XTX Topco Ltd increased its stake in Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI by 181.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,148 shares of the basic materials company's stock after purchasing an additional 18,786 shares during the period. XTX Topco Ltd's holdings in Alamos Gold were worth $537,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in shares of Alamos Gold by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 15,995,738 shares of the basic materials company's stock valued at $295,105,000 after buying an additional 279,280 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Alamos Gold by 17.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 9,440,153 shares of the basic materials company's stock worth $173,991,000 after purchasing an additional 1,424,550 shares during the last quarter. CIBC Asset Management Inc increased its holdings in Alamos Gold by 59.0% in the 4th quarter. CIBC Asset Management Inc now owns 7,726,726 shares of the basic materials company's stock worth $142,936,000 after buying an additional 2,867,027 shares during the period. Renaissance Technologies LLC raised its position in Alamos Gold by 4.4% during the 4th quarter. Renaissance Technologies LLC now owns 7,534,253 shares of the basic materials company's stock worth $138,932,000 after buying an additional 318,360 shares during the last quarter. Finally, FMR LLC lifted its stake in Alamos Gold by 1.9% during the 4th quarter. FMR LLC now owns 6,497,058 shares of the basic materials company's stock valued at $119,864,000 after acquiring an additional 122,515 shares during the period. Hedge funds and other institutional investors own 64.33% of the company's stock.
Alamos Gold Price Performance
AGI traded down $0.37 during trading on Friday, reaching $27.89. The company's stock had a trading volume of 1,039,304 shares, compared to its average volume of 2,551,147. The company has a market cap of $11.73 billion, a price-to-earnings ratio of 40.39, a PEG ratio of 0.40 and a beta of 1.02. The firm has a fifty day simple moving average of $25.72 and a two-hundred day simple moving average of $21.79. Alamos Gold Inc. has a 1 year low of $14.31 and a 1 year high of $31.00. The company has a quick ratio of 0.96, a current ratio of 1.51 and a debt-to-equity ratio of 0.08.
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 (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.01. Alamos Gold had a net margin of 21.11% and a return on equity of 10.05%. The firm had revenue of $375.80 million during the quarter, compared to analysts' expectations of $388.06 million. As a group, analysts anticipate that Alamos Gold Inc. will post 1.29 EPS 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 $0.025 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.10 annualized dividend and a yield of 0.36%. Alamos Gold's payout ratio is 14.49%.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the company. National Bank Financial raised Alamos Gold to a "strong-buy" rating in a report on Friday, March 21st. Royal Bank of Canada upped their price objective on Alamos Gold from $27.00 to $30.00 and gave the stock an "outperform" rating in a research report on Friday, April 4th. Bank of America decreased their price objective on shares of Alamos Gold from $31.00 to $30.50 and set a "neutral" rating for the company in a research report on Tuesday, April 8th. Scotiabank restated an "outperform" rating on shares of Alamos Gold in a research note on Monday, April 14th. Finally, StockNews.com upgraded Alamos Gold from a "hold" rating to a "buy" rating in a research report on Tuesday, April 15th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Alamos Gold presently has an average rating of "Buy" and an average target price of $30.38.
Get Our Latest Stock Report on Alamos Gold
Alamos Gold Profile
(
Free Report)
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.
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