Epoch Investment Partners Inc. Grows Stock Position in Alamos Gold Inc. (NYSE:AGI)

Epoch Investment Partners Inc. boosted its stake in shares of Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) by 13.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 206,983 shares of the basic materials company’s stock after acquiring an additional 24,503 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Alamos Gold were worth $3,817,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of AGI. Veracity Capital LLC boosted its holdings in shares of Alamos Gold by 3.2% during the fourth quarter. Veracity Capital LLC now owns 22,569 shares of the basic materials company’s stock worth $416,000 after purchasing an additional 694 shares during the period. NewEdge Advisors LLC lifted its holdings in Alamos Gold by 1.2% in the 4th 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. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Alamos Gold by 51.8% in the 4th 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. Wilmington Savings Fund Society FSB increased its stake in shares of Alamos Gold by 4.8% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 21,700 shares of the basic materials company’s stock valued at $400,000 after buying an additional 1,000 shares during the period. Finally, Blue Trust Inc. raised its holdings in shares of Alamos Gold by 155.7% during the fourth 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. 64.33% of the stock is currently owned by institutional investors.

Alamos Gold Stock Performance

Shares of AGI opened at $29.58 on Monday. Alamos Gold Inc. has a 52 week low of $14.31 and a 52 week high of $32.06. The company has a quick ratio of 0.96, a current ratio of 1.51 and a debt-to-equity ratio of 0.08. The stock has a market cap of $12.44 billion, a P/E ratio of 42.87, a P/E/G ratio of 0.40 and a beta of 1.02. The business’s 50 day moving average price is $25.24 and its 200-day moving average price is $21.57.

Alamos Gold (NYSE:AGI) (TSE:AGI) last issued its quarterly earnings results 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 firm had revenue of $375.80 million during 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%. Equities research analysts anticipate that Alamos Gold Inc. will post 1.29 earnings per share for the current fiscal year.

Alamos Gold Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a $0.025 dividend. The ex-dividend date was Thursday, March 13th. This represents a $0.10 annualized dividend and a dividend yield of 0.34%. Alamos Gold’s dividend payout ratio is presently 14.49%.

Analyst Ratings Changes

A number of research analysts have issued reports on AGI shares. Bank of America reduced their price objective on shares of Alamos Gold from $31.00 to $30.50 and set a “neutral” rating on the stock in a research report on Tuesday, April 8th. Royal Bank of Canada increased their price target on shares of Alamos Gold from $27.00 to $30.00 and gave the stock an “outperform” rating in a research note on Friday, April 4th. StockNews.com raised Alamos Gold from a “hold” rating to a “buy” rating in a research report on Tuesday, April 15th. National Bank Financial raised Alamos Gold to a “strong-buy” rating in a research report on Friday, March 21st. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Alamos Gold in a research note on Monday, April 14th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Alamos Gold 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.