Sea Limited (NYSE:SE) Shares Acquired by Diversified Trust Co

Diversified Trust Co lifted its position in shares of Sea Limited (NYSE:SE) by 30.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,017 shares of the Internet company based in Singapore’s stock after buying an additional 2,597 shares during the period. Diversified Trust Co’s holdings in SEA were worth $1,039,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Baillie Gifford & Co. increased its holdings in SEA by 0.4% in the 2nd quarter. Baillie Gifford & Co. now owns 34,268,428 shares of the Internet company based in Singapore’s stock valued at $2,447,451,000 after purchasing an additional 148,980 shares in the last quarter. Kora Management LP increased its holdings in SEA by 9.4% in the 1st quarter. Kora Management LP now owns 4,637,500 shares of the Internet company based in Singapore’s stock valued at $249,080,000 after purchasing an additional 400,000 shares in the last quarter. Eminence Capital LP increased its holdings in SEA by 45.2% in the 2nd quarter. Eminence Capital LP now owns 4,522,441 shares of the Internet company based in Singapore’s stock valued at $322,993,000 after purchasing an additional 1,408,314 shares in the last quarter. Kontiki Capital Management HK Ltd. increased its holdings in SEA by 1.9% in the 1st quarter. Kontiki Capital Management HK Ltd. now owns 3,744,416 shares of the Internet company based in Singapore’s stock valued at $201,113,000 after purchasing an additional 68,900 shares in the last quarter. Finally, Prudential PLC increased its holdings in SEA by 6.7% in the 2nd quarter. Prudential PLC now owns 3,649,862 shares of the Internet company based in Singapore’s stock valued at $260,673,000 after purchasing an additional 229,500 shares in the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.

SEA Trading Up 0.2 %

NYSE:SE opened at $95.35 on Wednesday. The stock’s 50-day moving average is $80.41 and its two-hundred day moving average is $71.38. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.49 and a quick ratio of 1.48. The stock has a market cap of $54.57 billion, a PE ratio of 1,907.00 and a beta of 1.52. Sea Limited has a fifty-two week low of $34.35 and a fifty-two week high of $98.09.

SEA (NYSE:SE) last released its quarterly earnings data on Tuesday, August 13th. The Internet company based in Singapore reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.45). The company had revenue of $3.81 billion during the quarter, compared to analyst estimates of $3.73 billion. SEA had a negative net margin of 1.36% and a negative return on equity of 2.92%. The firm’s quarterly revenue was up 23.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.54 EPS. As a group, equities research analysts forecast that Sea Limited will post 0.64 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on SE shares. Wedbush reiterated an “outperform” rating and issued a $84.00 price target (up from $76.00) on shares of SEA in a report on Tuesday, August 13th. TD Cowen raised their price target on shares of SEA from $64.00 to $69.00 and gave the company a “hold” rating in a research note on Wednesday, August 14th. Citigroup dropped their price target on shares of SEA from $81.00 to $80.00 and set a “buy” rating on the stock in a research note on Tuesday, July 23rd. Dbs Bank restated a “hold” rating and issued a $75.00 price target on shares of SEA in a research note on Friday, June 28th. Finally, JPMorgan Chase & Co. upgraded shares of SEA from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $66.00 to $90.00 in a research note on Wednesday, August 14th. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $80.92.

SEA Company Profile

Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally. It offers Garena digital entertainment platform for users to access mobile and PC online games, as well as promotes eSports operations.