Yeomans Consulting Group Inc. Takes Position in Sea Limited (NYSE:SE)

Yeomans Consulting Group Inc. bought a new position in Sea Limited (NYSE:SE) during the 4th quarter, HoldingsChannel reports. The fund bought 2,506 shares of the Internet company based in Singapore’s stock, valued at approximately $266,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SE. Rosenberg Matthew Hamilton lifted its holdings in SEA by 213.7% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 298 shares of the Internet company based in Singapore’s stock worth $28,000 after buying an additional 203 shares during the period. Truvestments Capital LLC bought a new position in shares of SEA during the third quarter valued at approximately $41,000. Icon Wealth Advisors LLC purchased a new stake in SEA in the third quarter worth $47,000. TD Private Client Wealth LLC boosted its holdings in SEA by 33.7% in the third quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore’s stock valued at $57,000 after acquiring an additional 152 shares in the last quarter. Finally, SOA Wealth Advisors LLC. increased its position in SEA by 33.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore’s stock valued at $57,000 after purchasing an additional 150 shares during the period. 59.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on SE. Phillip Securities reaffirmed a “reduce” rating and set a $100.00 target price (up previously from $80.00) on shares of SEA in a research note on Tuesday, November 19th. Barclays upped their target price on SEA from $94.00 to $131.00 and gave the stock an “overweight” rating in a report on Thursday, November 14th. TD Cowen raised their target price on SEA from $69.00 to $100.00 and gave the company a “hold” rating in a research note on Wednesday, November 13th. Benchmark upped their price target on SEA from $94.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Finally, Dbs Bank raised SEA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, two have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $91.21.

SEA Stock Down 1.6 %

Shares of SEA stock opened at $116.44 on Friday. The company has a 50-day simple moving average of $112.14 and a two-hundred day simple moving average of $93.46. Sea Limited has a 52-week low of $38.10 and a 52-week high of $119.47. 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 stock has a market capitalization of $66.64 billion, a PE ratio of 776.24 and a beta of 1.54.

SEA (NYSE:SE) last released its quarterly earnings data on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.35). The business had revenue of $4.33 billion during the quarter, compared to the consensus estimate of $4.09 billion. SEA had a net margin of 0.64% and a return on equity of 1.40%. The business’s revenue was up 30.8% compared to the same quarter last year. During the same period last year, the company posted ($0.26) earnings per share. On average, analysts anticipate that Sea Limited will post 0.76 EPS for the current fiscal 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.