Mesirow Financial Investment Management Inc. Has $531,000 Position in Sea Limited (NYSE:SE)

Mesirow Financial Investment Management Inc. raised its stake in Sea Limited (NYSE:SE) by 7.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 5,007 shares of the Internet company based in Singapore’s stock after buying an additional 366 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in SEA were worth $531,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Private Trust Co. NA increased its holdings in shares of SEA by 474.4% in the fourth quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore’s stock valued at $26,000 after purchasing an additional 204 shares during the last quarter. Kestra Investment Management LLC acquired a new position in shares of SEA in the fourth quarter valued at about $34,000. Truvestments Capital LLC acquired a new position in shares of SEA in the third quarter valued at about $41,000. Icon Wealth Advisors LLC acquired a new position in shares of SEA in the third quarter valued at about $47,000. Finally, Geneos Wealth Management Inc. grew its stake in shares of SEA by 4,663.6% in the fourth quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore’s stock valued at $56,000 after acquiring an additional 513 shares in the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SE has been the topic of several research reports. Jefferies Financial Group upped their price target on shares of SEA from $131.00 to $157.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th. Barclays upped their price target on shares of SEA from $148.00 to $182.00 and gave the company an “overweight” rating in a research note on Friday. TD Cowen upped their price target 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. JPMorgan Chase & Co. upped their price target on shares of SEA from $133.00 to $160.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, Phillip Securities reaffirmed a “reduce” rating and set a $100.00 price objective (up previously 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 assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $111.67.

SEA Stock Down 2.3 %

SE stock opened at $135.93 on Friday. The stock has a market capitalization of $77.80 billion, a P/E ratio of 906.18 and a beta of 1.62. 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 12 month low of $51.70 and a 12 month high of $147.73. The firm has a 50-day moving average price of $121.27 and a 200-day moving average price of $106.36.

SEA Company 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.