National Bank of Canada FI Buys 95,472 Shares of Sea Limited (NYSE:SE)

National Bank of Canada FI boosted its position in Sea Limited (NYSE:SE) by 22.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 516,671 shares of the Internet company based in Singapore’s stock after acquiring an additional 95,472 shares during the quarter. National Bank of Canada FI’s holdings in SEA were worth $54,819,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Private Trust Co. NA lifted its stake in 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 worth $26,000 after purchasing an additional 204 shares during the last quarter. Kestra Investment Management LLC purchased a new position in SEA in the 4th quarter worth approximately $34,000. Farther Finance Advisors LLC grew its holdings in shares of SEA by 43.8% in the fourth quarter. Farther Finance Advisors LLC now owns 368 shares of the Internet company based in Singapore’s stock worth $39,000 after purchasing an additional 112 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in SEA by 4,663.6% during the 4th quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore’s stock valued at $56,000 after buying an additional 513 shares during the last quarter. Finally, TD Private Client Wealth LLC grew its holdings in SEA by 33.7% in the 3rd quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore’s stock worth $57,000 after acquiring an additional 152 shares during the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.

Wall Street Analysts Forecast Growth

SE has been the subject of several recent analyst reports. Arete Research raised shares of SEA to a “strong-buy” rating in a research note on Sunday, March 23rd. Loop Capital upped their price target on SEA from $135.00 to $165.00 and gave the company a “buy” rating in a research report on Monday. Phillip Securities upgraded SEA from a “moderate sell” rating to a “hold” rating in a report on Friday, March 7th. Benchmark boosted their target price on SEA from $130.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, March 5th. Finally, Sanford C. Bernstein set a $145.00 price target on SEA and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Three investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $121.40.

SEA Trading Up 1.6 %

NYSE:SE opened at $132.61 on Wednesday. The stock has a market cap of $75.90 billion, a price-to-earnings ratio of 884.09 and a beta of 1.62. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. The company’s 50 day moving average price is $127.88 and its 200-day moving average price is $112.45. Sea Limited has a 52 week low of $51.70 and a 52 week high of $147.73.

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.