Moseley Investment Management Inc. Raises Stock Holdings in Sea Limited (NYSE:SE)

Moseley Investment Management Inc. boosted its stake in shares of Sea Limited (NYSE:SE) by 4.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,870 shares of the Internet company based in Singapore’s stock after buying an additional 161 shares during the quarter. Moseley Investment Management Inc.’s holdings in SEA were worth $411,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SE. Victory Capital Management Inc. raised its holdings in shares of SEA by 7.4% in the 2nd quarter. Victory Capital Management Inc. now owns 13,819 shares of the Internet company based in Singapore’s stock valued at $987,000 after buying an additional 950 shares during the period. Choreo LLC acquired a new position in SEA in the 2nd quarter valued at about $345,000. American Century Companies Inc. increased its stake in SEA by 17.0% during the second quarter. American Century Companies Inc. now owns 25,288 shares of the Internet company based in Singapore’s stock worth $1,806,000 after purchasing an additional 3,666 shares during the period. DekaBank Deutsche Girozentrale lifted its position in shares of SEA by 175.1% during the second quarter. DekaBank Deutsche Girozentrale now owns 100,858 shares of the Internet company based in Singapore’s stock worth $7,491,000 after purchasing an additional 64,202 shares in the last quarter. Finally, Parallel Advisors LLC boosted its stake in shares of SEA by 5.2% in the second quarter. Parallel Advisors LLC now owns 5,063 shares of the Internet company based in Singapore’s stock valued at $362,000 after purchasing an additional 250 shares during the period. 59.53% of the stock is currently owned by institutional investors and hedge funds.

SEA Stock Up 3.1 %

SE stock 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 current ratio of 1.62, a quick ratio of 1.60 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 moving average is $109.99 and its two-hundred day moving average is $91.60.

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

Analyst Upgrades and Downgrades

SE has been the subject of several recent research reports. Bank of America raised their price target on shares of SEA from $84.00 to $96.00 and gave the company a “buy” rating in a research report on Monday, September 23rd. Dbs Bank upgraded SEA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 13th. Wedbush restated an “outperform” rating and set a $105.00 price target (up previously from $84.00) on shares of SEA in a report on Monday, November 4th. Barclays lifted their price objective on SEA from $94.00 to $131.00 and gave the company an “overweight” rating in a research note on Thursday, November 14th. Finally, Benchmark upped their target price on shares of SEA from $94.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $91.21.

SEA 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.