Gulf International Bank UK Ltd Sells 302 Shares of Sea Limited (NYSE:SE)

Gulf International Bank UK Ltd lowered its position in Sea Limited (NYSE:SE) by 1.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 29,087 shares of the Internet company based in Singapore’s stock after selling 302 shares during the quarter. Gulf International Bank UK Ltd’s holdings in SEA were worth $3,086,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SE. SOA Wealth Advisors LLC. increased its stake 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 valued at $57,000 after acquiring an additional 150 shares during the last quarter. TD Private Client Wealth LLC increased its stake in SEA by 33.7% in the third quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore’s stock valued at $57,000 after acquiring an additional 152 shares during the last quarter. Ballentine Partners LLC increased its stake in SEA by 5.6% in the fourth quarter. Ballentine Partners LLC now owns 2,970 shares of the Internet company based in Singapore’s stock valued at $315,000 after acquiring an additional 158 shares during the last quarter. Integrated Wealth Concepts LLC increased its stake in SEA by 2.6% in the third quarter. Integrated Wealth Concepts LLC now owns 6,357 shares of the Internet company based in Singapore’s stock valued at $599,000 after acquiring an additional 160 shares during the last quarter. Finally, Moseley Investment Management Inc. increased its stake in SEA by 4.3% in the fourth quarter. Moseley Investment Management Inc. now owns 3,870 shares of the Internet company based in Singapore’s stock valued at $411,000 after acquiring an additional 161 shares during the last quarter. Institutional investors own 59.53% of the company’s stock.

SEA Stock Up 0.5 %

NYSE SE opened at $127.05 on Friday. 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 stock has a market capitalization of $72.71 billion, a PE ratio of 846.99 and a beta of 1.55. Sea Limited has a 1 year low of $48.14 and a 1 year high of $139.18. The business’s 50-day moving average is $118.39 and its 200 day moving average is $103.78.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Phillip Securities reissued a “reduce” rating and issued a $100.00 target price (up previously from $80.00) on shares of SEA in a research note on Tuesday, November 19th. TD Cowen increased their target price on SEA from $69.00 to $100.00 and gave the company a “hold” rating in a research note on Wednesday, November 13th. Benchmark upped their price target on shares of SEA from $94.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. Barclays lifted their price objective on SEA from $131.00 to $148.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, Dbs Bank upgraded SEA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, SEA presently has an average rating of “Moderate Buy” and an average target price of $92.43.

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.