36,527 Shares in Alamos Gold Inc. (NYSE:AGI) Bought 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 Securities and Exchange Commission (SEC). The institutional investor purchased 36,527 shares of the basic materials company's stock, valued at approximately $674,000.

A number of other institutional investors and hedge funds have also bought and sold shares of AGI. Vanguard Group Inc. raised its stake in shares of Alamos Gold by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 15,995,738 shares of the basic materials company's stock worth $295,105,000 after purchasing an additional 279,280 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Alamos Gold by 17.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 9,440,153 shares of the basic materials company's stock worth $173,991,000 after buying an additional 1,424,550 shares during the last quarter. CIBC Asset Management Inc raised its stake in shares of Alamos Gold by 59.0% in the fourth quarter. CIBC Asset Management Inc now owns 7,726,726 shares of the basic materials company's stock valued at $142,936,000 after buying an additional 2,867,027 shares during the period. Renaissance Technologies LLC lifted its position in shares of Alamos Gold by 4.4% during the 4th quarter. Renaissance Technologies LLC now owns 7,534,253 shares of the basic materials company's stock valued at $138,932,000 after buying an additional 318,360 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Alamos Gold by 296.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 7,375,892 shares of the basic materials company's stock worth $136,011,000 after acquiring an additional 5,516,186 shares during the period. 64.33% of the stock is owned by hedge funds and other institutional investors.

Alamos Gold Price Performance

Shares of Alamos Gold stock traded down $0.09 during trading on Wednesday, hitting $27.15. The stock had a trading volume of 3,212,509 shares, compared to its average volume of 2,647,688. The company has a current ratio of 1.51, a quick ratio of 0.96 and a debt-to-equity ratio of 0.08. Alamos Gold Inc. has a 12 month low of $15.01 and a 12 month high of $31.00. The firm has a market cap of $11.42 billion, a price-to-earnings ratio of 39.35, a P/E/G ratio of 0.40 and a beta of 0.60. The business's 50-day moving average is $26.46 and its 200 day moving average is $22.24.

Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last released its quarterly 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 business had revenue of $333.00 million during the quarter, compared to analysts' expectations of $324.98 million. During the same period in the previous year, the business earned $0.13 EPS. The business's revenue was up 20.0% on a year-over-year basis. As a group, sell-side analysts anticipate that Alamos Gold Inc. will post 1.29 earnings per share for the current year.

Alamos Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date of this dividend was Thursday, March 13th. Alamos Gold's payout ratio is currently 16.13%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. National Bank Financial raised shares of Alamos Gold to a "strong-buy" rating in a report on Friday, March 21st. Scotiabank reiterated an "outperform" rating on shares of Alamos Gold in a research note on Monday, April 14th. StockNews.com downgraded Alamos Gold from a "buy" rating to a "hold" rating in a research report on Monday. Royal Bank of Canada lifted their price target on Alamos Gold from $27.00 to $30.00 and gave the company an "outperform" rating in a research report on Friday, April 4th. Finally, Bank of America dropped 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. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus 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.