421,764 Shares in Alamos Gold Inc. (NYSE:AGI) Bought by Susquehanna Advisors Group Inc.

Susquehanna Advisors Group Inc. acquired a new stake in shares of Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 421,764 shares of the basic materials company's stock, valued at approximately $7,777,000. Susquehanna Advisors Group Inc. owned approximately 0.10% of Alamos Gold as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in AGI. Blue Trust Inc. raised its stake in Alamos Gold by 155.7% during the 4th quarter. Blue Trust Inc. now owns 1,900 shares of the basic materials company's stock valued at $38,000 after acquiring an additional 1,157 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Alamos Gold by 51.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,510 shares of the basic materials company's stock worth $46,000 after buying an additional 856 shares during the period. R Squared Ltd acquired a new position in shares of Alamos Gold in the fourth quarter worth about $61,000. Cutler Capital Management LLC purchased a new position in Alamos Gold during the fourth quarter valued at approximately $108,000. Finally, Daiwa Securities Group Inc. purchased a new position in Alamos Gold during the fourth quarter valued at approximately $136,000. Institutional investors and hedge funds own 64.33% of the company's stock.

Alamos Gold Price Performance

Alamos Gold stock traded down $0.30 during mid-day trading on Friday, reaching $27.96. 2,251,473 shares of the company were exchanged, compared to its average volume of 2,543,944. Alamos Gold Inc. has a 12 month low of $14.64 and a 12 month high of $31.00. The company has a fifty day simple moving average of $25.83 and a 200-day simple moving average of $21.89. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.51 and a quick ratio of 0.96. The firm has a market cap of $11.76 billion, a PE ratio of 40.52, a PEG ratio of 0.40 and a beta of 1.02.

Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last released its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.01. The company had revenue of $375.80 million for the quarter, compared to the consensus estimate of $388.06 million. Alamos Gold had a return on equity of 10.05% and a net margin of 21.11%. As a group, equities research analysts expect that Alamos Gold Inc. will post 1.29 earnings per share for the current fiscal year.

Alamos Gold Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.36%. The ex-dividend date of this dividend was Thursday, March 13th. Alamos Gold's payout ratio is currently 14.49%.

Wall Street Analysts Forecast Growth

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