Sea Limited (NYSE:SE) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its holdings in Sea Limited (NYSE:SE) by 445.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 51,096 shares of the Internet company based in Singapore’s stock after purchasing an additional 41,728 shares during the quarter. Dimensional Fund Advisors LP’s holdings in SEA were worth $3,649,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Blue Grotto Capital LLC grew its stake in shares of SEA by 250.0% during the 4th quarter. Blue Grotto Capital LLC now owns 700,001 shares of the Internet company based in Singapore’s stock worth $28,350,000 after purchasing an additional 500,001 shares during the period. Berylson Capital Partners LLC increased its position in shares of SEA by 2.9% during the fourth quarter. Berylson Capital Partners LLC now owns 41,900 shares of the Internet company based in Singapore’s stock worth $1,697,000 after acquiring an additional 1,200 shares during the last quarter. Old Well Partners LLC acquired a new position in SEA during the 4th quarter worth $3,430,000. Vancity Investment Management Ltd increased its holdings in shares of SEA by 3.7% in the 4th quarter. Vancity Investment Management Ltd now owns 74,296 shares of the Internet company based in Singapore’s stock valued at $3,009,000 after acquiring an additional 2,640 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of SEA during the fourth quarter worth $1,440,000. Hedge funds and other institutional investors own 59.53% of the company’s stock.

SEA Price Performance

SE stock opened at $95.81 on Friday. The firm has a 50-day moving average of $81.66 and a two-hundred day moving average of $71.73. The firm has a market capitalization of $54.84 billion, a PE ratio of 1,916.20 and a beta of 1.52. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.41. Sea Limited has a one year low of $34.35 and a one year high of $98.09.

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

Analyst Ratings Changes

A number of research analysts have issued reports on SE shares. Benchmark boosted their target price on shares of SEA from $87.00 to $94.00 and gave the company a “buy” rating in a research note on Wednesday, August 14th. JPMorgan Chase & Co. raised SEA from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $66.00 to $90.00 in a research note on Wednesday, August 14th. Barclays lifted their price objective on shares of SEA from $87.00 to $94.00 and gave the company an “overweight” rating in a research note on Thursday, August 15th. Wedbush reiterated an “outperform” rating and issued a $84.00 target price (up previously from $76.00) on shares of SEA in a research report on Tuesday, August 13th. Finally, Dbs Bank restated a “hold” rating and set a $75.00 price target on shares of SEA in a research report on Friday, June 28th. Three research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.