C WorldWide Group Holding A S Sells 4,623 Shares of Sea Limited (NYSE:SE)

C WorldWide Group Holding A S decreased its holdings in Sea Limited (NYSE:SE) by 1.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 315,849 shares of the Internet company based in Singapore’s stock after selling 4,623 shares during the period. SEA comprises about 0.4% of C WorldWide Group Holding A S’s investment portfolio, making the stock its 26th biggest holding. C WorldWide Group Holding A S’s holdings in SEA were worth $33,512,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Rosenberg Matthew Hamilton increased its holdings in shares of SEA by 213.7% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 298 shares of the Internet company based in Singapore’s stock worth $28,000 after purchasing an additional 203 shares in the last quarter. Kestra Investment Management LLC bought a new stake in shares of SEA in the 4th quarter worth $34,000. Truvestments Capital LLC bought a new stake in shares of SEA in the 3rd quarter worth $41,000. Icon Wealth Advisors LLC bought a new stake in shares of SEA in the 3rd quarter worth $47,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of SEA by 4,663.6% in the 4th quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore’s stock worth $56,000 after purchasing an additional 513 shares in the last quarter. Institutional investors own 59.53% of the company’s stock.

SEA Price Performance

NYSE SE opened at $128.70 on Monday. The company has a market capitalization of $73.66 billion, a PE ratio of 858.00 and a beta of 1.55. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. The business’s fifty day moving average is $117.34 and its 200 day moving average is $102.58. Sea Limited has a fifty-two week low of $43.27 and a fifty-two week high of $139.18.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on SE shares. Benchmark raised their price target on SEA from $94.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Phillip Securities restated a “reduce” rating and issued a $100.00 price target (up from $80.00) on shares of SEA in a research note on Tuesday, November 19th. Dbs Bank upgraded SEA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 13th. TD Cowen raised their price target on SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a research note on Wednesday, November 13th. Finally, Wedbush restated an “outperform” rating and issued a $105.00 price target (up from $84.00) on shares of SEA in a research note on Monday, November 4th. One analyst has rated the stock with a sell rating, two have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $91.21.

About SEA

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.