Alamos Gold Inc. (NYSE:AGI) Shares Purchased by Mudita Advisors LLP

Mudita Advisors LLP grew its holdings in shares of Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI by 38.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 497,251 shares of the basic materials company's stock after purchasing an additional 137,761 shares during the quarter. Alamos Gold comprises approximately 5.1% of Mudita Advisors LLP's portfolio, making the stock its 7th biggest holding. Mudita Advisors LLP owned 0.12% of Alamos Gold worth $9,169,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Baird Financial Group Inc. boosted its holdings in shares of Alamos Gold by 0.3% during the fourth quarter. Baird Financial Group Inc. now owns 181,611 shares of the basic materials company's stock worth $3,349,000 after purchasing an additional 614 shares during the period. Veracity Capital LLC grew its stake in shares of Alamos Gold by 3.2% in the 4th quarter. Veracity Capital LLC now owns 22,569 shares of the basic materials company's stock worth $416,000 after buying an additional 694 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Alamos Gold by 1.2% during the fourth quarter. NewEdge Advisors LLC now owns 72,751 shares of the basic materials company's stock valued at $1,342,000 after acquiring an additional 854 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Alamos Gold by 51.8% during 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 in the last quarter. Finally, Wilmington Savings Fund Society FSB lifted its position in Alamos Gold by 4.8% in the 4th 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. Institutional investors own 64.33% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. StockNews.com cut Alamos Gold from a "buy" rating to a "hold" rating in a research report on Monday, May 5th. Royal Bank of Canada raised their price target on Alamos Gold from $27.00 to $30.00 and gave the company an "outperform" rating in a report on Friday, April 4th. National Bank Financial raised Alamos Gold to a "strong-buy" rating in a research report on Friday, March 21st. Bank of America decreased their target price on Alamos Gold from $31.00 to $30.50 and set a "neutral" rating for the company in a research report on Tuesday, April 8th. Finally, Scotiabank reiterated an "outperform" rating on shares of Alamos Gold in a report on Monday, April 14th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $30.38.

Alamos Gold Trading Down 0.4%

AGI stock traded down $0.10 during mid-day trading on Friday, hitting $24.44. 3,062,822 shares of the company were exchanged, compared to its average volume of 2,704,011. The firm has a market capitalization of $10.28 billion, a P/E ratio of 35.43, a PEG ratio of 0.40 and a beta of 0.60. Alamos Gold Inc. has a 12-month low of $15.01 and a 12-month high of $31.00. The company has a quick ratio of 0.96, a current ratio of 1.51 and a debt-to-equity ratio of 0.08. The business has a fifty day simple moving average of $26.66 and a 200-day simple moving average of $22.42.

Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last issued its earnings results on Wednesday, April 30th. The basic materials company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.05). Alamos Gold had a net margin of 21.11% and a return on equity of 10.05%. The firm had revenue of $333.00 million during the quarter, compared to analyst estimates of $324.98 million. During the same period last year, the business earned $0.13 EPS. The firm's revenue was up 20.0% compared to the same quarter last year. On average, equities research analysts predict that Alamos Gold Inc. will post 1.29 earnings per share for the current fiscal year.

Alamos Gold Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a dividend of $0.025 per share. The ex-dividend date was Thursday, March 13th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.41%. Alamos Gold's dividend payout ratio (DPR) is 16.13%.

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.