66,478 Shares in Seabridge Gold, Inc. $SA Purchased by Nuveen LLC

Nuveen LLC purchased a new position in shares of Seabridge Gold, Inc. (NYSE:SA - Free Report) TSE: SEA during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 66,478 shares of the basic materials company's stock, valued at approximately $774,000. Nuveen LLC owned approximately 0.07% of Seabridge Gold at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Seabridge Gold by 2.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 75,450 shares of the basic materials company's stock worth $861,000 after acquiring an additional 1,490 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Seabridge Gold by 5.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 27,850 shares of the basic materials company's stock worth $318,000 after purchasing an additional 1,500 shares during the last quarter. Confluence Investment Management LLC grew its position in Seabridge Gold by 3.8% during the 1st quarter. Confluence Investment Management LLC now owns 44,811 shares of the basic materials company's stock worth $523,000 after purchasing an additional 1,621 shares during the last quarter. CWM LLC grew its position in Seabridge Gold by 13.4% during the 1st quarter. CWM LLC now owns 15,026 shares of the basic materials company's stock worth $175,000 after purchasing an additional 1,775 shares during the last quarter. Finally, Banque Cantonale Vaudoise purchased a new position in Seabridge Gold during the 1st quarter worth $26,000. 34.85% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded shares of Seabridge Gold from a "hold" rating to a "sell" rating in a research report on Saturday, August 16th.

Seabridge Gold Stock Performance

Shares of NYSE:SA traded down $0.27 during midday trading on Thursday, hitting $17.35. The stock had a trading volume of 675,554 shares, compared to its average volume of 850,416. The company has a market capitalization of $1.77 billion, a PE ratio of -45.64 and a beta of 0.68. The stock has a 50 day moving average price of $16.11 and a two-hundred day moving average price of $13.58. The company has a current ratio of 4.24, a quick ratio of 4.24 and a debt-to-equity ratio of 0.57. Seabridge Gold, Inc. has a 1 year low of $9.40 and a 1 year high of $20.55.

Seabridge Gold (NYSE:SA - Get Free Report) TSE: SEA last issued its earnings results on Wednesday, August 13th. The basic materials company reported $0.09 earnings per share for the quarter.

Seabridge Gold Profile

Seabridge Gold Inc, together with its subsidiaries, engages in the acquisition and exploration of gold properties in North America. The company also explores for gold, copper, silver, and molybdenum deposits. The company was formerly known as Seabridge Resources Inc and changed its name to Seabridge Gold Inc in June 2002.