Alamos Gold Inc. (NYSE:AGI) Shares Sold by First Trust Advisors LP

First Trust Advisors LP reduced 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 13F filing with the Securities & Exchange Commission. The firm owned 200,004 shares of the basic materials company's stock after selling 30,905 shares during the quarter. First Trust Advisors LP's holdings in Alamos Gold were worth $3,689,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Epoch Investment Partners Inc. increased its position in Alamos Gold by 13.4% during the 4th quarter. Epoch Investment Partners Inc. now owns 206,983 shares of the basic materials company's stock valued at $3,817,000 after purchasing an additional 24,503 shares during the period. Canada Pension Plan Investment Board increased its holdings in Alamos Gold by 41.9% during the fourth quarter. Canada Pension Plan Investment Board now owns 1,306,764 shares of the basic materials company's stock valued at $24,078,000 after buying an additional 385,576 shares during the period. Marshall Wace LLP raised its stake in Alamos Gold by 325.2% in the fourth quarter. Marshall Wace LLP now owns 97,229 shares of the basic materials company's stock worth $1,793,000 after buying an additional 74,362 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in Alamos Gold by 1.2% during the fourth quarter. NewEdge Advisors LLC now owns 72,751 shares of the basic materials company's stock worth $1,342,000 after buying an additional 854 shares during the period. Finally, Bridgewater Associates LP boosted its position in Alamos Gold by 101.4% during the 4th quarter. Bridgewater Associates LP now owns 280,342 shares of the basic materials company's stock valued at $5,170,000 after acquiring an additional 141,151 shares in the last quarter. 64.33% of the stock is owned by institutional investors.

Alamos Gold Stock Up 6.1 %

Shares of AGI stock traded up $1.57 during trading hours on Tuesday, reaching $27.27. 6,101,191 shares of the company's stock were exchanged, compared to its average volume of 2,634,213. The stock has a market cap of $11.47 billion, a PE ratio of 39.52, a PEG ratio of 0.40 and a beta of 1.02. 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 stock's fifty day moving average price is $26.28 and its two-hundred day moving average price is $22.17. 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 released its 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). The company had revenue of $333.00 million for the quarter, compared to analysts' expectations of $324.98 million. Alamos Gold had a return on equity of 10.05% and a net margin of 21.11%. The firm's revenue for the quarter was up 20.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.13 EPS. Research analysts predict that Alamos Gold Inc. will post 1.29 EPS for the current year.

Alamos Gold Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were paid a $0.025 dividend. 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 Analysts Forecast Growth

A number of brokerages recently weighed in on AGI. Bank of America decreased their price objective on Alamos Gold from $31.00 to $30.50 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. National Bank Financial upgraded shares of Alamos Gold to a "strong-buy" rating in a report on Friday, March 21st. StockNews.com lowered shares of Alamos Gold from a "buy" rating to a "hold" rating in a research note on Monday. Scotiabank reissued an "outperform" rating on shares of Alamos Gold in a research report on Monday, April 14th. Finally, Royal Bank of Canada lifted their price target on shares of Alamos Gold from $27.00 to $30.00 and gave the stock an "outperform" rating in a report on Friday, April 4th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Alamos Gold presently has an average rating of "Moderate Buy" and a consensus target price of $30.38.

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.