Yeomans Consulting Group Inc. Cuts Stock Position in Sea Limited Sponsored ADR (NYSE:SE)

Yeomans Consulting Group Inc. lessened its position in Sea Limited Sponsored ADR (NYSE:SE) by 17.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 2,081 shares of the Internet company based in Singapore’s stock after selling 425 shares during the quarter. Yeomans Consulting Group Inc.’s holdings in SEA were worth $272,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SE. Sava Infond d.o.o. purchased a new stake in SEA during the 1st quarter worth about $26,000. Tradewinds Capital Management LLC increased its holdings in SEA by 100.0% during the 1st quarter. Tradewinds Capital Management LLC now owns 200 shares of the Internet company based in Singapore’s stock worth $26,000 after purchasing an additional 100 shares during the period. Inlight Wealth Management LLC purchased a new stake in SEA during the 1st quarter worth about $28,000. Fifth Third Bancorp increased its holdings in SEA by 464.3% during the 1st quarter. Fifth Third Bancorp now owns 237 shares of the Internet company based in Singapore’s stock worth $31,000 after purchasing an additional 195 shares during the period. Finally, Cullen Frost Bankers Inc. purchased a new stake in SEA during the 1st quarter worth about $34,000. Hedge funds and other institutional investors own 59.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on SE. Arete Research raised SEA to a “strong-buy” rating in a research report on Sunday, March 23rd. JPMorgan Chase & Co. raised SEA from a “neutral” rating to an “overweight” rating and upped their target price for the company from $135.00 to $190.00 in a research report on Tuesday, May 13th. Benchmark upped their target price on SEA from $150.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, May 14th. Wall Street Zen cut SEA from a “buy” rating to a “hold” rating in a research report on Saturday, July 12th. Finally, Wedbush reissued an “outperform” rating on shares of SEA in a research report on Wednesday, May 14th. Four analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $153.17.

SEA Price Performance

NYSE SE traded up $1.06 during mid-day trading on Friday, hitting $168.14. The stock had a trading volume of 535,088 shares, compared to its average volume of 4,368,017. Sea Limited Sponsored ADR has a 52-week low of $55.00 and a 52-week high of $172.65. The company has a market cap of $99.06 billion, a price-to-earnings ratio of 118.46 and a beta of 1.60. The company has a 50 day simple moving average of $157.75 and a 200 day simple moving average of $135.46. The company has a quick ratio of 1.49, a current ratio of 1.51 and a debt-to-equity ratio of 0.18.

SEA (NYSE:SE) last announced its earnings results on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.28). The company had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.90 billion. SEA had a net margin of 4.87% and a return on equity of 10.74%. SEA’s quarterly revenue was up 29.6% compared to the same quarter last year. During the same quarter last year, the company posted ($0.04) EPS. Equities analysts forecast that Sea Limited Sponsored ADR will post 0.74 EPS for the current fiscal year.

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.