Gotham Asset Management LLC Has $1.33 Million Stock Holdings in Alamos Gold Inc. (NYSE:AGI)

Gotham Asset Management LLC reduced its stake in Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI by 37.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 71,992 shares of the basic materials company's stock after selling 42,733 shares during the quarter. Gotham Asset Management LLC's holdings in Alamos Gold were worth $1,328,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. grew its stake in shares of 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 acquiring an additional 1,157 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Alamos Gold by 51.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,510 shares of the basic materials company's stock valued at $46,000 after purchasing an additional 856 shares during the period. R Squared Ltd bought a new stake in Alamos Gold in the 4th quarter valued at about $61,000. Cutler Capital Management LLC acquired a new position in shares of Alamos Gold during the 4th quarter worth approximately $108,000. Finally, Daiwa Securities Group Inc. bought a new position in shares of Alamos Gold during the fourth quarter worth approximately $136,000. 64.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AGI has been the topic of a number of analyst reports. Royal Bank of Canada increased their price target on Alamos Gold from $27.00 to $30.00 and gave the stock an "outperform" rating in a research report on Friday, April 4th. National Bank Financial upgraded Alamos Gold to a "strong-buy" rating in a research report on Friday, March 21st. Scotiabank restated an "outperform" rating on shares of Alamos Gold in a research report on Monday, April 14th. Bank of America dropped their price target on Alamos Gold from $31.00 to $30.50 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Finally, Wall Street Zen downgraded shares of Alamos Gold from a "buy" rating to a "hold" rating in a research note on Monday, May 5th. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Alamos Gold presently has a consensus rating of "Moderate Buy" and a consensus price target of $30.38.

Alamos Gold Price Performance

Shares of AGI stock traded down $0.40 on Thursday, reaching $25.71. The company had a trading volume of 938,580 shares, compared to its average volume of 3,416,223. The business's 50-day moving average is $26.71 and its 200 day moving average is $22.55. Alamos Gold Inc. has a one year low of $15.01 and a one year 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 stock has a market capitalization of $10.81 billion, a PE ratio of 37.27, a price-to-earnings-growth ratio of 0.40 and a beta of 0.60.

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

Alamos Gold Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.10 annualized dividend and a dividend yield of 0.39%. Alamos Gold's dividend payout ratio (DPR) is presently 16.13%.

Alamos Gold 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.