Columbus Hill Capital Management L.P. Invests $12.92 Million in Sea Ltd (SE)
Columbus Hill Capital Management L.P. purchased a new stake in shares of Sea Ltd (NYSE:SE) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 969,088 shares of the pipeline company’s stock, valued at approximately $12,918,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Citadel Advisors LLC acquired a new stake in shares of SEA during the fourth quarter valued at about $1,585,000. Barings LLC acquired a new position in shares of SEA in the fourth quarter valued at approximately $1,975,000. Lombard Odier Asset Management USA Corp acquired a new position in shares of SEA in the fourth quarter valued at approximately $3,849,000. Picton Mahoney Asset Management acquired a new position in shares of SEA in the fourth quarter valued at approximately $5,438,000. Finally, Employees Retirement System of Texas acquired a new position in shares of SEA in the fourth quarter valued at approximately $6,667,000. Institutional investors and hedge funds own 68.67% of the company’s stock.
Sea Ltd (NYSE SE) opened at $10.67 on Monday. The company has a quick ratio of 0.40, a current ratio of 0.47 and a debt-to-equity ratio of 1.15. The firm has a market cap of $3,490.00 and a P/E ratio of -6.24. Sea Ltd has a twelve month low of $10.56 and a twelve month high of $16.99.
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SEA Company Profile
Sea Limited, formerly Garena Interactive Holding Limited, is an Internet company. The Company operates through three segments: digital entertainment, e-commerce and digital financial services. The Company has developed an integrated platform consisting of digital entertainment focused on online games, e-commerce, and digital financial services focused on e-wallet services.
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