Farther Finance Advisors LLC Has $39,000 Holdings in Sea Limited (NYSE:SE)

Farther Finance Advisors LLC raised its holdings in shares of Sea Limited (NYSE:SE) by 43.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 368 shares of the Internet company based in Singapore’s stock after purchasing an additional 112 shares during the period. Farther Finance Advisors LLC’s holdings in SEA were worth $39,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC lifted its position in SEA by 177.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,771 shares of the Internet company based in Singapore’s stock valued at $294,000 after purchasing an additional 1,774 shares during the period. Sequoia Financial Advisors LLC raised its position in shares of SEA by 5.7% in the 4th quarter. Sequoia Financial Advisors LLC now owns 3,257 shares of the Internet company based in Singapore’s stock valued at $346,000 after acquiring an additional 176 shares during the period. HighTower Advisors LLC raised its position in shares of SEA by 26.1% in the 4th quarter. HighTower Advisors LLC now owns 48,988 shares of the Internet company based in Singapore’s stock valued at $5,198,000 after acquiring an additional 10,152 shares during the period. AGF Management Ltd. acquired a new stake in shares of SEA in the 4th quarter valued at approximately $38,436,000. Finally, Wealthfront Advisers LLC acquired a new stake in shares of SEA in the 4th quarter valued at approximately $24,361,000. 59.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on SE shares. Benchmark increased their price target on shares of SEA from $130.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday, March 5th. Sanford C. Bernstein set a $145.00 price target on shares of SEA and gave the company an “outperform” rating in a research report on Wednesday, March 5th. UBS Group increased their price target on shares of SEA from $135.00 to $176.00 and gave the company a “buy” rating in a research report on Friday, March 7th. Phillip Securities upgraded shares of SEA from a “moderate sell” rating to a “hold” rating in a research report on Friday, March 7th. Finally, JPMorgan Chase & Co. increased their target price on SEA from $133.00 to $160.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 5th. 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $116.67.

SEA Price Performance

Shares of SE opened at $126.01 on Monday. The stock has a market capitalization of $72.12 billion, a P/E ratio of 840.04 and a beta of 1.62. Sea Limited has a twelve month low of $51.70 and a twelve month high of $147.73. The company has a 50 day moving average of $125.30 and a 200-day moving average of $109.85. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36.

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.