Sea Limited (NYSE:SE) Stock Position Increased by TD Private Client Wealth LLC

TD Private Client Wealth LLC boosted its stake in shares of Sea Limited (NYSE:SE) by 33.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 603 shares of the Internet company based in Singapore’s stock after buying an additional 152 shares during the period. TD Private Client Wealth LLC’s holdings in SEA were worth $57,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SE. Toronto Dominion Bank boosted its holdings in shares of SEA by 20.9% during the third quarter. Toronto Dominion Bank now owns 1,079,263 shares of the Internet company based in Singapore’s stock worth $101,753,000 after purchasing an additional 186,294 shares during the period. Coldstream Capital Management Inc. acquired a new stake in shares of SEA during the 3rd quarter valued at $535,000. Synergy Financial Group LTD purchased a new position in shares of SEA during the 3rd quarter valued at $217,000. Geode Capital Management LLC increased its stake in shares of SEA by 4.2% in the third quarter. Geode Capital Management LLC now owns 3,059,521 shares of the Internet company based in Singapore’s stock worth $283,543,000 after acquiring an additional 124,433 shares during the last quarter. Finally, M&T Bank Corp raised its holdings in shares of SEA by 2,163.9% during the third quarter. M&T Bank Corp now owns 74,505 shares of the Internet company based in Singapore’s stock worth $7,024,000 after acquiring an additional 71,214 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

Analyst Ratings Changes

SE has been the topic of several analyst reports. Bank of America raised their price objective on SEA from $84.00 to $96.00 and gave the company a “buy” rating in a research note on Monday, September 23rd. Wedbush restated an “outperform” rating and issued a $105.00 price objective (up from $84.00) on shares of SEA in a research note on Monday, November 4th. TD Cowen raised their target price on shares of SEA from $69.00 to $100.00 and gave the company a “hold” rating in a research note on Wednesday, November 13th. Benchmark boosted their target price on shares of SEA from $94.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Finally, Phillip Securities reaffirmed a “reduce” rating and issued a $100.00 price target (up from $80.00) on shares of SEA in a research report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, two have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, SEA presently has a consensus rating of “Moderate Buy” and an average price target of $91.21.

SEA Trading Down 1.6 %

Shares of SE opened at $114.66 on Tuesday. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. The stock has a 50 day simple moving average of $105.21 and a 200-day simple moving average of $86.34. Sea Limited has a 1 year low of $34.35 and a 1 year high of $119.47. The stock has a market cap of $65.62 billion, a PE ratio of 764.40 and a beta of 1.53.

SEA (NYSE:SE) last announced its quarterly earnings data on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.35). SEA had a net margin of 0.64% and a return on equity of 1.40%. The business had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.09 billion. During the same quarter in the prior year, the company earned ($0.26) earnings per share. The company’s quarterly revenue was up 30.8% on a year-over-year basis. On average, sell-side analysts predict that Sea Limited will post 0.81 EPS for the current fiscal year.

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.