Natixis Purchases 513 Shares of Sea Limited (NYSE:SE)

by · The Markets Daily

Natixis grew its position in Sea Limited (NYSE:SE – Free Report) by 22.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,793 shares of the Internet company based in Singapore’s stock after acquiring an additional 513 shares during the quarter. Natixis’ holdings in SEA were worth $296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. SOA Wealth Advisors LLC. grew its position in 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 in the last quarter. Sanctuary Advisors LLC increased its position in shares of SEA by 14.4% during the 3rd quarter. Sanctuary Advisors LLC now owns 6,214 shares of the Internet company based in Singapore’s stock valued at $586,000 after purchasing an additional 782 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in SEA during the 3rd quarter valued at $290,000. Tidal Investments LLC lifted its position in SEA by 1,270.6% in the third quarter. Tidal Investments LLC now owns 109,034 shares of the Internet company based in Singapore’s stock worth $10,280,000 after buying an additional 101,079 shares during the last quarter. Finally, American Trust purchased a new position in SEA during the third quarter worth $294,000. 59.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on SE. Arete Research raised shares of SEA to a “strong-buy” rating in a research note on Sunday, March 23rd. Sanford C. Bernstein set a $145.00 price objective on shares of SEA and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. UBS Group upped their target price on SEA from $135.00 to $176.00 and gave the company a “buy” rating in a research note on Friday, March 7th. JPMorgan Chase & Co. lowered SEA from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $160.00 to $135.00 in a research note on Wednesday, April 16th. Finally, Benchmark upped their price objective on SEA from $130.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday, March 5th. Four analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $125.43.

View Our Latest Stock Analysis on SE

SEA Price Performance

Shares of SE stock opened at $124.26 on Friday. The stock’s 50-day moving average is $125.33 and its 200 day moving average is $115.47. Sea Limited has a 1-year low of $55.00 and a 1-year high of $147.73. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. The company has a market cap of $71.12 billion, a P/E ratio of 828.40 and a beta of 1.73.

SEA Company Profile

(Free Report)

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.

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