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

C WorldWide Group Holding A S decreased its stake in shares of Sea Limited (NYSE:SE) by 1.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund 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 holdings, making the stock its 26th largest position. C WorldWide Group Holding A S owned approximately 0.06% of SEA worth $33,512,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of SE. Baillie Gifford & Co. boosted its position in SEA by 3.5% in the fourth quarter. Baillie Gifford & Co. now owns 40,954,549 shares of the Internet company based in Singapore’s stock worth $4,345,278,000 after purchasing an additional 1,390,531 shares during the last quarter. WCM Investment Management LLC raised its stake in shares of SEA by 22.8% during the 4th quarter. WCM Investment Management LLC now owns 25,663,667 shares of the Internet company based in Singapore’s stock valued at $2,758,331,000 after purchasing an additional 4,761,289 shares during the period. Geode Capital Management LLC increased its stake in SEA by 4.2% in the 3rd quarter. Geode Capital Management LLC now owns 3,059,521 shares of the Internet company based in Singapore’s stock worth $283,543,000 after acquiring an additional 124,433 shares during the last quarter. Perpetual Ltd increased its stake in 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 worth $222,598,000 after acquiring an additional 2,031,038 shares during the last quarter. Finally, CoreView Capital Management Ltd increased its stake in 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 worth $188,218,000 after acquiring an additional 1,543,743 shares during the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.

SEA Stock Down 3.1 %

SE stock opened at $128.70 on Monday. Sea Limited has a twelve month low of $43.27 and a twelve month high of $139.18. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. The firm has a market cap of $73.66 billion, a PE ratio of 858.00 and a beta of 1.55. The business has a 50 day moving average of $117.34 and a 200 day moving average of $102.58.

Wall Street Analysts Forecast Growth

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

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.