Brokerages Set Sea Limited (NYSE:SE) PT at $111.67

Shares of Sea Limited (NYSE:SE) have received a consensus rating of “Moderate Buy” from the fifteen analysts that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $116.67.

Several analysts recently commented on SE shares. Phillip Securities raised SEA from a “moderate sell” rating to a “hold” rating in a research note on Friday, March 7th. Sanford C. Bernstein set a $145.00 price target on SEA and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. JPMorgan Chase & Co. raised their price target on SEA from $133.00 to $160.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 5th. Barclays raised their price target on SEA from $148.00 to $182.00 and gave the stock an “overweight” rating in a research report on Friday, March 7th. Finally, Jefferies Financial Group raised their price target on SEA from $131.00 to $157.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. WCM Investment Management LLC grew its stake in SEA by 35.9% in the third quarter. WCM Investment Management LLC now owns 20,902,378 shares of the Internet company based in Singapore’s stock valued at $1,971,303,000 after purchasing an additional 5,517,559 shares in the last quarter. Perpetual Ltd boosted its stake in shares of SEA by 3,033.0% during 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. Ninety One UK Ltd boosted its stake in shares of SEA by 1,673.2% during the 4th quarter. Ninety One UK Ltd now owns 1,243,888 shares of the Internet company based in Singapore’s stock worth $131,977,000 after acquiring an additional 1,173,738 shares during the period. M&T Bank Corp boosted its stake in shares of SEA by 2,163.9% during the 3rd quarter. M&T Bank Corp now owns 74,505 shares of the Internet company based in Singapore’s stock worth $7,024,000 after acquiring an additional 71,214 shares during the period. Finally, Atria Investments Inc boosted its stake in shares of SEA by 262.5% during the 3rd quarter. Atria Investments Inc now owns 14,621 shares of the Internet company based in Singapore’s stock worth $1,378,000 after acquiring an additional 10,588 shares during the period. 59.53% of the stock is currently owned by institutional investors.

SEA Price Performance

SE opened at $127.24 on Monday. The company has a fifty day moving average price of $123.38 and a two-hundred day moving average price of $108.11. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. SEA has a 52 week low of $51.70 and a 52 week high of $147.73. The firm has a market capitalization of $72.83 billion, a PE ratio of 848.29 and a beta 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.