Whipplewood Advisors LLC Makes New $221,000 Investment in Sea Limited (NYSE:SE)

Whipplewood Advisors LLC bought a new position in shares of Sea Limited (NYSE:SE) during the 4th quarter, HoldingsChannel reports. The firm bought 2,079 shares of the Internet company based in Singapore’s stock, valued at approximately $221,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. WCM Investment Management LLC boosted its holdings in shares of SEA by 35.9% in the 3rd quarter. WCM Investment Management LLC now owns 20,902,378 shares of the Internet company based in Singapore’s stock valued at $1,971,303,000 after buying an additional 5,517,559 shares in the last quarter. Baillie Gifford & Co. boosted its holdings in shares of SEA by 15.5% in the 3rd quarter. Baillie Gifford & Co. now owns 39,564,018 shares of the Internet company based in Singapore’s stock valued at $3,730,096,000 after buying an additional 5,295,590 shares in the last quarter. Perpetual Ltd boosted its holdings in shares of SEA by 3,033.0% in the 4th quarter. Perpetual Ltd now owns 2,098,003 shares of the Internet company based in Singapore’s stock valued at $222,598,000 after buying an additional 2,031,038 shares in the last quarter. CoreView Capital Management Ltd boosted its holdings in shares of SEA by 341.1% in the 3rd quarter. CoreView Capital Management Ltd now owns 1,996,376 shares of the Internet company based in Singapore’s stock valued at $188,218,000 after buying an additional 1,543,743 shares in the last quarter. Finally, Ninety One UK Ltd boosted its holdings in shares of SEA by 1,673.2% in the 4th quarter. Ninety One UK Ltd now owns 1,243,888 shares of the Internet company based in Singapore’s stock valued at $131,977,000 after buying an additional 1,173,738 shares in the last quarter. 59.53% of the stock is currently owned by institutional investors.

SEA Stock Performance

SE opened at $126.52 on Friday. Sea Limited has a 12-month low of $46.06 and a 12-month high of $139.18. 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 firm has a market capitalization of $72.41 billion, a PE ratio of 843.45 and a beta of 1.55. The firm has a 50 day moving average of $118.39 and a two-hundred day moving average of $103.78.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Benchmark raised their price target on shares of SEA from $94.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Barclays raised their price target on shares of SEA from $131.00 to $148.00 and gave the company an “overweight” rating in a report on Wednesday. Wedbush restated an “outperform” rating and issued a $105.00 price target (up from $84.00) on shares of SEA in a report on Monday, November 4th. Phillip Securities reaffirmed a “reduce” rating and issued a $100.00 price objective (up from $80.00) on shares of SEA in a research report on Tuesday, November 19th. Finally, TD Cowen increased their price objective on shares of SEA from $69.00 to $100.00 and gave the company a “hold” rating in a research 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 issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target 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.