Kontiki Capital Management HK Ltd. Has $347.70 Million Holdings in Sea Limited (NYSE:SE)

Kontiki Capital Management HK Ltd. reduced its position in shares of Sea Limited (NYSE:SE) by 8.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,277,116 shares of the Internet company based in Singapore’s stock after selling 286,000 shares during the quarter. SEA accounts for about 30.3% of Kontiki Capital Management HK Ltd.’s investment portfolio, making the stock its biggest holding. Kontiki Capital Management HK Ltd. owned 0.57% of SEA worth $347,702,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Farther Finance Advisors LLC increased 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 valued at $39,000 after purchasing an additional 112 shares in the last quarter. SOA Wealth Advisors LLC. grew its stake in shares of SEA by 33.3% in the third quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore’s stock worth $57,000 after acquiring an additional 150 shares during the period. TD Private Client Wealth LLC grew its stake in shares of SEA by 33.7% in the third 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 grew its stake in shares of SEA by 5.6% in the fourth 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 grew its stake in shares of SEA by 2.6% in the third 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. 59.53% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently commented on SE shares. Benchmark lifted their price target on shares of SEA from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, March 5th. Barclays lifted their price target on shares of SEA from $148.00 to $182.00 and gave the stock an “overweight” rating in a research note on Friday, March 7th. Sanford C. Bernstein set a $145.00 price target on shares of SEA and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. UBS Group raised their price objective on shares of SEA from $135.00 to $176.00 and gave the stock a “buy” rating in a report on Friday, March 7th. Finally, Phillip Securities raised shares of SEA from a “moderate sell” rating to a “hold” rating in a report on Friday, March 7th. Three investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $116.67.

SEA Price Performance

Shares of NYSE:SE opened at $126.01 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. Sea Limited has a 1-year low of $51.70 and a 1-year high of $147.73. The company has a market capitalization of $72.12 billion, a P/E ratio of 840.04 and a beta of 1.61. The firm’s 50 day simple moving average is $125.30 and its two-hundred day simple moving average is $109.63.

About SEA

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.