Alamos Gold Inc. (NYSE:AGI) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. cut its holdings in Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) by 1.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 918,428 shares of the basic materials company’s stock after selling 12,755 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Alamos Gold were worth $16,936,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in AGI. Blue Trust Inc. boosted its stake in shares of Alamos Gold by 155.7% in the fourth quarter. Blue Trust Inc. now owns 1,900 shares of the basic materials company’s stock valued at $38,000 after buying an additional 1,157 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Alamos Gold by 51.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,510 shares of the basic materials company’s stock valued at $46,000 after acquiring an additional 856 shares during the period. R Squared Ltd purchased a new stake in shares of Alamos Gold in the 4th quarter worth about $61,000. XTX Topco Ltd acquired a new stake in Alamos Gold during the 3rd quarter valued at $207,000. Finally, Oppenheimer & Co. Inc. acquired a new stake in shares of Alamos Gold during the 3rd quarter worth about $258,000. Institutional investors and hedge funds own 64.33% of the company’s stock.

Alamos Gold Trading Down 0.2 %

NYSE AGI opened at $26.08 on Friday. The stock has a market cap of $10.96 billion, a P/E ratio of 37.79, a PEG ratio of 0.40 and a beta of 1.15. The company’s fifty day simple moving average is $22.33 and its 200-day simple moving average is $20.40. The company has a current ratio of 1.51, a quick ratio of 0.96 and a debt-to-equity ratio of 0.08. Alamos Gold Inc. has a 52 week low of $13.44 and a 52 week high of $26.35.

Alamos Gold (NYSE:AGI) (TSE:AGI) last issued its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. The firm had revenue of $375.80 million for the quarter, compared to analyst estimates of $388.06 million. Alamos Gold had a net margin of 21.11% and a return on equity of 10.05%. Equities research analysts predict that Alamos Gold Inc. will post 1.29 EPS for the current fiscal year.

Alamos Gold Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be issued a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date is Thursday, March 13th. Alamos Gold’s dividend payout ratio is currently 14.49%.

Analyst Ratings Changes

AGI has been the topic of a number of research analyst reports. Royal Bank of Canada lifted their price target on shares of Alamos Gold from $25.00 to $27.00 and gave the company an “outperform” rating in a report on Tuesday, February 11th. National Bank Financial upgraded shares of Alamos Gold from a “sector perform” rating to an “outperform” rating in a report on Tuesday, December 3rd. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $26.06.

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.