Janus Henderson Group PLC Has $11.99 Million Position in Alamos Gold Inc. (NYSE:AGI)

Janus Henderson Group PLC decreased its position in shares of Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI by 19.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 650,127 shares of the basic materials company's stock after selling 158,896 shares during the quarter. Janus Henderson Group PLC owned about 0.15% of Alamos Gold worth $11,992,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Dimensional Fund Advisors LP raised its holdings in shares of Alamos Gold by 296.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 7,375,892 shares of the basic materials company's stock valued at $136,011,000 after buying an additional 5,516,186 shares during the last quarter. Norges Bank bought a new position in shares of Alamos Gold in the fourth quarter worth $100,694,000. CIBC Asset Management Inc lifted its holdings in 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 worth $142,936,000 after purchasing an additional 2,867,027 shares during the period. Addenda Capital Inc. acquired a new position in Alamos Gold during the 4th quarter valued at about $34,869,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Alamos Gold during the 4th quarter worth about $28,950,000. Institutional investors own 64.33% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. StockNews.com downgraded Alamos Gold from a "buy" rating to a "hold" rating in a research report on Monday, May 5th. Royal Bank of Canada boosted their price target on shares of Alamos Gold from $27.00 to $30.00 and gave the stock an "outperform" rating in a research report on Friday, April 4th. 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 report on Monday, April 14th. Finally, 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 report on Tuesday, April 8th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $30.38.

Alamos Gold Stock Up 1.8%

NYSE:AGI traded up $0.46 during trading hours on Tuesday, hitting $25.54. 3,101,947 shares of the stock traded hands, compared to its average volume of 2,700,496. The firm has a market cap of $10.74 billion, a price-to-earnings ratio of 37.02, a PEG ratio of 0.40 and a beta of 0.60. The firm has a 50 day moving average price of $26.68 and a 200 day moving average price of $22.51. 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 fifty-two week low of $15.01 and a fifty-two week high of $31.00.

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 business had revenue of $333.00 million for the quarter, compared to analyst estimates of $324.98 million. Alamos Gold had a return on equity of 10.05% and a net margin of 21.11%. The company's revenue was up 20.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.13 earnings per share. Equities research analysts anticipate that Alamos Gold Inc. will post 1.29 earnings per share for the current year.

Alamos Gold Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 0.39%. The ex-dividend date of this dividend was Thursday, March 13th. Alamos Gold's payout ratio is presently 16.13%.

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.