Pekin Hardy Strauss Inc. Has $4.41 Million Stock Holdings in Alamos Gold Inc. (NYSE:AGI)

Pekin Hardy Strauss Inc. lifted its holdings in Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) by 6.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 239,041 shares of the basic materials company’s stock after purchasing an additional 14,200 shares during the quarter. Pekin Hardy Strauss Inc. owned about 0.06% of Alamos Gold worth $4,408,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Natixis Advisors LLC grew its position in shares of Alamos Gold by 2.0% in the 3rd quarter. Natixis Advisors LLC now owns 27,681 shares of the basic materials company’s stock valued at $552,000 after purchasing an additional 531 shares during the period. Veracity Capital LLC grew its position in shares of Alamos Gold by 3.2% in the 4th quarter. Veracity Capital LLC now owns 22,569 shares of the basic materials company’s stock valued at $416,000 after purchasing an additional 694 shares during the period. Captrust Financial Advisors grew its position in shares of Alamos Gold by 4.0% in the 3rd quarter. Captrust Financial Advisors now owns 18,798 shares of the basic materials company’s stock valued at $375,000 after purchasing an additional 728 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its position 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 valued at $46,000 after purchasing an additional 856 shares during the period. Finally, Wilmington Savings Fund Society FSB boosted its position in Alamos Gold by 4.8% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 21,700 shares of the basic materials company’s stock worth $400,000 after acquiring an additional 1,000 shares during the last quarter. 64.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on AGI shares. National Bank Financial raised Alamos Gold from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, December 3rd. Royal Bank of Canada upped their price target on Alamos Gold from $25.00 to $27.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 11th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $26.06.

Alamos Gold Trading Down 2.4 %

NYSE AGI opened at $22.71 on Friday. The company has a market cap of $9.55 billion, a PE ratio of 32.91, a PEG ratio of 0.40 and a beta of 1.16. The company has a current ratio of 1.51, a quick ratio of 0.97 and a debt-to-equity ratio of 0.08. Alamos Gold Inc. has a 12 month low of $11.34 and a 12 month high of $24.27. The stock has a 50 day moving average of $20.22 and a 200-day moving average of $19.69.

Alamos Gold (NYSE:AGI) (TSE:AGI) last released its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. The company 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%. On average, equities research analysts anticipate that Alamos Gold Inc. will post 1.31 EPS for the current fiscal year.

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.