36,527 Shares in Alamos Gold Inc. (NYSE:AGI) Acquired by Cantor Fitzgerald L. P.

Cantor Fitzgerald L. P. purchased a new position in shares of Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 36,527 shares of the basic materials company's stock, valued at approximately $674,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Blue Trust Inc. raised its position in shares of Alamos Gold by 155.7% during the 4th 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 during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its holdings in 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 purchasing an additional 856 shares during the last quarter. R Squared Ltd bought a new position in Alamos Gold during the fourth quarter worth about $61,000. Cutler Capital Management LLC acquired a new position in shares of Alamos Gold during the 4th quarter worth about $108,000. Finally, Daiwa Securities Group Inc. bought a new stake in shares of Alamos Gold in the 4th quarter valued at about $136,000. 64.33% of the stock is owned by institutional investors.

Alamos Gold Stock Performance

Shares of Alamos Gold stock traded up $0.45 during trading on Friday, hitting $27.06. 3,654,965 shares of the stock were exchanged, compared to its average volume of 2,662,708. The company has a current ratio of 1.51, a quick ratio of 0.96 and a debt-to-equity ratio of 0.08. The company has a fifty day moving average price of $26.61 and a 200-day moving average price of $22.33. The stock has a market capitalization of $11.38 billion, a price-to-earnings ratio of 39.22, a price-to-earnings-growth ratio of 0.40 and a beta of 0.60. Alamos Gold Inc. has a 1-year low of $15.01 and a 1-year high of $31.00.

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

Alamos Gold Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.10 dividend on an annualized basis and a yield of 0.37%. Alamos Gold's dividend payout ratio (DPR) is 16.13%.

Wall Street Analyst Weigh In

AGI has been the topic of several analyst reports. StockNews.com lowered shares of Alamos Gold from a "buy" rating to a "hold" rating in a report on Monday, May 5th. Scotiabank reiterated an "outperform" rating on shares of Alamos Gold in a report on Monday, April 14th. 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 report on Friday, April 4th. Bank of America cut their price objective on Alamos Gold from $31.00 to $30.50 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Finally, National Bank Financial raised Alamos Gold to a "strong-buy" rating in a research note on Friday, March 21st. 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 stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $30.38.

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.