Bank Julius Baer & Co. Ltd Zurich Purchases Shares of 13,339 Sea Limited (NYSE:SE)

Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Sea Limited (NYSE:SE) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 13,339 shares of the Internet company based in Singapore’s stock, valued at approximately $1,562,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SE. Private Trust Co. NA increased its holdings in shares of SEA by 474.4% during the 4th quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore’s stock worth $26,000 after buying an additional 204 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in shares of SEA during the 4th quarter worth $34,000. Truvestments Capital LLC acquired a new stake in shares of SEA during the 3rd quarter worth $41,000. Icon Wealth Advisors LLC acquired a new stake in shares of SEA during the 3rd quarter worth $47,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of SEA by 4,663.6% during the 4th quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore’s stock worth $56,000 after buying an additional 513 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.

SEA Stock Performance

NYSE:SE opened at $135.93 on Monday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. The firm has a 50-day moving average of $121.27 and a two-hundred day moving average of $106.53. The stock has a market cap of $77.80 billion, a P/E ratio of 906.18 and a beta of 1.62. Sea Limited has a 1-year low of $51.70 and a 1-year high of $147.73.

Analysts Set New Price Targets

A number of analysts have recently commented on SE shares. Barclays upped their price objective on SEA from $148.00 to $182.00 and gave the stock an “overweight” rating in a report on Friday. Benchmark increased their price target on SEA from $130.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, March 5th. Jefferies Financial Group increased their price target on SEA from $131.00 to $157.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Dbs Bank upgraded SEA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 13th. Finally, JPMorgan Chase & Co. increased their price target on SEA from $133.00 to $160.00 and gave the company an “overweight” rating in a report on Wednesday, March 5th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $111.67.

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.