Segall Bryant & Hamill LLC Has $25.55 Million Holdings in Alamos Gold Inc. (NYSE:AGI)

Segall Bryant & Hamill LLC trimmed its position in Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) by 3.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,385,651 shares of the basic materials company’s stock after selling 49,225 shares during the period. Segall Bryant & Hamill LLC owned 0.33% of Alamos Gold worth $25,551,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Natixis Advisors LLC boosted its stake in shares of Alamos Gold by 2.0% during the third 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 in the last quarter. Veracity Capital LLC raised its holdings in 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 buying an additional 694 shares during the last quarter. Captrust Financial Advisors boosted its position in Alamos Gold by 4.0% during the 3rd quarter. Captrust Financial Advisors now owns 18,798 shares of the basic materials company’s stock worth $375,000 after buying an additional 728 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its holdings 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 worth $46,000 after acquiring an additional 856 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB grew its holdings 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. Institutional investors and hedge funds own 64.33% of the company’s stock.

Alamos Gold Stock Performance

Shares of Alamos Gold stock opened at $25.67 on Tuesday. The business’s fifty day simple moving average is $22.59 and its 200 day simple moving average is $20.53. 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 $13.53 and a 12 month high of $26.35. The firm has a market capitalization of $10.79 billion, a P/E ratio of 37.21, a price-to-earnings-growth ratio of 0.40 and a beta of 1.15.

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

Alamos Gold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be paid a $0.025 dividend. The ex-dividend date is Thursday, March 13th. This represents a $0.10 dividend on an annualized basis and a yield of 0.39%. Alamos Gold’s dividend payout ratio is 14.49%.

Analysts Set New Price Targets

Several research firms have recently issued reports on AGI. Royal Bank of Canada raised their price target 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 Alamos Gold from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, December 3rd. Six research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average 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.