Sea Limited (NYSE:SE) Holdings Raised by Aubrey Capital Management Ltd

Aubrey Capital Management Ltd lifted its holdings in shares of Sea Limited (NYSE:SE) by 18.7% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 216,700 shares of the Internet company based in Singapore’s stock after acquiring an additional 34,205 shares during the period. SEA makes up approximately 8.7% of Aubrey Capital Management Ltd’s investment portfolio, making the stock its 3rd largest holding. Aubrey Capital Management Ltd’s holdings in SEA were worth $22,991,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Rosenberg Matthew Hamilton lifted its holdings 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 purchasing an additional 203 shares during the period. Truvestments Capital LLC acquired a new stake in shares of SEA during the third quarter worth about $41,000. Icon Wealth Advisors LLC acquired a new stake in shares of SEA during the third quarter worth about $47,000. Geneos Wealth Management Inc. lifted its holdings in shares of SEA by 4,663.6% during the fourth 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 during the period. Finally, TD Private Client Wealth LLC lifted its holdings in shares of SEA by 33.7% during the third quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore’s stock worth $57,000 after purchasing an additional 152 shares during the period. Hedge funds and other institutional investors own 59.53% of the company’s stock.

SEA Stock Up 0.3 %

Shares of SE opened at $123.00 on Monday. 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 Limited has a one year low of $41.60 and a one year high of $126.35. The stock has a market capitalization of $70.40 billion, a price-to-earnings ratio of 820.01 and a beta of 1.55. The stock has a 50 day moving average price of $113.97 and a 200 day moving average price of $97.70.

SEA (NYSE:SE) last issued its quarterly earnings results on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.35). SEA had a return on equity of 1.40% and a net margin of 0.64%. The firm had revenue of $4.33 billion for the quarter, compared to analysts’ expectations of $4.09 billion. During the same quarter in the previous year, the firm posted ($0.26) earnings per share. The firm’s revenue for the quarter was up 30.8% compared to the same quarter last year. Equities research analysts forecast that Sea Limited will post 0.8 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Benchmark boosted their price target on SEA from $94.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Phillip Securities reissued a “reduce” rating and issued a $100.00 price target (up from $80.00) on shares of SEA in a report on Tuesday, November 19th. TD Cowen boosted their price target on SEA from $69.00 to $100.00 and gave the company a “hold” rating in a report on Wednesday, November 13th. Dbs Bank raised SEA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 13th. Finally, Wedbush reissued an “outperform” rating and issued a $105.00 price target (up from $84.00) on shares of SEA in a report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, SEA presently has a consensus rating of “Moderate Buy” and a consensus price target of $91.21.

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.