Great West Life Assurance Co. Can trimmed its position in shares of Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) by 6.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 934,722 shares of the basic materials company’s stock after selling 67,142 shares during the quarter. Great West Life Assurance Co. Can owned approximately 0.31% of Alamos Gold worth $6,306,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Alamos Gold by 3.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 20,070 shares of the basic materials company’s stock worth $144,000 after acquiring an additional 717 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Alamos Gold by 0.4% in the first quarter. Dimensional Fund Advisors LP now owns 507,684 shares of the basic materials company’s stock worth $4,077,000 after acquiring an additional 2,198 shares during the period. Eagle Boston Investment Management Inc. lifted its stake in shares of Alamos Gold by 0.7% in the second quarter. Eagle Boston Investment Management Inc. now owns 468,017 shares of the basic materials company’s stock worth $3,360,000 after acquiring an additional 3,474 shares during the period. Legal & General Group Plc lifted its stake in shares of Alamos Gold by 37.1% in the first quarter. Legal & General Group Plc now owns 28,798 shares of the basic materials company’s stock worth $231,000 after acquiring an additional 7,800 shares during the period. Finally, Swiss National Bank lifted its stake in shares of Alamos Gold by 1.8% in the third quarter. Swiss National Bank now owns 505,721 shares of the basic materials company’s stock worth $3,418,000 after acquiring an additional 9,100 shares during the period. 63.00% of the stock is currently owned by hedge funds and other institutional investors.

Alamos Gold Inc. (AGI) opened at $6.13 on Friday. Alamos Gold Inc. has a 12 month low of $5.93 and a 12 month high of $9.00. The stock has a market capitalization of $2,377.15, a P/E ratio of 101.83 and a beta of 0.46.

AGI has been the topic of a number of recent analyst reports. ValuEngine lowered Alamos Gold from a “hold” rating to a “sell” rating in a research note on Monday, September 11th. BMO Capital Markets reaffirmed a “buy” rating and issued a $11.50 price objective (down from $14.00) on shares of Alamos Gold in a research note on Friday, November 24th. Royal Bank Of Canada set a $9.00 price objective on Alamos Gold and gave the stock a “hold” rating in a research note on Tuesday, October 10th. BidaskClub raised Alamos Gold from a “sell” rating to a “hold” rating in a research note on Saturday, August 12th. Finally, Zacks Investment Research raised Alamos Gold from a “hold” rating to a “buy” rating and set a $7.00 price target on the stock in a research note on Tuesday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $9.88.

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Alamos Gold 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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