UMB Financial institution n.a. trimmed its holdings in shares of Sea Restricted (NYSE:SE – Free Report) by 23.6% throughout the 2nd quarter, Holdings Channel studies. The institutional investor owned 908 shares of the Web firm primarily based in Singapore’s inventory after promoting 280 shares throughout the quarter. UMB Financial institution n.a.’s holdings in SEA have been value $65,000 on the finish of the newest reporting interval.
Different institutional buyers have additionally not too long ago made adjustments to their positions within the firm. Canton Hathaway LLC raised its place in SEA by 20.0% within 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 buying a further 200 shares throughout the interval. Gulf Worldwide Financial institution UK Ltd raised its holdings in shares of SEA by 0.7% within the second quarter. Gulf Worldwide Financial institution UK Ltd now owns 28,958 shares of the Web firm primarily based in Singapore’s inventory value $2,068,000 after shopping for a further 213 shares throughout the interval. Hexagon Capital Companions LLC lifted its stake in shares of SEA by 63.1% throughout the 2nd quarter. Hexagon Capital Companions LLC now owns 654 shares of the Web firm primarily based in Singapore’s inventory value $47,000 after buying a further 253 shares over the last quarter. GAMMA Investing LLC boosted its holdings in SEA by 121.3% throughout the 1st quarter. GAMMA Investing LLC now owns 613 shares of the Web firm primarily based in Singapore’s inventory valued at $33,000 after buying a further 336 shares throughout the interval. Lastly, EverSource Wealth Advisors LLC grew its place in SEA by 38.6% within the 4th quarter. EverSource Wealth Advisors LLC now owns 1,414 shares of the Web firm primarily based in Singapore’s inventory valued at $57,000 after buying a further 394 shares over the last quarter. Institutional buyers personal 59.53% of the corporate’s inventory.
Wall Road Analysts Forecast Progress
Numerous analysts have not too long ago issued studies on SE shares. Benchmark boosted their goal value on shares of SEA from $87.00 to $94.00 and gave the corporate a “purchase” ranking in a analysis notice on Wednesday, August 14th. Loop Capital raised their goal value on shares of SEA from $92.00 to $94.00 and gave the inventory a “purchase” ranking in a analysis report on Monday, June tenth. JPMorgan Chase & Co. upgraded SEA from a “impartial” ranking to an “chubby” ranking and boosted their value goal for the corporate from $66.00 to $90.00 in a report on Wednesday, August 14th. Financial institution of America raised their value goal on SEA from $77.00 to $84.00 and gave the inventory a “purchase” ranking in a report on Wednesday, August 14th. Lastly, Dbs Financial institution reissued a “maintain” ranking and set a $75.00 value goal on shares of SEA in a analysis report on Friday, June twenty eighth. Three equities 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.com, the inventory has a consensus ranking of “Average Purchase” and a consensus goal value of $80.00.
SEA Inventory Up 1.0 %
Shares of SE inventory opened at $78.31 on Friday. The inventory’s fifty day shifting common value is $71.87 and its 200 day shifting common value is $64.60. The corporate has a debt-to-equity ratio of 0.41, a present ratio of 1.49 and a fast ratio of 1.48. Sea Restricted has a 1-year low of $34.35 and a 1-year excessive of $83.69. The corporate has a market cap of $44.82 billion, a price-to-earnings ratio of 1,566.20 and a beta of 1.51.
SEA (NYSE:SE – Get Free Report) final introduced its quarterly earnings information on Tuesday, August thirteenth. The Web firm primarily based in Singapore reported $0.14 EPS for the quarter, lacking the consensus estimate of $0.59 by ($0.45). SEA had a detrimental internet margin of 1.36% and a detrimental return on fairness of two.92%. The corporate had income of $3.81 billion throughout the quarter, in comparison with analysts’ expectations of $3.73 billion. Throughout the identical interval within the earlier 12 months, the enterprise earned $0.54 earnings per share. The enterprise’s income for the quarter was up 23.0% in comparison with the identical quarter final 12 months. On common, analysis analysts anticipate that Sea Restricted will submit 0.62 earnings per share for the present fiscal 12 months.
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 provides Garena digital leisure platform for customers to entry cellular and PC on-line video games, in addition to promotes eSports operations.
See Additionally
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