Alps Advisors Inc. decreased its stake in Alamos Gold Inc (US) (NYSE:AGI) (TSE:AGI) by 13.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,626,123 shares of the basic materials company’s stock after selling 244,432 shares during the quarter. Alps Advisors Inc.’s holdings in Alamos Gold Inc (US) were worth $10,586,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of AGI. Wells Fargo & Company MN grew its position in shares of Alamos Gold Inc (US) by 55.8% during the second quarter. Wells Fargo & Company MN now owns 133,102 shares of the basic materials company’s stock worth $956,000 after purchasing an additional 47,698 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Alamos Gold Inc (US) by 5.7% during the second quarter. Vanguard Group Inc. now owns 6,076,445 shares of the basic materials company’s stock worth $43,628,000 after purchasing an additional 327,326 shares in the last quarter. FMR LLC grew its position in shares of Alamos Gold Inc (US) by 9.5% during the second quarter. FMR LLC now owns 4,676,521 shares of the basic materials company’s stock worth $33,177,000 after purchasing an additional 405,134 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Alamos Gold Inc (US) by 0.5% during the second quarter. Dimensional Fund Advisors LP now owns 509,984 shares of the basic materials company’s stock worth $3,662,000 after purchasing an additional 2,300 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of Alamos Gold Inc (US) by 13.4% during the second quarter. Goldman Sachs Group Inc. now owns 812,605 shares of the basic materials company’s stock worth $5,835,000 after purchasing an additional 95,991 shares in the last quarter. Institutional investors and hedge funds own 63.00% of the company’s stock.

Several analysts recently issued reports on the company. ValuEngine cut Alamos Gold Inc (US) from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Credit Suisse Group upgraded Alamos Gold Inc (US) from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $6.16 to $8.00 in a research report on Friday, January 26th. Zacks Investment Research cut Alamos Gold Inc (US) from a “buy” rating to a “hold” rating in a research report on Friday, January 19th. Royal Bank of Canada cut their target price on Alamos Gold Inc (US) from $9.00 to $8.50 and set a “sector perform” rating for the company in a research report on Tuesday, January 16th. Finally, Scotiabank dropped their price target on Alamos Gold Inc (US) from $11.00 to $9.00 and set a “sector perform” rating for the company in a research note on Monday, December 18th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $9.29.

Alamos Gold Inc (NYSE AGI) opened at $5.38 on Thursday. Alamos Gold Inc has a one year low of $5.38 and a one year high of $9.00. The company has a market capitalization of $2,150.00 and a P/E ratio of 269.00.

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Alamos Gold Inc (US) Company Profile

Alamos Gold Inc is a Canada-based mid-tier gold producer. The Company owns and operates the Mulatos Mine, as well as the Esperanza, Agi Dagi, Kirazli and Camyurt gold development projects. The Mulatos mine is located within the 30,536 hectares Salamandra group of concessions in the state of Sonora in northwest Mexico.

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Institutional Ownership by Quarter for Alamos Gold Inc (US) (NYSE:AGI)

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