Mesirow Financial Investment Management Inc. Purchases 366 Shares of Sea Limited (NYSE:SE)

Mesirow Financial Investment Management Inc. increased its position in shares of Sea Limited (NYSE:SE) by 7.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,007 shares of the Internet company based in Singapore’s stock after acquiring an additional 366 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in SEA were worth $531,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. SOA Wealth Advisors LLC. boosted its stake 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 worth $57,000 after acquiring an additional 150 shares during the last quarter. TD Private Client Wealth LLC boosted its stake in SEA by 33.7% during the 3rd quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore’s stock worth $57,000 after acquiring an additional 152 shares during the last quarter. Ballentine Partners LLC boosted its stake in SEA by 5.6% during the 4th quarter. Ballentine Partners LLC now owns 2,970 shares of the Internet company based in Singapore’s stock worth $315,000 after acquiring an additional 158 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in SEA by 2.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 6,357 shares of the Internet company based in Singapore’s stock worth $599,000 after acquiring an additional 160 shares during the last quarter. Finally, Moseley Investment Management Inc. boosted its stake in SEA by 4.3% during the 4th quarter. Moseley Investment Management Inc. now owns 3,870 shares of the Internet company based in Singapore’s stock worth $411,000 after acquiring an additional 161 shares during the last quarter. Institutional investors own 59.53% of the company’s stock.

Wall Street Analysts Forecast Growth

SE has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of SEA from $133.00 to $160.00 and gave the stock an “overweight” rating in a research note on Wednesday. UBS Group raised their target price on shares of SEA from $135.00 to $176.00 and gave the stock a “buy” rating in a report on Friday. Jefferies Financial Group raised their target price on shares of SEA from $131.00 to $157.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. TD Cowen raised their target price on shares of SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a report on Wednesday, November 13th. Finally, Barclays lifted their price objective on shares of SEA from $148.00 to $182.00 and gave the company an “overweight” rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, SEA has an average rating of “Moderate Buy” and an average price target of $111.67.

SEA Stock Performance

NYSE SE opened at $135.93 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. The firm’s fifty day moving average price is $121.27 and its two-hundred day moving average price is $106.36. Sea Limited has a 1 year low of $51.70 and a 1 year high of $147.73. The firm has a market capitalization of $77.80 billion, a P/E ratio of 906.18 and a beta of 1.62.

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.