 shares of the Internet company based in Singapore’s stock after acquiring an additional 124,540 shares during the period. American Century Companies Inc.’s holdings in SEA were worth $16,077,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Baillie Gifford & Co. boosted its position in SEA by 3.5% during 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 acquiring an additional 1,390,531 shares during the period. WCM Investment Management LLC lifted its holdings in SEA by 22.8% in 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 purchasing an additional 4,761,289 shares during the period. Geode Capital Management LLC grew its position in SEA by 4.2% in 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 in the last quarter. William Blair Investment Management LLC raised 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 worth $236,928,000 after buying an additional 547,509 shares in the last quarter. Finally, Perpetual Ltd lifted its stake in shares of SEA by 3,033.0% in the 4th quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore’s stock worth $222,598,000 after acquiring an additional 2,031,038 shares during the period. Institutional investors and hedge funds own 59.53% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on SE shares. Loop Capital boosted their target price on SEA from $135.00 to $165.00 and gave the stock a “buy” rating in a report on Monday. Barclays upped their price objective on SEA from $148.00 to $182.00 and gave the company an “overweight” rating in a report on Friday, March 7th. UBS Group lifted their target price on SEA from $135.00 to $176.00 and gave the stock a “buy” rating in a report on Friday, March 7th. Arete Research raised shares of SEA to a “strong-buy” rating in a report on Sunday, March 23rd. Finally, Jefferies Financial Group lifted their price objective on shares of SEA from $131.00 to $157.00 and gave the stock a “buy” rating in a research note on Tuesday, March 4th. Three 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $121.40.

SEA Price Performance

SE opened at $130.41 on Tuesday. The firm has a market capitalization of $74.64 billion, a P/E ratio of 869.40 and a beta of 1.62. The stock has a fifty day moving average of $127.59 and a 200-day moving average of $112.08. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. Sea Limited has a 12-month low of $51.70 and a 12-month high of $147.73.

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.