Capital Advisors Inc. OK Grows Position in Sea Limited (NYSE:SE)

Capital Advisors Inc. OK boosted its stake in shares of Sea Limited (NYSE:SE) by 34.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 256,722 shares of the Internet company based in Singapore’s stock after purchasing an additional 65,868 shares during the period. Capital Advisors Inc. OK’s holdings in SEA were worth $27,238,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. WCM Investment Management LLC lifted its position in SEA by 35.9% during 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 lifted its position in SEA by 3,033.0% during the fourth quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore’s stock valued at $222,598,000 after purchasing an additional 2,031,038 shares in the last quarter. Ninety One UK Ltd lifted its position in shares of SEA by 1,673.2% in the fourth quarter. Ninety One UK Ltd now owns 1,243,888 shares of the Internet company based in Singapore’s stock valued at $131,977,000 after acquiring an additional 1,173,738 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in shares of SEA by 1.8% in the third quarter. Robeco Institutional Asset Management B.V. now owns 404,096 shares of the Internet company based in Singapore’s stock valued at $38,098,000 after acquiring an additional 7,175 shares in the last quarter. Finally, M&T Bank Corp lifted its position in shares of SEA by 2,163.9% in the third quarter. M&T Bank Corp now owns 74,505 shares of the Internet company based in Singapore’s stock valued at $7,024,000 after acquiring an additional 71,214 shares in the last quarter. 59.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SE has been the topic of several research analyst reports. Dbs Bank upgraded SEA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 13th. Phillip Securities restated a “reduce” rating and issued a $100.00 price objective (up from $80.00) on shares of SEA in a research report on Tuesday, November 19th. TD Cowen boosted their price objective on SEA from $69.00 to $100.00 and gave the company a “hold” rating in a research report on Wednesday, November 13th. Barclays boosted their price objective on SEA from $94.00 to $131.00 and gave the company an “overweight” rating in a research report on Thursday, November 14th. Finally, Wedbush restated an “outperform” rating and issued a $105.00 price objective (up from $84.00) on shares of SEA in a research report on Monday, November 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $91.21.

SEA Trading Up 3.6 %

Shares of NYSE SE opened at $129.77 on Wednesday. The business’s 50 day moving average is $114.49 and its two-hundred day moving average is $98.59. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. Sea Limited has a 1-year low of $41.60 and a 1-year high of $129.90. The stock has a market capitalization of $74.27 billion, a P/E ratio of 865.14 and a beta of 1.55.

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). SEA had a return on equity of 1.40% and a net margin of 0.64%. The company had revenue of $4.33 billion for the quarter, compared to the consensus estimate of $4.09 billion. During the same period in the previous year, the firm earned ($0.26) earnings per share. The company’s revenue was up 30.8% compared to the same quarter last year. As a group, research analysts expect that Sea Limited will post 0.8 EPS for the current year.

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.