Aaron Wealth Advisors LLC Buys 268 Shares of Sea Limited (NYSE:SE)

Aaron Wealth Advisors LLC raised its stake in Sea Limited (NYSE:SE) by 10.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,859 shares of the Internet company based in Singapore’s stock after acquiring an additional 268 shares during the period. Aaron Wealth Advisors LLC’s holdings in SEA were worth $303,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Stonekeep Investments LLC lifted its position in shares of SEA by 22.7% in the fourth quarter. Stonekeep Investments LLC now owns 3,428 shares of the Internet company based in Singapore’s stock worth $364,000 after buying an additional 634 shares in the last quarter. Arkadios Wealth Advisors increased its stake in SEA by 60.9% in the 4th quarter. Arkadios Wealth Advisors now owns 3,927 shares of the Internet company based in Singapore’s stock worth $417,000 after acquiring an additional 1,487 shares during the last quarter. Merit Financial Group LLC purchased a new stake in shares of SEA during the 4th quarter worth approximately $315,000. Ritholtz Wealth Management boosted its position in shares of SEA by 2.7% during the 4th quarter. Ritholtz Wealth Management now owns 6,458 shares of the Internet company based in Singapore’s stock valued at $685,000 after acquiring an additional 170 shares during the last quarter. Finally, Moseley Investment Management Inc. grew its holdings in shares of SEA by 4.3% in the fourth quarter. Moseley Investment Management Inc. now owns 3,870 shares of the Internet company based in Singapore’s stock valued at $411,000 after purchasing an additional 161 shares in the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.

SEA Stock Performance

SEA stock opened at $115.13 on Tuesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. The company has a market capitalization of $65.89 billion, a PE ratio of 767.53 and a beta of 1.54. The company has a 50 day moving average price of $111.40 and a 200-day moving average price of $92.80. Sea Limited has a fifty-two week low of $34.64 and a fifty-two week high of $119.47.

SEA (NYSE:SE) last issued its earnings results on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.35). The firm had revenue of $4.33 billion during the quarter, compared to analysts’ expectations of $4.09 billion. SEA had a return on equity of 1.40% and a net margin of 0.64%. SEA’s quarterly revenue was up 30.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.26) earnings per share. As a group, equities analysts forecast that Sea Limited will post 0.81 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Dbs Bank upgraded shares of SEA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 13th. Bank of America lifted their price target on SEA from $84.00 to $96.00 and gave the stock a “buy” rating in a research report on Monday, September 23rd. Benchmark upped their price objective on SEA from $94.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. Phillip Securities reiterated a “reduce” rating and issued a $100.00 target price (up previously from $80.00) on shares of SEA in a report on Tuesday, November 19th. Finally, Barclays increased their price target on SEA from $94.00 to $131.00 and gave the company an “overweight” rating in a report on Thursday, November 14th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $91.21.

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.