Susquehanna Advisors Group Inc. Acquires Shares of 421,764 Alamos Gold Inc. (NYSE:AGI)

Susquehanna Advisors Group Inc. acquired a new stake in Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 421,764 shares of the basic materials company's stock, valued at approximately $7,777,000. Susquehanna Advisors Group Inc. owned about 0.10% of Alamos Gold at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Blue Trust Inc. boosted its stake in Alamos Gold by 155.7% in the fourth quarter. Blue Trust Inc. now owns 1,900 shares of the basic materials company's stock valued at $38,000 after buying an additional 1,157 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings 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 worth $46,000 after acquiring an additional 856 shares during the last quarter. R Squared Ltd acquired a new stake in shares of Alamos Gold in the 4th quarter valued at approximately $61,000. Cutler Capital Management LLC bought a new stake in shares of Alamos Gold during the 4th quarter valued at approximately $108,000. Finally, Daiwa Securities Group Inc. acquired a new position in Alamos Gold during the 4th quarter worth approximately $136,000. Institutional investors own 64.33% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on AGI shares. National Bank Financial upgraded shares of Alamos Gold to a "strong-buy" rating in a research report on Friday, March 21st. Royal Bank of Canada boosted their price objective on shares of Alamos Gold from $27.00 to $30.00 and gave the stock an "outperform" rating in a research note on Friday, April 4th. Scotiabank reaffirmed an "outperform" rating on shares of Alamos Gold in a research note on Monday, April 14th. StockNews.com upgraded Alamos Gold from a "hold" rating to a "buy" rating in a report on Tuesday, April 15th. Finally, Bank of America lowered their price target on shares of Alamos Gold from $31.00 to $30.50 and set a "neutral" rating for the company in a report on Tuesday, April 8th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Alamos Gold has an average rating of "Buy" and a consensus price target of $30.38.

Alamos Gold Trading Down 1.1 %

Shares of NYSE:AGI traded down $0.30 during midday trading on Friday, reaching $27.96. The company's stock had a trading volume of 2,251,473 shares, compared to its average volume of 2,542,795. The firm has a 50 day moving average price of $25.72 and a two-hundred day moving average price of $21.79. Alamos Gold Inc. has a fifty-two week low of $14.64 and a fifty-two week high of $31.00. The firm has a market capitalization of $11.76 billion, a price-to-earnings ratio of 40.52, a PEG ratio of 0.40 and a beta of 1.02. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.96 and a current ratio of 1.51.

Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last posted its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.01. The firm had revenue of $375.80 million for the quarter, compared to analysts' expectations of $388.06 million. Alamos Gold had a return on equity of 10.05% and a net margin of 21.11%. As a group, analysts forecast that Alamos Gold Inc. will post 1.29 earnings per share for the current year.

Alamos Gold Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.36%. The ex-dividend date was Thursday, March 13th. Alamos Gold's payout ratio is 14.49%.

Alamos Gold Company Profile

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.