Robinson Value Management Ltd. Sells 2,318 Shares of Alamos Gold Inc. (NYSE:AGI)

Robinson Value Management Ltd. reduced its stake in shares of Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) by 25.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 6,784 shares of the basic materials company’s stock after selling 2,318 shares during the period. Robinson Value Management Ltd.’s holdings in Alamos Gold were worth $125,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Blue Trust Inc. boosted its stake in shares of Alamos Gold by 155.7% in the 4th quarter. Blue Trust Inc. now owns 1,900 shares of the basic materials company’s stock worth $38,000 after buying an additional 1,157 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of 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 last quarter. Hara Capital LLC purchased a new position in shares of Alamos Gold in the 3rd quarter worth approximately $47,000. R Squared Ltd purchased a new position in shares of Alamos Gold in the 4th quarter worth approximately $61,000. Finally, Eastern Bank purchased a new position in shares of Alamos Gold in the 3rd quarter worth approximately $111,000. 64.33% of the stock is owned by institutional investors.

Alamos Gold Price Performance

Alamos Gold stock opened at $22.21 on Friday. Alamos Gold Inc. has a 12 month low of $11.24 and a 12 month high of $22.62. The company has a current ratio of 1.62, a quick ratio of 0.97 and a debt-to-equity ratio of 0.08. The business’s 50 day simple moving average is $19.56 and its 200 day simple moving average is $19.28. The company has a market cap of $9.33 billion, a price-to-earnings ratio of 37.01, a PEG ratio of 0.66 and a beta of 1.16.

Alamos Gold (NYSE:AGI) (TSE:AGI) last posted its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.03). Alamos Gold had a net margin of 19.89% and a return on equity of 8.85%. The firm had revenue of $360.90 million during the quarter. Sell-side analysts forecast that Alamos Gold Inc. will post 0.81 EPS for the current year.

Alamos Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th were issued a dividend of $0.025 per share. The ex-dividend date was Thursday, December 5th. This represents a $0.10 dividend on an annualized basis and a yield of 0.45%. Alamos Gold’s payout ratio is 16.67%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on AGI shares. StockNews.com downgraded Alamos Gold from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 22nd. National Bank Financial upgraded Alamos Gold from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, December 3rd. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $25.06.

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.