National Bank of Canada FI Has $54.82 Million Holdings in Sea Limited (NYSE:SE)

National Bank of Canada FI lifted its position in shares of Sea Limited (NYSE:SE) by 22.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 516,671 shares of the Internet company based in Singapore’s stock after purchasing an additional 95,472 shares during the quarter. National Bank of Canada FI owned 0.09% of SEA worth $54,819,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Baillie Gifford & Co. raised its holdings in SEA by 3.5% during the fourth quarter. Baillie Gifford & Co. now owns 40,954,549 shares of the Internet company based in Singapore’s stock worth $4,345,278,000 after buying an additional 1,390,531 shares during the last quarter. WCM Investment Management LLC raised its holdings in shares of SEA by 22.8% in the 4th quarter. WCM Investment Management LLC now owns 25,663,667 shares of the Internet company based in Singapore’s stock worth $2,758,331,000 after acquiring an additional 4,761,289 shares during the last quarter. Norges Bank acquired a new stake in shares of SEA in the 4th quarter worth about $1,493,682,000. Geode Capital Management LLC lifted its position in SEA by 4.2% in the 3rd quarter. Geode Capital Management LLC now owns 3,059,521 shares of the Internet company based in Singapore’s stock valued at $283,543,000 after acquiring an additional 124,433 shares in the last quarter. Finally, William Blair Investment Management LLC boosted its stake in SEA by 32.5% during the 4th quarter. William Blair Investment Management LLC now owns 2,233,158 shares of the Internet company based in Singapore’s stock valued at $236,928,000 after purchasing an additional 547,509 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors.

SEA Price Performance

NYSE:SE opened at $132.61 on Wednesday. Sea Limited has a 52-week low of $51.70 and a 52-week high of $147.73. The stock has a fifty day moving average of $127.88 and a 200 day moving average of $112.45. 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 firm has a market capitalization of $75.90 billion, a price-to-earnings ratio of 884.09 and a beta of 1.62.

Analysts Set New Price Targets

SE has been the topic of a number of recent research reports. Loop Capital raised their target price on SEA from $135.00 to $165.00 and gave the company a “buy” rating in a report on Monday. Jefferies Financial Group raised their price objective on SEA from $131.00 to $157.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th. JPMorgan Chase & Co. upped their target price on shares of SEA from $133.00 to $160.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 5th. Sanford C. Bernstein set a $145.00 price target on shares of SEA and gave the company an “outperform” rating in a research report on Wednesday, March 5th. Finally, Arete Research raised shares of SEA to a “strong-buy” rating in a research report on Sunday, March 23rd. Three investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $121.40.

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.