9,918 Shares in Alamos Gold Inc. (NYSE:AGI) Bought by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC purchased a new position in Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 9,918 shares of the basic materials company's stock, valued at approximately $265,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in Alamos Gold during the fourth quarter valued at approximately $28,950,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Alamos Gold by 93.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 178,170 shares of the basic materials company's stock worth $3,285,000 after purchasing an additional 86,137 shares during the period. Daiwa Securities Group Inc. purchased a new stake in Alamos Gold during the 4th quarter valued at approximately $136,000. Swiss National Bank grew its holdings in shares of Alamos Gold by 0.5% in the fourth quarter. Swiss National Bank now owns 828,936 shares of the basic materials company's stock valued at $15,286,000 after purchasing an additional 3,900 shares in the last quarter. Finally, Alpine Woods Capital Investors LLC lifted its position in Alamos Gold by 52.6% in the fourth quarter. Alpine Woods Capital Investors LLC now owns 87,000 shares of the basic materials company's stock worth $1,604,000 after buying an additional 30,000 shares during the last quarter. Institutional investors own 64.33% of the company's stock.

Alamos Gold Price Performance

Shares of AGI traded down $0.24 during mid-day trading on Tuesday, reaching $26.30. The company had a trading volume of 3,468,811 shares, compared to its average volume of 2,932,840. Alamos Gold Inc. has a twelve month low of $15.74 and a twelve month high of $31.00. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 0.94. The company's 50-day moving average is $26.36 and its 200-day moving average is $24.67. The company has a market capitalization of $11.06 billion, a P/E ratio of 42.41, a P/E/G ratio of 0.56 and a beta of 0.54.

Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last announced its quarterly earnings data on Wednesday, April 30th. The basic materials company reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.19 by ($0.05). The firm had revenue of $333.00 million during the quarter, compared to the consensus estimate of $324.98 million. Alamos Gold had a net margin of 18.36% and a return on equity of 9.83%. The firm's quarterly revenue was up 20.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.13 earnings per share. On average, equities analysts anticipate that Alamos Gold Inc. will post 1.29 EPS for the current year.

Alamos Gold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Investors of record on Thursday, June 12th were paid a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 0.38%. The ex-dividend date was Thursday, June 12th. Alamos Gold's payout ratio is presently 16.13%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Wall Street Zen lowered Alamos Gold from a "buy" rating to a "hold" rating in a research note on Monday, May 5th. Stifel Canada upgraded Alamos Gold to a "strong-buy" rating in a report on Tuesday, July 8th. Scotiabank reissued an "outperform" rating on shares of Alamos Gold in a research report on Monday, April 14th. Stifel Nicolaus began coverage on Alamos Gold in a research note on Wednesday, July 9th. They issued a "buy" rating on the stock. Finally, Bank of America cut their price target on Alamos Gold from $31.00 to $30.50 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Alamos Gold presently has an average rating of "Buy" and a consensus price target of $30.38.

About Alamos Gold

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.