Natixis Advisors LLC Raises Stock Holdings in Sea Limited (NYSE:SE)

Natixis Advisors LLC grew its stake in Sea Limited (NYSE:SE) by 52.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 391,904 shares of the Internet company based in Singapore’s stock after buying an additional 134,674 shares during the quarter. Natixis Advisors LLC owned approximately 0.07% of SEA worth $41,581,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. LBP AM SA grew its position in shares of SEA by 12.8% during the fourth quarter. LBP AM SA now owns 10,600 shares of the Internet company based in Singapore’s stock worth $1,125,000 after purchasing an additional 1,200 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of SEA by 46.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 18,664 shares of the Internet company based in Singapore’s stock worth $1,980,000 after purchasing an additional 5,918 shares in the last quarter. Skandinaviska Enskilda Banken AB publ grew its position in shares of SEA by 20.9% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 60,821 shares of the Internet company based in Singapore’s stock worth $6,537,000 after purchasing an additional 10,500 shares in the last quarter. Vestcor Inc grew its position in shares of SEA by 9.2% during the fourth quarter. Vestcor Inc now owns 5,530 shares of the Internet company based in Singapore’s stock worth $587,000 after purchasing an additional 467 shares in the last quarter. Finally, Avantax Advisory Services Inc. grew its position in shares of SEA by 12.0% during the fourth quarter. Avantax Advisory Services Inc. now owns 20,279 shares of the Internet company based in Singapore’s stock worth $2,152,000 after purchasing an additional 2,166 shares in the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.

SEA Price Performance

Shares of SE stock opened at $127.24 on Monday. Sea Limited has a 52-week low of $51.70 and a 52-week high of $147.73. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. The firm has a market capitalization of $72.83 billion, a P/E ratio of 848.29 and a beta of 1.62. The stock has a 50 day moving average price of $123.38 and a 200 day moving average price of $108.11.

Analyst Ratings Changes

A number of equities analysts 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. Barclays increased their price target on SEA from $148.00 to $182.00 and gave the company an “overweight” rating in a research note on Friday, March 7th. 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, 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 research note on Tuesday, March 4th. Finally, Sanford C. Bernstein set a $145.00 price target on SEA and gave the company an “outperform” rating in a research note on Wednesday, March 5th. Three equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $116.67.

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.