Farther Finance Advisors LLC Has $39,000 Holdings in Sea Limited (NYSE:SE)

Farther Finance Advisors LLC raised its holdings in shares of Sea Limited (NYSE:SE) by 43.8% in the 4th quarter, HoldingsChannel reports. The firm owned 368 shares of the Internet company based in Singapore’s stock after buying an additional 112 shares during the period. Farther Finance Advisors LLC’s holdings in SEA were worth $39,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Private Trust Co. NA lifted its holdings in shares of SEA by 474.4% during the fourth quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore’s stock worth $26,000 after buying an additional 204 shares in the last quarter. Kestra Investment Management LLC bought a new stake in shares of SEA during the fourth quarter worth about $34,000. Truvestments Capital LLC bought a new stake in shares of SEA during the third quarter worth about $41,000. Icon Wealth Advisors LLC bought a new stake in shares of SEA during the third quarter worth about $47,000. Finally, Geneos Wealth Management Inc. lifted its stake in shares of SEA by 4,663.6% in the fourth quarter. Geneos Wealth Management Inc. now owns 524 shares of the Internet company based in Singapore’s stock worth $56,000 after acquiring an additional 513 shares during the period. Institutional investors and hedge funds own 59.53% of the company’s stock.

SEA Stock Performance

NYSE:SE opened at $126.01 on Monday. The business’s 50-day moving average price is $125.30 and its two-hundred day moving average price is $109.85. Sea Limited has a twelve month low of $51.70 and a twelve month high of $147.73. The stock has a market cap of $72.12 billion, a P/E ratio of 840.04 and a beta of 1.62. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36.

Wall Street Analysts Forecast Growth

SE has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their price target on SEA from $133.00 to $160.00 and gave the company an “overweight” rating in a research note on Wednesday, March 5th. Jefferies Financial Group boosted their price objective on SEA from $131.00 to $157.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Phillip Securities upgraded SEA from a “moderate sell” rating to a “hold” rating in a report on Friday, March 7th. Benchmark upped their price target on SEA from $130.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, March 5th. Finally, Barclays upped their price objective on SEA from $148.00 to $182.00 and gave the company an “overweight” rating in a research note on Friday, March 7th. Three analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $116.67.

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.