Schroder Investment Management Group Buys 220,800 Shares of Alamos Gold Inc. $AGI

Key Points

• Schroder Investment Management increased its stake in Alamos Gold by 19.3% in Q3, buying 220,800 shares to hold 1,363,589 shares (about 0.32% of the company) worth roughly $47.24 million.
• Alamos beat EPS estimates with $0.54 for the quarter (consensus $0.49) and reported revenue up 53.1% YoY to $575.3M, and the company raised its quarterly dividend to $0.04 (annualized $0.16, ~0.3% yield).
• Analysts maintain a generally positive view—consensus rating is Buy with an average price target of $45.50—while the stock trades around $50.65 (market cap ~$21.3B; 52‑week range $23.33–$55.41).

Schroder Investment Management Group grew its stake in Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI by 19.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,363,589 shares of the basic materials company's stock after purchasing an additional 220,800 shares during the period. Schroder Investment Management Group owned about 0.32% of Alamos Gold worth $47,235,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. 1620 Investment Advisors Inc. acquired a new stake in Alamos Gold during the third quarter worth about $35,000. EverSource Wealth Advisors LLC raised its holdings in Alamos Gold by 69.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,416 shares of the basic materials company's stock valued at $49,000 after acquiring an additional 581 shares in the last quarter. Skandinaviska Enskilda Banken AB publ acquired a new position in Alamos Gold in the 2nd quarter valued at approximately $98,000. Employees Retirement System of Texas bought a new stake in shares of Alamos Gold in the 2nd quarter worth approximately $112,000. Finally, Farther Finance Advisors LLC lifted its position in shares of Alamos Gold by 528.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,468 shares of the basic materials company's stock worth $156,000 after acquiring an additional 3,757 shares during the period. Institutional investors own 64.33% of the company's stock.

Alamos Gold Price Performance

Alamos Gold stock opened at $50.65 on Wednesday. The business has a 50 day simple moving average of $44.06 and a 200 day simple moving average of $37.60. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.00 and a quick ratio of 1.60. The company has a market capitalization of $21.27 billion, a PE ratio of 24.12, a price-to-earnings-growth ratio of 0.68 and a beta of 0.54. Alamos Gold Inc. has a one year low of $23.33 and a one year high of $55.41.

Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last released its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.05. The firm had revenue of $575.30 million during the quarter, compared to analyst estimates of $596.18 million. Alamos Gold had a return on equity of 14.83% and a net margin of 48.97%.The business's revenue for the quarter was up 53.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.25 earnings per share. On average, sell-side analysts forecast that Alamos Gold Inc. will post 1.29 EPS for the current fiscal year.

Alamos Gold Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, March 12th. This is a positive change from Alamos Gold's previous quarterly dividend of $0.03. This represents a $0.16 annualized dividend and a dividend yield of 0.3%. Alamos Gold's dividend payout ratio (DPR) is 7.62%.

Analyst Ratings Changes

AGI has been the topic of a number of research reports. Weiss Ratings restated a "buy (a)" rating on shares of Alamos Gold in a research report on Monday, December 29th. Jefferies Financial Group reaffirmed a "buy" rating and issued a $49.00 target price on shares of Alamos Gold in a research report on Sunday, December 7th. Wall Street Zen downgraded shares of Alamos Gold from a "strong-buy" rating to a "buy" rating in a research note on Sunday, March 1st. Scotiabank boosted their price target on shares of Alamos Gold from $55.00 to $60.00 and gave the company a "sector outperform" rating in a report on Friday, February 6th. Finally, Canadian Imperial Bank of Commerce restated an "outperform" rating on shares of Alamos Gold in a research note on Wednesday, February 4th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $45.50.

Alamos Gold Profile

Alamos Gold Inc is a Canadian-based intermediate gold producer engaged in the exploration, development and operation of mining projects in North America. Its principal activities include the acquisition, exploration and development of gold-bearing properties, and the management of operating mines. The company focuses on sustainable production practices and maintains a portfolio that spans both producing assets and advanced-stage development projects.

Alamos Gold operates multiple open pit and underground mines, including the Young-Davidson and Island Gold mines in Ontario, Canada, and the Mulatos mine in Sonora, Mexico.

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