1 week Ago By ABMN Staff
JPMorgan Chase & Co. lessened its position in shares of Alamos Gold Inc. ( NYSE:AGI – Free Report ) (TSE:AGI) by 6.
0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,501,892 shares of the basic materials company’s stock after selling 96,180 shares during the period. JPMorgan Chase & Co.
’s holdings in Alamos Gold were worth $27,695,000 as of its most recent SEC filing. A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc.
lifted its position in shares of Alamos Gold by 1.8% during the 4th quarter. Vanguard Group Inc.
now owns 15,995,738 shares of the basic materials company’s stock worth $295,105,000 after purchasing an additional 279,280 shares during the last quarter. CIBC Asset Management Inc lifted its holdings in Alamos Gold by 59.0% during the 4th quarter.
CIBC Asset Management Inc now owns 7,726,726 shares of the basic materials company’s stock worth $142,936,000 after buying an additional 2,867,027 shares during the last quarter. Addenda Capital Inc. acquired a new position in shares of Alamos Gold during the 4th quarter worth about $34,869,000.
Principal Financial Group Inc. increased its holdings in shares of Alamos Gold by 3.7% in the 3rd quarter.
Principal Financial Group Inc. now owns 1,737,200 shares of the basic materials company’s stock valued at $34,655,000 after acquiring an additional 61,700 shares during the last quarter. Finally, Jupiter Asset Management Ltd.
raised its position in shares of Alamos Gold by 55.2% during the 4th quarter. Jupiter Asset Management Ltd.
now owns 1,615,833 shares of the basic materials company’s stock worth $29,796,000 after acquiring an additional 574,995 shares in the last quarter. 64.33% of the stock is owned by hedge funds and other institutional investors.
Alamos Gold Price Performance Shares of NYSE:AGI opened at $24.52 on Wednesday. Alamos Gold Inc.
has a one year low of $14.31 and a one year high of $27.32.
The stock has a market capitalization of $10.31 billion, a price-to-earnings ratio of 35.53, a PEG ratio of 0.
40 and a beta of 1.02. The company has a 50-day simple moving average of $24.
00 and a 200-day simple moving average of $21.04. The company has a debt-to-equity ratio of 0.
08, a quick ratio of 0.96 and a current ratio of 1.51.
Alamos Gold Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a dividend of $0.025 per share.
The ex-dividend date was Thursday, March 13th. This represents a $0.10 dividend on an annualized basis and a yield of 0.
41%. Alamos Gold’s payout ratio is currently 14.49%.
Analyst Ratings Changes AGI has been the subject of a number of research analyst reports. StockNews.com raised Alamos Gold from a “hold” rating to a “buy” rating in a report on Sunday.
Bank of America lowered their target price on shares of Alamos Gold from $31.00 to $30.50 and set a “neutral” rating for the company in a report on Tuesday.
National Bank Financial upgraded shares of Alamos Gold to a “strong-buy” rating in a research note on Friday, March 21st. Finally, Royal Bank of Canada upped their price objective on shares of Alamos Gold from $27.00 to $30.
00 and gave the company an “outperform” rating in a research note on Friday, April 4th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $27.
63. View Our Latest Report on AGI Alamos Gold Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding AGI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alamos Gold Inc.
( NYSE:AGI – Free Report ) (TSE:AGI). Receive News & Ratings for Alamos Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alamos Gold and related companies with MarketBeat.com's FREE daily email newsletter .
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