Sea Limited (NYSE:SE) Shares Acquired by Moseley Investment Management Inc.

Moseley Investment Management Inc. raised its holdings in shares of Sea Limited (NYSE:SE) by 4.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,870 shares of the Internet company based in Singapore’s stock after purchasing an additional 161 shares during the quarter. Moseley Investment Management Inc.’s holdings in SEA were worth $411,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Park Avenue Securities LLC increased its holdings in SEA by 168.0% in the fourth quarter. Park Avenue Securities LLC now owns 20,153 shares of the Internet company based in Singapore’s stock valued at $2,138,000 after buying an additional 12,634 shares during the last quarter. Assenagon Asset Management S.A. bought a new stake in shares of SEA in the 4th quarter valued at approximately $463,000. Claro Advisors LLC acquired a new stake in shares of SEA during the 4th quarter valued at approximately $264,000. Diversified Trust Co lifted its stake in SEA by 84.5% during the fourth quarter. Diversified Trust Co now owns 20,326 shares of the Internet company based in Singapore’s stock worth $2,157,000 after purchasing an additional 9,309 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in SEA by 29.7% in the fourth quarter. GAMMA Investing LLC now owns 1,645 shares of the Internet company based in Singapore’s stock worth $175,000 after purchasing an additional 377 shares during the period. 59.53% of the stock is currently owned by hedge funds and other institutional investors.

SEA Stock Performance

NYSE SE opened at $110.18 on Wednesday. The stock has a market cap of $63.06 billion, a P/E ratio of 734.53 and a beta of 1.54. 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 Limited has a twelve month low of $34.35 and a twelve month high of $119.47. The company’s 50-day simple moving average is $109.99 and its 200 day simple moving average is $91.60.

SEA (NYSE:SE) last issued its earnings results on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.35). The company had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.09 billion. SEA had a return on equity of 1.40% and a net margin of 0.64%. The company’s quarterly revenue was up 30.8% on a year-over-year basis. During the same period in the previous year, the company posted ($0.26) earnings per share. As a group, research analysts forecast that Sea Limited will post 0.81 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently issued reports on SE. Bank of America raised their price target on shares of SEA from $84.00 to $96.00 and gave the stock a “buy” rating in a research report on Monday, September 23rd. Phillip Securities restated a “reduce” rating and issued a $100.00 target price (up from $80.00) on shares of SEA in a research note on Tuesday, November 19th. Benchmark increased their price target on SEA from $94.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Wedbush restated an “outperform” rating and issued a $105.00 target price (up previously from $84.00) on shares of SEA in a research report on Monday, November 4th. Finally, Barclays lifted their price objective on shares of SEA from $94.00 to $131.00 and gave the company an “overweight” rating in a research note on Thursday, November 14th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, SEA currently has an average rating of “Moderate Buy” and an average target price of $91.21.

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.