144,130 Alamos Gold Inc. $AGI Shares Acquired by Terril Brothers Inc.

Terril Brothers Inc. boosted its holdings in Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) by 61.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 379,930 shares of the basic materials company’s stock after acquiring an additional 144,130 shares during the quarter. Alamos Gold accounts for approximately 1.5% of Terril Brothers Inc.’s portfolio, making the stock its 12th largest position. Terril Brothers Inc.’s holdings in Alamos Gold were worth $12,306,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Petra Financial Advisors Inc. grew its holdings in Alamos Gold by 2.3% during the 1st quarter. Petra Financial Advisors Inc. now owns 23,153 shares of the basic materials company’s stock worth $1,029,000 after acquiring an additional 518 shares during the period. Pekin Hardy Strauss Inc. boosted its position in shares of Alamos Gold by 0.3% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 209,783 shares of the basic materials company’s stock worth $6,808,000 after purchasing an additional 542 shares during the last quarter. Parvin Asset Management LLC boosted its position in shares of Alamos Gold by 1.8% in the 1st quarter. Parvin Asset Management LLC now owns 35,390 shares of the basic materials company’s stock worth $1,572,000 after purchasing an additional 625 shares during the last quarter. Evergreen Capital Management LLC boosted its position in shares of Alamos Gold by 0.6% in the 3rd quarter. Evergreen Capital Management LLC now owns 106,348 shares of the basic materials company’s stock worth $3,445,000 after purchasing an additional 662 shares during the last quarter. Finally, XML Financial LLC grew its stake in shares of Alamos Gold by 10.8% during the second quarter. XML Financial LLC now owns 7,200 shares of the basic materials company’s stock worth $218,000 after purchasing an additional 700 shares during the period. 64.33% of the stock is owned by institutional investors.

Alamos Gold Trading Down 4.1%

Shares of NYSE AGI opened at $28.76 on Friday. The company’s fifty day moving average is $32.59 and its 200-day moving average is $37.65. The stock has a market cap of $12.04 billion, a price-to-earnings ratio of 14.29, a P/E/G ratio of 0.48 and a beta of 0.63. Alamos Gold Inc. has a twelve month low of $26.92 and a twelve month high of $55.41. The company has a quick ratio of 1.62, a current ratio of 2.01 and a debt-to-equity ratio of 0.04.

Alamos Gold (NYSE:AGI) (TSE:AGI) last announced its quarterly earnings results on Wednesday, October 28th. The basic materials company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.01). Alamos Gold had a net margin of 46.66% and a return on equity of 18.95%. The firm had revenue of $510.40 million during the quarter, compared to analyst estimates of $551.03 million. During the same period last year, the firm earned $0.37 EPS. Equities research analysts predict that Alamos Gold Inc. will post 2.06 EPS for the current year.

Alamos Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, September 10th were given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, September 10th. Alamos Gold’s payout ratio is currently 6.37%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on AGI. BMO Capital Markets reiterated an “outperform” rating on shares of Alamos Gold in a report on Thursday, October 29th. Weiss Ratings raised Alamos Gold from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Wall Street Zen cut Alamos Gold from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Zacks Research upgraded Alamos Gold from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 3rd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $42.00 price target on shares of Alamos Gold in a research note on Wednesday, September 16th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $47.50.

Alamos Gold Company Profile

Alamos Gold Inc. is a Canadian gold producer that explores for, develops and operates gold mines. The company’s operations are concentrated in Canada and Mexico, and it also advances exploration and development projects. Its operating assets include the Island Gold and Young-Davidson mines in Ontario, the Magino mine in Ontario, and the Mulatos mine in Sonora, Mexico. Alamos produces gold and works to expand its mineral resources through exploration and mine development. Founded in 2003, Alamos grew through acquisitions, including the additions of Young-Davidson and Island Gold.