Sea Limited (NYSE:SE) Stock Holdings Decreased by Captrust Financial Advisors

Captrust Financial Advisors lessened its position in Sea Limited (NYSE:SE) by 12.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 27,486 shares of the Internet company based in Singapore’s stock after selling 3,910 shares during the quarter. Captrust Financial Advisors’ holdings in SEA were worth $2,916,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in SEA during the 4th quarter valued at about $1,493,682,000. WCM Investment Management LLC boosted its holdings in shares of SEA by 22.8% during 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. Perpetual Ltd grew its position in SEA by 3,033.0% during the fourth quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore’s stock valued at $222,598,000 after purchasing an additional 2,031,038 shares in the last quarter. Baillie Gifford & Co. increased its stake 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 valued at $4,345,278,000 after buying an additional 1,390,531 shares during the period. Finally, Capital Research Global Investors lifted its position in SEA by 19.5% in the 4th quarter. Capital Research Global Investors now owns 8,126,064 shares of the Internet company based in Singapore’s stock worth $862,175,000 after buying an additional 1,325,183 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on SE shares. Barclays upped their price target on shares of SEA from $148.00 to $182.00 and gave the stock an “overweight” rating in a research note on Friday, March 7th. UBS Group raised their price target on SEA from $135.00 to $176.00 and gave the stock a “buy” rating in a research note on Friday, March 7th. Arete Research raised 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 report on Friday, March 7th. Finally, Benchmark boosted their target price on shares of SEA from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, March 5th. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $130.00.

SEA Price Performance

NYSE SE opened at $139.18 on Friday. The stock has a 50-day simple moving average of $127.18 and a 200 day simple moving average of $118.62. Sea Limited has a twelve month low of $55.00 and a twelve month high of $147.73. The stock has a market capitalization of $81.99 billion, a PE ratio of 927.87 and a beta of 1.70. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62.

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.