Emmett Investment Management LP bought a new position in PlayAGS Inc (NYSE:AGS - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 837,373 shares of the company's stock, valued at approximately $9,655,000. PlayAGS accounts for about 8.7% of Emmett Investment Management LP's investment portfolio, making the stock its largest position. Emmett Investment Management LP owned approximately 2.05% of PlayAGS at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in AGS. Principal Financial Group Inc. grew its position in shares of PlayAGS by 9.3% during the 4th quarter. Principal Financial Group Inc. now owns 22,777 shares of the company's stock valued at $263,000 after acquiring an additional 1,942 shares during the period. Decagon Asset Management LLP bought a new position in PlayAGS in the 4th quarter worth $18,933,000. JPMorgan Chase & Co. lifted its stake in PlayAGS by 15.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 284,089 shares of the company's stock worth $3,236,000 after purchasing an additional 37,399 shares in the last quarter. Candriam S.C.A. purchased a new stake in PlayAGS in the 4th quarter worth $2,131,000. Finally, Harbor Capital Advisors Inc. lifted its stake in PlayAGS by 21.4% in the 4th quarter. Harbor Capital Advisors Inc. now owns 20,372 shares of the company's stock worth $235,000 after purchasing an additional 3,591 shares in the last quarter. Institutional investors own 77.44% of the company's stock.
PlayAGS Price Performance
Shares of NYSE AGS traded up $0.07 during mid-day trading on Friday, hitting $12.14. 433,582 shares of the company's stock traded hands, compared to its average volume of 333,206. The company's 50-day moving average is $12.05 and its two-hundred day moving average is $11.86. The company has a debt-to-equity ratio of 7.49, a current ratio of 3.35 and a quick ratio of 2.64. The company has a market capitalization of $500.87 million, a P/E ratio of 71.41 and a beta of 1.52. PlayAGS Inc has a 1 year low of $11.09 and a 1 year high of $12.18.
PlayAGS (NYSE:AGS - Get Free Report) last issued its quarterly earnings results on Thursday, March 6th. The company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.15 by $0.88. The company had revenue of $102.98 million for the quarter, compared to the consensus estimate of $99.49 million. PlayAGS had a net margin of 1.89% and a return on equity of 10.37%. On average, equities analysts anticipate that PlayAGS Inc will post 0.31 EPS for the current fiscal year.
PlayAGS Company Profile
(
Free Report)
AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Their roots are firmly planted in the Class II Native American gaming market, but their customer-centric culture and growth have helped them branch out to become a leading all-inclusive commercial gaming supplier.
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