Segall Bryant & Hamill LLC lessened its holdings in shares of Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI by 3.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,385,651 shares of the basic materials company's stock after selling 49,225 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.33% of Alamos Gold worth $25,551,000 at the end of the most recent reporting period.
Several other large investors have also recently modified their holdings of the business. Natixis Advisors LLC raised its holdings in Alamos Gold by 2.0% during the 3rd quarter. Natixis Advisors LLC now owns 27,681 shares of the basic materials company's stock valued at $552,000 after acquiring an additional 531 shares during the period. Veracity Capital LLC grew its holdings in Alamos Gold by 3.2% during the 4th quarter. Veracity Capital LLC now owns 22,569 shares of the basic materials company's stock valued at $416,000 after buying an additional 694 shares in the last quarter. Captrust Financial Advisors increased its position in shares of Alamos Gold by 4.0% during the third quarter. Captrust Financial Advisors now owns 18,798 shares of the basic materials company's stock valued at $375,000 after buying an additional 728 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Alamos Gold by 51.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,510 shares of the basic materials company's stock valued at $46,000 after acquiring an additional 856 shares during the period. Finally, Wilmington Savings Fund Society FSB grew its stake in Alamos Gold by 4.8% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 21,700 shares of the basic materials company's stock valued at $400,000 after acquiring an additional 1,000 shares in the last quarter. Hedge funds and other institutional investors own 64.33% of the company's stock.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the stock. StockNews.com cut shares of Alamos Gold from a "buy" rating to a "hold" rating in a research note on Saturday. Royal Bank of Canada increased their price objective on Alamos Gold from $25.00 to $27.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 11th. Finally, National Bank Financial upgraded Alamos Gold to a "strong-buy" rating in a research note on Friday, March 21st. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Alamos Gold presently has an average rating of "Buy" and an average target price of $26.06.
Read Our Latest Stock Analysis on AGI
Alamos Gold Price Performance
Shares of NYSE AGI traded down $0.15 during mid-day trading on Friday, reaching $26.57. 3,772,852 shares of the company were exchanged, compared to its average volume of 2,452,317. The stock has a market capitalization of $11.17 billion, a PE ratio of 38.50, a PEG ratio of 0.40 and a beta of 1.15. The company has a quick ratio of 0.96, a current ratio of 1.51 and a debt-to-equity ratio of 0.08. Alamos Gold Inc. has a 52 week low of $14.31 and a 52 week high of $27.25. The company's 50 day moving average price is $23.13 and its 200 day moving average price is $20.74.
Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. The firm had revenue of $375.80 million for the quarter, compared to analyst estimates of $388.06 million. Alamos Gold had a return on equity of 10.05% and a net margin of 21.11%. Sell-side analysts forecast that Alamos Gold Inc. will post 1.29 earnings per share for the current fiscal year.
Alamos Gold Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date was Thursday, March 13th. Alamos Gold's payout ratio is currently 14.49%.
Alamos Gold Profile
(
Free Report)
Alamos Gold Inc engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold deposits. It holds 100% interest in the Young-Davidson mine and Island Gold mine located in the Ontario, Canada; Mulatos mine located in the Sonora, Mexico; and Lynn Lake project situated in the Manitoba, Canada.
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