Park Avenue Securities LLC elevated its holdings in Sea Restricted (NYSE:SE – Free Report) by 40.4% within the third quarter, based on its most up-to-date 13F submitting with the Securities and Change Fee (SEC). The institutional investor owned 7,519 shares of the Web firm primarily based in Singapore’s inventory after shopping for an extra 2,165 shares throughout the quarter. Park Avenue Securities LLC’s holdings in SEA had been value $709,000 on the finish of the latest reporting interval.
Different giant traders have additionally lately added to or diminished their stakes within the firm. SOA Wealth Advisors LLC. purchased a brand new place in shares of SEA within the second quarter value $32,000. GAMMA Investing LLC lifted its holdings in SEA by 121.3% within the first quarter. GAMMA Investing LLC now owns 613 shares of the Web firm primarily based in Singapore’s inventory value $33,000 after buying an extra 336 shares throughout the interval. Hexagon Capital Companions LLC grew its place in SEA by 63.1% within the 2nd quarter. Hexagon Capital Companions LLC now owns 654 shares of the Web firm primarily based in Singapore’s inventory valued at $47,000 after shopping for an extra 253 shares within the final quarter. UMB Financial institution n.a. elevated its stake in SEA by 50.8% throughout the 1st quarter. UMB Financial institution n.a. now owns 1,188 shares of the Web firm primarily based in Singapore’s inventory valued at $64,000 after shopping for an extra 400 shares throughout the interval. Lastly, Canton Hathaway LLC raised its place in shares of SEA by 20.0% throughout the 2nd quarter. Canton Hathaway LLC now owns 1,200 shares of the Web firm primarily based in Singapore’s inventory value $86,000 after shopping for an extra 200 shares within the final quarter. 59.53% of the inventory is at present owned by institutional traders and hedge funds.
Analyst Scores Adjustments
SE has been the subject of various analysis analyst reviews. Barclays raised their value goal on shares of SEA from $87.00 to $94.00 and gave the corporate an “obese” ranking in a analysis be aware on Thursday, August fifteenth. JPMorgan Chase & Co. raised SEA from a “impartial” ranking to an “obese” ranking and boosted their value goal for the inventory from $66.00 to $90.00 in a analysis be aware on Wednesday, August 14th. Citigroup lowered their goal value on SEA from $81.00 to $80.00 and set a “purchase” ranking on the inventory in a report on Tuesday, July twenty third. Wedbush reissued an “outperform” ranking and issued a $84.00 value goal (up from $76.00) on shares of SEA in a report on Tuesday, August thirteenth. Lastly, Benchmark lifted their value goal on shares of SEA from $87.00 to $94.00 and gave the inventory a “purchase” ranking in a analysis be aware on Wednesday, August 14th. Three analysis analysts have rated the inventory with a maintain ranking and eleven have assigned a purchase ranking to the corporate’s inventory. Primarily based on information from MarketBeat, the corporate has a consensus ranking of “Average Purchase” and a consensus goal value of $80.92.
Learn Our Newest Evaluation on SEA
SEA Worth Efficiency
Shares of NYSE:SE opened at $95.81 on Friday. The corporate has a market cap of $54.84 billion, a P/E ratio of 1,916.20 and a beta of 1.52. The corporate’s fifty day shifting common is $81.66 and its two-hundred day shifting common is $71.73. The corporate has a fast ratio of 1.48, a present ratio of 1.49 and a debt-to-equity ratio of 0.41. Sea Restricted has a 12-month low of $34.35 and a 12-month excessive of $98.09.
SEA (NYSE:SE – Get Free Report) final launched its earnings outcomes on Tuesday, August thirteenth. The Web firm primarily based in Singapore reported $0.14 earnings per share for the quarter, lacking the consensus estimate of $0.59 by ($0.45). The enterprise had income of $3.81 billion for the quarter, in comparison with analysts’ expectations of $3.73 billion. SEA had a destructive web margin of 1.36% and a destructive return on fairness of two.92%. The corporate’s income was up 23.0% in comparison with the identical quarter final yr. Throughout the identical interval final yr, the agency earned $0.54 EPS. Equities analysts count on that Sea Restricted will submit 0.64 earnings per share for the present fiscal yr.
About SEA
Sea Restricted, along with its subsidiaries, engages within the digital leisure, e-commerce, and digital monetary service companies in Southeast Asia, Latin America, remainder of Asia, and internationally. It affords Garena digital leisure platform for customers to entry cell and PC on-line video games, in addition to promotes eSports operations.
Featured Tales
Wish to see what different hedge funds are holding SE? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Sea Restricted (NYSE:SE – Free Report).
Obtain Information & Scores for SEA Every day – Enter your e-mail tackle beneath to obtain a concise each day abstract of the most recent information and analysts’ rankings for SEA and associated corporations with MarketBeat.com’s FREE each day e-mail e-newsletter.
