Banque Cantonale Vaudoise Has $2.93 Million Holdings in Sea Limited (NYSE:SE)

Banque Cantonale Vaudoise boosted its holdings in shares of Sea Limited (NYSE:SE) by 15.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 31,032 shares of the Internet company based in Singapore’s stock after purchasing an additional 4,037 shares during the period. Banque Cantonale Vaudoise’s holdings in SEA were worth $2,926,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Baillie Gifford & Co. raised its stake in shares of SEA by 15.5% in the 3rd quarter. Baillie Gifford & Co. now owns 39,564,018 shares of the Internet company based in Singapore’s stock valued at $3,730,096,000 after purchasing an additional 5,295,590 shares during the period. WCM Investment Management LLC raised its position in SEA by 35.9% in the 3rd 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 buying an additional 5,517,559 shares during the last quarter. Kaizen Investment Management Pte. Ltd. bought a new stake in SEA in the 3rd quarter valued at approximately $587,544,000. Kora Management LP boosted its position in SEA by 9.4% during the 1st quarter. Kora Management LP now owns 4,637,500 shares of the Internet company based in Singapore’s stock worth $249,080,000 after acquiring an additional 400,000 shares during the last quarter. Finally, Eminence Capital LP grew its stake in shares of SEA by 45.2% during the 2nd quarter. Eminence Capital LP now owns 4,522,441 shares of the Internet company based in Singapore’s stock worth $322,993,000 after acquiring an additional 1,408,314 shares in the last quarter. 59.53% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently commented on SE shares. Bank of America boosted their price objective on shares of SEA from $84.00 to $96.00 and gave the stock a “buy” rating in a research report on Monday, September 23rd. Dbs Bank raised shares of SEA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 13th. Benchmark increased their price objective on shares of SEA from $94.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Wedbush reaffirmed an “outperform” rating and issued a $105.00 target price (up previously from $84.00) on shares of SEA in a research report on Monday, November 4th. Finally, TD Cowen increased their price target on SEA from $69.00 to $100.00 and gave the company a “hold” rating in a research report on Wednesday, November 13th. One research 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 stock. Based on data from MarketBeat, SEA presently has an average rating of “Moderate Buy” and an average target price of $91.21.

SEA Stock Up 4.6 %

SE stock opened at $113.68 on Wednesday. The business’s 50 day simple moving average is $95.29 and its 200 day simple moving average is $80.19. Sea Limited has a 1-year low of $34.35 and a 1-year high of $117.52. The firm has a market capitalization of $65.06 billion, a PE ratio of 757.87 and a beta of 1.52. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36.

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

SEA Company Profile

Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally. It offers Garena digital entertainment platform for users to access mobile and PC online games, as well as promotes eSports operations.