Epoch Investment Partners Inc. Buys 24,503 Shares of Alamos Gold Inc. (NYSE:AGI)

Epoch Investment Partners Inc. boosted its position in shares of Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI by 13.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 206,983 shares of the basic materials company's stock after acquiring an additional 24,503 shares during the quarter. Epoch Investment Partners Inc.'s holdings in Alamos Gold were worth $3,817,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in AGI. Barclays PLC raised its stake in Alamos Gold by 46.6% in the 3rd quarter. Barclays PLC now owns 322,402 shares of the basic materials company's stock valued at $6,428,000 after acquiring an additional 102,525 shares during the period. Geode Capital Management LLC lifted its stake in shares of Alamos Gold by 11.1% during the 3rd quarter. Geode Capital Management LLC now owns 299,612 shares of the basic materials company's stock worth $6,224,000 after buying an additional 29,933 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Alamos Gold during the 3rd quarter worth about $724,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Alamos Gold during the 3rd quarter worth about $413,000. Finally, Tidal Investments LLC raised its holdings in Alamos Gold by 267.0% in the 3rd quarter. Tidal Investments LLC now owns 68,735 shares of the basic materials company's stock valued at $1,371,000 after acquiring an additional 50,005 shares during the period. Institutional investors and hedge funds own 64.33% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. National Bank Financial upgraded Alamos Gold to a "strong-buy" rating in a report on Friday, March 21st. StockNews.com upgraded Alamos Gold from a "hold" rating to a "buy" rating in a research note on Tuesday, April 15th. Royal Bank of Canada increased their price objective on Alamos Gold from $27.00 to $30.00 and gave the stock an "outperform" rating in a research report on Friday, April 4th. Bank of America reduced their target price on shares of 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 reaffirmed an "outperform" rating on shares of Alamos Gold in a research report on Monday, April 14th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of $30.38.

Alamos Gold Price Performance

Shares of NYSE AGI traded down $0.30 during mid-day trading on Friday, reaching $27.96. The company had a trading volume of 2,251,473 shares, compared to its average volume of 2,542,799. The firm has a market cap 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 business's 50-day simple moving average is $25.83 and its 200 day simple moving average is $21.85. Alamos Gold Inc. has a one year low of $14.64 and a one year high of $31.00. 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 the consensus estimate of $0.24 by $0.01. Alamos Gold had a net margin of 21.11% and a return on equity of 10.05%. The business had revenue of $375.80 million for the quarter, compared to analyst estimates of $388.06 million. On average, research analysts predict that Alamos Gold Inc. will post 1.29 earnings per share for the current fiscal year.

Alamos Gold Announces Dividend

The firm 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 dividend on an annualized basis and a dividend yield of 0.36%. Alamos Gold's dividend payout ratio (DPR) is currently 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.