Intellus Advisors LLC Invests $240,000 in Sea Limited Sponsored ADR $SE

Intellus Advisors LLC bought a new position in shares of Sea Limited Sponsored ADR (NYSE:SE) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 1,500 shares of the Internet company based in Singapore’s stock, valued at approximately $240,000.

Several other institutional investors also recently bought and sold shares of SE. MAI Capital Management boosted its stake in shares of SEA by 7.3% in the first quarter. MAI Capital Management now owns 1,198 shares of the Internet company based in Singapore’s stock valued at $156,000 after purchasing an additional 82 shares during the period. Pacer Advisors Inc. boosted its position in SEA by 2.9% in the 1st quarter. Pacer Advisors Inc. now owns 3,082 shares of the Internet company based in Singapore’s stock valued at $402,000 after buying an additional 87 shares during the period. Venturi Wealth Management LLC grew its stake in shares of SEA by 2.3% in the second quarter. Venturi Wealth Management LLC now owns 5,147 shares of the Internet company based in Singapore’s stock worth $823,000 after acquiring an additional 114 shares in the last quarter. Vestcor Inc raised its stake in shares of SEA by 2.3% in the first quarter. Vestcor Inc now owns 5,658 shares of the Internet company based in Singapore’s stock valued at $738,000 after acquiring an additional 128 shares in the last quarter. Finally, Cullen Frost Bankers Inc. boosted its holdings in SEA by 49.2% in the second quarter. Cullen Frost Bankers Inc. now owns 394 shares of the Internet company based in Singapore’s stock valued at $63,000 after purchasing an additional 130 shares during the period. 59.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on SE. Barclays boosted their price objective on shares of SEA from $214.00 to $226.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Morgan Stanley set a $209.00 target price on SEA in a research note on Wednesday, October 22nd. Wall Street Zen downgraded SEA from a “buy” rating to a “hold” rating in a research note on Sunday, October 26th. TD Cowen dropped their target price on shares of SEA from $165.00 to $144.00 and set a “hold” rating for the company in a report on Monday, November 10th. Finally, Arete lowered shares of SEA from a “buy” rating to a “neutral” rating and set a $177.00 price objective on the stock. in a report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, SEA currently has an average rating of “Moderate Buy” and a consensus target price of $193.64.

SEA Price Performance

NYSE SE opened at $131.60 on Monday. The stock has a market capitalization of $77.53 billion, a PE ratio of 57.72 and a beta of 1.55. The company has a quick ratio of 1.42, a current ratio of 1.44 and a debt-to-equity ratio of 0.03. The company has a 50 day moving average price of $167.49 and a two-hundred day moving average price of $165.33. Sea Limited Sponsored ADR has a 12-month low of $99.50 and a 12-month high of $199.30.

SEA (NYSE:SE) last released its quarterly earnings results on Tuesday, November 11th. The Internet company based in Singapore reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.52). The firm had revenue of $5.99 billion during the quarter, compared to the consensus estimate of $5.63 billion. SEA had a net margin of 6.80% and a return on equity of 15.19%. The company’s revenue for the quarter was up 38.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.24 EPS. As a group, equities analysts predict that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current fiscal year.

SEA declared that its board has initiated a stock buyback program on Monday, November 17th that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the Internet company based in Singapore to buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

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.