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 4th quarter, Holdings Channel reports. 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 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Blue Trust Inc. increased 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 acquiring an additional 1,157 shares in the last quarter. Hara Capital LLC bought a new stake in Alamos Gold during the 3rd quarter valued at about $47,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in 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 purchasing an additional 856 shares in the last quarter. R Squared Ltd bought a new stake in Alamos Gold during the 4th quarter valued at about $61,000. Finally, Plato Investment Management Ltd bought a new stake in Alamos Gold during the 3rd quarter valued at about $147,000. 64.33% of the stock is currently owned by institutional investors.

Alamos Gold Stock Performance

Shares of NYSE AGI opened at $22.83 on Friday. The firm’s 50-day moving average price is $20.67 and its 200-day moving average price is $19.89. The company has a quick ratio of 0.96, a current ratio of 1.51 and a debt-to-equity ratio of 0.08. The company has a market cap of $9.60 billion, a PE ratio of 33.08, a PEG ratio of 0.40 and a beta of 1.16. Alamos Gold Inc. has a 52-week low of $11.76 and a 52-week high of $24.27.

Alamos Gold (NYSE:AGI) (TSE:AGI) last announced its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. The firm had revenue of $375.80 million for the quarter, compared to the consensus estimate of $388.06 million. Alamos Gold had a net margin of 21.11% and a return on equity of 10.05%. As a group, analysts anticipate that Alamos Gold Inc. will post 1.29 EPS for the current year.

Alamos Gold Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date of this dividend is Thursday, March 13th. Alamos Gold’s payout ratio is presently 14.49%.

Analyst Ratings Changes

A number of research firms have weighed in on AGI. Royal Bank of Canada raised their price objective on shares of Alamos Gold from $25.00 to $27.00 and gave the company an “outperform” rating in a research note on Tuesday, February 11th. National Bank Financial upgraded shares of 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, the stock presently has an average rating of “Buy” and a consensus target price 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.