Shares of Alamo Group Inc. (NYSE:ALG) were up 1.7% on Tuesday . The stock traded as high as $67.32 and last traded at $67.27, with a volume of 54,459 shares trading hands. The stock had previously closed at $66.15.

Several analysts have recently weighed in on ALG shares. Zacks Investment Research lowered shares of Alamo Group from a “hold” rating to a “sell” rating in a research report on Monday, April 25th. Bank of America Corp. reiterated a “sell” rating and set a $54.00 target price on shares of Alamo Group in a research report on Tuesday, May 24th. Finally, Piper Jaffray Cos. reiterated an “overweight” rating and set a $68.00 target price (down from $69.00) on shares of Alamo Group in a research report on Monday, March 28th.

The company’s 50-day moving average price is $63.55 and its 200-day moving average price is $56.77. The stock has a market cap of $764.35 million and a PE ratio of 17.28.

Alamo Group (NYSE:ALG) last announced its quarterly earnings results on Thursday, May 5th. The company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.02. Equities research analysts predict that Alamo Group Inc. will post $4.14 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, July 29th. Shareholders of record on Friday, July 15th will be paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date of this dividend is Wednesday, July 13th.

In other Alamo Group news, VP Geoff Davies sold 5,000 shares of the stock in a transaction on Friday, July 8th. The shares were sold at an average price of $65.87, for a total value of $329,350.00. Following the completion of the sale, the vice president now owns 17,500 shares in the company, valued at $1,152,725. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Dan Edward Malone sold 1,400 shares of the stock in a transaction on Monday, June 20th. The shares were sold at an average price of $64.65, for a total transaction of $90,510.00. Following the completion of the sale, the chief financial officer now owns 11,332 shares of the company’s stock, valued at approximately $732,613.80. The disclosure for this sale can be found here.

An institutional investor recently raised its position in Alamo Group stock. Hodges Capital Management Inc. boosted its position in shares of Alamo Group Inc. (NYSE:ALG) by 5.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 367,101 shares of the company’s stock after buying an additional 19,560 shares during the period. Hodges Capital Management Inc. owned 3.21% of Alamo Group worth $19,126,000 as of its most recent SEC filing.

Alamo Group Inc is engaged in the design and manufacture of agricultural equipment and infrastructure maintenance equipment for governmental and industrial use. The Company operates in Industrial, Agricultural and European segments. Its products include tractor-mounted mowing and other vegetation maintenance equipment, vacuum trucks, snow removal equipment, pothole patchers, zero turn radius mowers, agricultural implements and related aftermarket parts and services.

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