Commerzbank Aktiengesellschaft FI lifted its stake in shares of Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) by 23.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 188,458 shares of the basic materials company’s stock after acquiring an additional 36,307 shares during the quarter. Commerzbank Aktiengesellschaft FI owned approximately 0.06% of Alamos Gold worth $1,274,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Raymond James Financial Services Advisors Inc. boosted its stake in Alamos Gold by 3.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 20,070 shares of the basic materials company’s stock worth $144,000 after purchasing an additional 717 shares during the period. Dimensional Fund Advisors LP boosted its stake in Alamos Gold by 0.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 507,684 shares of the basic materials company’s stock worth $4,077,000 after purchasing an additional 2,198 shares during the period. Eagle Boston Investment Management Inc. boosted its stake in Alamos Gold by 0.7% in the 2nd quarter. Eagle Boston Investment Management Inc. now owns 468,017 shares of the basic materials company’s stock worth $3,360,000 after purchasing an additional 3,474 shares during the period. Legal & General Group Plc boosted its stake in Alamos Gold by 37.1% in the 1st quarter. Legal & General Group Plc now owns 28,798 shares of the basic materials company’s stock worth $231,000 after purchasing an additional 7,800 shares during the period. Finally, Swiss National Bank boosted its stake in Alamos Gold by 1.8% in the 3rd quarter. Swiss National Bank now owns 505,721 shares of the basic materials company’s stock worth $3,418,000 after purchasing an additional 9,100 shares during the period. Institutional investors own 63.00% of the company’s stock.

Several research analysts have weighed in on the company. Zacks Investment Research upgraded Alamos Gold from a “hold” rating to a “buy” rating and set a $7.00 price target for the company in a research note on Tuesday. ValuEngine downgraded Alamos Gold from a “hold” rating to a “sell” rating in a research note on Monday, September 11th. Royal Bank Of Canada set a $9.00 price target on Alamos Gold and gave the stock a “hold” rating in a research note on Tuesday, October 10th. BMO Capital Markets restated a “buy” rating and issued a $11.50 price target (down from $14.00) on shares of Alamos Gold in a research note on Friday, November 24th. Finally, BidaskClub raised Alamos Gold from a “sell” rating to a “hold” rating in a report on Saturday, August 12th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. Alamos Gold has a consensus rating of “Hold” and a consensus price target of $9.88.

Shares of Alamos Gold Inc. (NYSE AGI) opened at $6.11 on Thursday. The stock has a market capitalization of $2,365.48, a P/E ratio of 101.33 and a beta of 0.46. Alamos Gold Inc. has a twelve month low of $5.93 and a twelve month high of $9.00.

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Alamos Gold 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 (NYSE:AGI)

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