GUARDCAP ASSET MANAGEMENT Ltd Has $679,000 Position in Sea Limited (NYSE:SE)

GUARDCAP ASSET MANAGEMENT Ltd decreased its position in shares of Sea Limited (NYSE:SE) by 5.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 6,395 shares of the Internet company based in Singapore’s stock after selling 400 shares during the period. SEA makes up about 0.0% of GUARDCAP ASSET MANAGEMENT Ltd’s portfolio, making the stock its 26th biggest holding. GUARDCAP ASSET MANAGEMENT Ltd’s holdings in SEA were worth $679,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Private Trust Co. NA lifted its stake in SEA by 474.4% during the fourth quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore’s stock worth $26,000 after purchasing an additional 204 shares during the last quarter. Kestra Investment Management LLC acquired a new position in shares of SEA during the 4th quarter worth $34,000. Farther Finance Advisors LLC lifted its position in shares of SEA by 43.8% during the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore’s stock worth $39,000 after buying an additional 112 shares during the last quarter. Truvestments Capital LLC acquired a new stake in SEA in the third quarter valued at about $41,000. Finally, Icon Wealth Advisors LLC acquired a new position in SEA during the third quarter worth about $47,000. 59.53% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. increased their price target on SEA from $133.00 to $160.00 and gave the company an “overweight” rating in a research note on Wednesday, March 5th. Jefferies Financial Group upped their price objective on SEA from $131.00 to $157.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th. Barclays raised their price objective on shares of SEA from $148.00 to $182.00 and gave the company an “overweight” rating in a report on Friday, March 7th. Phillip Securities raised shares of SEA from a “moderate sell” rating to a “hold” rating in a report on Friday, March 7th. Finally, UBS Group raised their price target on shares of SEA from $135.00 to $176.00 and gave the company a “buy” rating in a research note on Friday, March 7th. Three analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $116.67.

SEA Stock Performance

Shares of SE opened at $126.01 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. The firm’s fifty day simple moving average is $125.30 and its two-hundred day simple moving average is $109.63. Sea Limited has a 12 month low of $51.70 and a 12 month high of $147.73. The stock has a market capitalization of $72.12 billion, a P/E ratio of 840.04 and a beta of 1.61.

SEA Company 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.