Andra AP fonden Has $11.44 Million Stock Position in Sea Limited (NYSE:SE)

Andra AP fonden boosted its position in Sea Limited (NYSE:SE) by 23.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 107,800 shares of the Internet company based in Singapore’s stock after purchasing an additional 20,600 shares during the quarter. Andra AP fonden’s holdings in SEA were worth $11,438,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Greenwoods Asset Management Hong Kong Ltd. increased its holdings in SEA by 145.7% in the 4th quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 212,569 shares of the Internet company based in Singapore’s stock worth $22,554,000 after purchasing an additional 126,069 shares in the last quarter. Callan Family Office LLC acquired a new stake in shares of SEA in the fourth quarter valued at about $254,000. Lindbrook Capital LLC increased its stake in shares of SEA by 17.8% in the fourth quarter. Lindbrook Capital LLC now owns 1,594 shares of the Internet company based in Singapore’s stock valued at $169,000 after buying an additional 241 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of SEA in the fourth quarter valued at about $19,247,000. Finally, Aigen Investment Management LP acquired a new stake in shares of SEA in the fourth quarter valued at about $1,190,000. Institutional investors and hedge funds own 59.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Benchmark increased their price target on SEA from $130.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday. TD Cowen increased their price target on SEA from $69.00 to $100.00 and gave the company a “hold” rating in a research note on Wednesday, November 13th. Jefferies Financial Group increased their price target on SEA from $131.00 to $157.00 and gave the company a “buy” rating in a research note on Tuesday. Dbs Bank raised SEA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 13th. Finally, Phillip Securities restated a “reduce” rating and set a $100.00 target price (up previously from $80.00) on shares of SEA in a research report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, two have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $111.67.

SEA Trading Down 2.3 %

Shares of SEA stock opened at $135.93 on Friday. 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 52 week low of $51.70 and a 52 week high of $147.73. The stock has a 50 day moving average price of $120.72 and a two-hundred day moving average price of $105.81. The stock has a market capitalization of $77.80 billion, a PE ratio of 906.18 and a beta of 1.55.

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.