Knights of Columbus Asset Advisors LLC Purchases Shares of 5,754 Sea Limited (NYSE:SE)

Knights of Columbus Asset Advisors LLC purchased a new stake in Sea Limited (NYSE:SE) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 5,754 shares of the Internet company based in Singapore’s stock, valued at approximately $1,834,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. KBC Group NV grew its holdings in shares of SEA by 1,055.9% in the 3rd quarter. KBC Group NV now owns 17,339 shares of the Internet company based in Singapore’s stock worth $5,526,000 after purchasing an additional 15,839 shares during the last quarter. Handelsbanken Fonder AB grew its holdings in shares of SEA by 27.1% in the 3rd quarter. Handelsbanken Fonder AB now owns 46,940 shares of the Internet company based in Singapore’s stock worth $14,961,000 after purchasing an additional 10,000 shares during the last quarter. Himension Capital Singapore PTE. LTD. grew its holdings in shares of SEA by 94.4% in the 3rd quarter. Himension Capital Singapore PTE. LTD. now owns 645,256 shares of the Internet company based in Singapore’s stock worth $205,662,000 after purchasing an additional 313,327 shares during the last quarter. Rafferty Asset Management LLC bought a new stake in shares of SEA in the 3rd quarter worth about $251,000. Finally, O Shaughnessy Asset Management LLC grew its holdings in shares of SEA by 7,166.7% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 436 shares of the Internet company based in Singapore’s stock worth $139,000 after purchasing an additional 430 shares during the last quarter. 52.75% of the stock is currently owned by institutional investors and hedge funds.

SE has been the topic of several research reports. Cowen upped their price target on shares of SEA from $355.00 to $375.00 and gave the stock an “outperform” rating in a research report on Monday, November 15th. UBS Group upped their price target on shares of SEA from $350.00 to $380.00 and gave the stock a “buy” rating in a research report on Wednesday, November 17th. Bank of America upgraded shares of SEA from a “neutral” rating to a “buy” rating and reduced their price target for the stock from $385.00 to $287.00 in a research report on Monday, January 3rd. Zacks Investment Research downgraded shares of SEA from a “hold” rating to a “sell” rating in a research report on Saturday, November 20th. Finally, Barclays initiated coverage on shares of SEA in a research report on Tuesday, November 2nd. They set an “overweight” rating and a $427.00 price target on the stock. One research analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $351.00.

Shares of NYSE:SE opened at $175.03 on Friday. The firm’s 50 day simple moving average is $252.36 and its 200 day simple moving average is $294.24. The company has a current ratio of 2.49, a quick ratio of 2.47 and a debt-to-equity ratio of 0.45. Sea Limited has a fifty-two week low of $168.00 and a fifty-two week high of $372.70.

SEA (NYSE:SE) last announced its quarterly earnings results on Tuesday, November 16th. The Internet company based in Singapore reported ($0.83) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.67) by ($0.16). The firm had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.48 billion. SEA had a negative net margin of 23.51% and a negative return on equity of 42.71%. The business’s revenue was up 121.8% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.87) earnings per share. Sell-side analysts predict that Sea Limited will post -3.86 EPS for the current year.

About SEA

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.

Featured Story: Stock Symbols, CUSIP and Other Stock Identifiers

Want to see what other hedge funds are holding SE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sea Limited (NYSE:SE).

Institutional Ownership by Quarter for SEA (NYSE:SE)

Receive News & Ratings for SEA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEA and related companies with MarketBeat.com's FREE daily email newsletter.