Dorsey & Whitney Trust CO LLC Invests $206,000 in Sea Limited (NYSE:SE)

Dorsey & Whitney Trust CO LLC acquired a new position in Sea Limited (NYSE:SE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,940 shares of the Internet company based in Singapore’s stock, valued at approximately $206,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SE. Private Trust Co. NA increased its stake in shares of SEA by 474.4% in the fourth quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore’s stock worth $26,000 after purchasing an additional 204 shares in the last quarter. Kestra Investment Management LLC bought a new position in SEA in the 4th quarter worth approximately $34,000. Truvestments Capital LLC purchased a new position in SEA in the 3rd quarter valued at approximately $41,000. Icon Wealth Advisors LLC bought a new stake in SEA during the 3rd quarter valued at $47,000. Finally, Geneos Wealth Management Inc. lifted its position in shares of SEA by 4,663.6% during 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 in the last quarter. 59.53% of the stock is currently owned by institutional investors.

SEA Stock Performance

NYSE SE opened at $127.62 on Wednesday. The company has a market capitalization of $73.04 billion, a P/E ratio of 850.83 and a beta of 1.62. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. Sea Limited has a 52-week low of $51.70 and a 52-week high of $147.73. The company has a fifty day moving average of $121.66 and a 200-day moving average of $106.85.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on SE shares. UBS Group lifted their price target on SEA from $135.00 to $176.00 and gave the company a “buy” rating in a research report on Friday, March 7th. Jefferies Financial Group lifted their target price on SEA from $131.00 to $157.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Sanford C. Bernstein set a $145.00 price target on shares of SEA and gave the stock an “outperform” rating in a report on Wednesday, March 5th. JPMorgan Chase & Co. boosted their price objective on shares of SEA from $133.00 to $160.00 and gave the company an “overweight” rating in a research note on Wednesday, March 5th. Finally, Dbs Bank upgraded shares of SEA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 13th. Three investment analysts have rated the stock with 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.com, SEA currently has a consensus rating of “Moderate Buy” and an average price target of $116.67.

SEA Company 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.