Terril Brothers Inc. Sells 1,775 Shares of Alamos Gold Inc. (NYSE:AGI)

Terril Brothers Inc. trimmed its holdings in Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) by 10.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 15,625 shares of the basic materials company’s stock after selling 1,775 shares during the quarter. Terril Brothers Inc.’s holdings in Alamos Gold were worth $288,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. VELA Investment Management LLC lifted its holdings in shares of Alamos Gold by 6.1% in the 4th quarter. VELA Investment Management LLC now owns 199,797 shares of the basic materials company’s stock worth $3,684,000 after acquiring an additional 11,440 shares during the last quarter. Versor Investments LP purchased a new stake in Alamos Gold during the 4th quarter valued at $481,000. IFP Advisors Inc boosted its position in Alamos Gold by 16.7% during the 4th quarter. IFP Advisors Inc now owns 119,706 shares of the basic materials company’s stock valued at $2,207,000 after buying an additional 17,171 shares during the period. Pekin Hardy Strauss Inc. boosted its position in Alamos Gold by 6.3% during the 4th quarter. Pekin Hardy Strauss Inc. now owns 239,041 shares of the basic materials company’s stock valued at $4,408,000 after buying an additional 14,200 shares during the period. Finally, Navellier & Associates Inc. boosted its position in Alamos Gold by 14.4% during the 4th quarter. Navellier & Associates Inc. now owns 178,048 shares of the basic materials company’s stock valued at $3,283,000 after buying an additional 22,355 shares during the period. 64.33% of the stock is currently owned by institutional investors.

Alamos Gold Stock Up 0.9 %

Shares of NYSE AGI opened at $22.83 on Friday. 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 12 month low of $11.76 and a 12 month high of $24.27. The firm has a market capitalization of $9.60 billion, a PE ratio of 33.08, a price-to-earnings-growth ratio of 0.40 and a beta of 1.16. The firm has a fifty day simple moving average of $20.67 and a two-hundred day simple moving average of $19.89.

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 the consensus estimate of $0.24 by $0.01. Alamos Gold had a net margin of 21.11% and a return on equity of 10.05%. The business had revenue of $375.80 million during the quarter, compared to analyst estimates of $388.06 million. Equities analysts expect that Alamos Gold Inc. will post 1.29 earnings per share for the current year.

Alamos Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a $0.025 dividend. The ex-dividend date is Thursday, March 13th. This represents a $0.10 annualized dividend and a yield of 0.44%. Alamos Gold’s dividend payout ratio (DPR) is presently 14.49%.

Analyst Ratings Changes

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

Alamos Gold 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.