Lbp Am Sa Has $1.13 Million Holdings in Sea Limited (NYSE:SE)

Lbp Am Sa raised its stake in Sea Limited (NYSE:SE) by 12.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,600 shares of the Internet company based in Singapore’s stock after purchasing an additional 1,200 shares during the period. Lbp Am Sa’s holdings in SEA were worth $1,125,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SE. Assetmark Inc. increased its position in shares of SEA by 24.7% during the third quarter. Assetmark Inc. now owns 1,427 shares of the Internet company based in Singapore’s stock valued at $135,000 after purchasing an additional 283 shares during the period. Atria Investments Inc boosted its stake in SEA by 262.5% during the third quarter. Atria Investments Inc now owns 14,621 shares of the Internet company based in Singapore’s stock worth $1,378,000 after buying an additional 10,588 shares in the last quarter. Metis Global Partners LLC bought a new stake in SEA in the 3rd quarter valued at $254,000. OneDigital Investment Advisors LLC raised its stake in shares of SEA by 45.7% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,190 shares of the Internet company based in Singapore’s stock valued at $584,000 after buying an additional 1,942 shares in the last quarter. Finally, CIBC Asset Management Inc lifted its holdings in shares of SEA by 6.6% during the 3rd quarter. CIBC Asset Management Inc now owns 35,699 shares of the Internet company based in Singapore’s stock worth $3,366,000 after acquiring an additional 2,206 shares during the period. 59.53% of the stock is currently owned by institutional investors and hedge funds.

SEA Trading Up 1.9 %

SE opened at $127.24 on Monday. Sea Limited has a fifty-two week low of $51.70 and a fifty-two week high of $147.73. The company has a market cap of $72.83 billion, a price-to-earnings ratio of 848.29 and a beta of 1.62. 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 simple moving average of $123.38 and a 200 day simple moving average of $108.11.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on SE shares. Jefferies Financial Group increased their price target on shares of SEA from $131.00 to $157.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th. Barclays upped their price target on SEA from $148.00 to $182.00 and gave the company an “overweight” rating in a research report on Friday, March 7th. Benchmark lifted their price objective on SEA from $130.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, March 5th. JPMorgan Chase & Co. upped their target price on shares of SEA from $133.00 to $160.00 and gave the stock an “overweight” rating in a report on Wednesday, March 5th. Finally, UBS Group lifted their price target on shares of SEA from $135.00 to $176.00 and gave the company a “buy” rating in a report on Friday, March 7th. 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 company. According to MarketBeat, SEA currently has an average 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.