Sea Limited (NYSE:SE) Shares Purchased by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd boosted its stake in Sea Limited (NYSE:SE) by 5,720.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 7,857 shares of the Internet company based in Singapore’s stock after acquiring an additional 7,722 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in SEA were worth $833,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its stake in SEA by 43.8% during the 4th quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore’s stock worth $39,000 after purchasing an additional 112 shares during the last quarter. SOA Wealth Advisors LLC. boosted its stake in SEA by 33.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore’s stock worth $57,000 after purchasing an additional 150 shares during the last quarter. TD Private Client Wealth LLC raised its holdings in shares of SEA by 33.7% during the 3rd quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore’s stock worth $57,000 after acquiring an additional 152 shares during the period. Ballentine Partners LLC raised its holdings in shares of SEA by 5.6% during the 4th quarter. Ballentine Partners LLC now owns 2,970 shares of the Internet company based in Singapore’s stock worth $315,000 after acquiring an additional 158 shares during the period. Finally, Integrated Wealth Concepts LLC raised its holdings in shares of SEA by 2.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 6,357 shares of the Internet company based in Singapore’s stock worth $599,000 after acquiring an additional 160 shares during the period. Institutional investors and hedge funds own 59.53% of the company’s stock.

SEA Stock Up 0.7 %

Shares of NYSE:SE opened at $127.07 on Friday. 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 market capitalization of $72.73 billion, a PE ratio of 847.15 and a beta of 1.61. The firm’s 50-day moving average is $124.94 and its two-hundred day moving average is $109.07. Sea Limited has a 1 year low of $51.70 and a 1 year high of $147.73.

Analyst Ratings Changes

SE has been the topic of several analyst reports. UBS Group lifted their price target on SEA from $135.00 to $176.00 and gave the stock a “buy” rating in a report on Friday, March 7th. JPMorgan Chase & Co. lifted their price target on SEA from $133.00 to $160.00 and gave the stock an “overweight” rating in a report on Wednesday, March 5th. Benchmark lifted their price target on SEA from $130.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, March 5th. Jefferies Financial Group lifted their price target on SEA from $131.00 to $157.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Finally, Phillip Securities upgraded shares of SEA from a “moderate sell” rating to a “hold” rating in a report on Friday, March 7th. Three 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 MarketBeat, the stock 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.