Jefferies Financial Group Inc. Has $934,000 Holdings in Sea Limited (NYSE:SE)

Jefferies Financial Group Inc. lessened its holdings in shares of Sea Limited (NYSE:SE) by 99.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,804 shares of the Internet company based in Singapore’s stock after selling 4,551,863 shares during the period. Jefferies Financial Group Inc.’s holdings in SEA were worth $934,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Baillie Gifford & Co. raised its stake 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 stake in SEA by 22.8% during the fourth 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 buying an additional 4,761,289 shares during the last quarter. Norges Bank bought a new position in SEA during the fourth quarter worth $1,493,682,000. Capital Research Global Investors raised its stake in SEA by 19.5% during the fourth quarter. Capital Research Global Investors now owns 8,126,064 shares of the Internet company based in Singapore’s stock worth $862,175,000 after buying an additional 1,325,183 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in SEA by 4.6% during the fourth quarter. Geode Capital Management LLC now owns 3,201,601 shares of the Internet company based in Singapore’s stock worth $335,084,000 after buying an additional 142,080 shares during the last quarter. Institutional investors own 59.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Arete Research raised shares of SEA to a “strong-buy” rating in a research note on Sunday, March 23rd. Wedbush reaffirmed an “outperform” rating and issued a $135.00 price target on shares of SEA in a research note on Tuesday, April 15th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $170.00 price target on shares of SEA in a research note on Wednesday. UBS Group lifted their price target on shares of SEA from $135.00 to $176.00 and gave the company a “buy” rating in a research note on Friday, March 7th. Finally, Barclays lifted their price target on shares of SEA from $182.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $145.23.

SEA Stock Up 0.9%

Shares of NYSE SE opened at $164.62 on Friday. The stock has a market capitalization of $96.98 billion, a P/E ratio of 1,097.47 and a beta of 1.70. The company has a 50-day moving average price of $128.65 and a 200-day moving average price of $120.04. Sea Limited has a 1 year low of $55.00 and a 1 year high of $164.71. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60.

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.