Bank of America Corp DE lessened its position in shares of PlayAGS Inc (NYSE:AGS - Free Report) by 83.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 40,016 shares of the company's stock after selling 203,301 shares during the period. Bank of America Corp DE owned approximately 0.10% of PlayAGS worth $461,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Principal Financial Group Inc. increased its stake in PlayAGS by 9.3% in the 4th quarter. Principal Financial Group Inc. now owns 22,777 shares of the company's stock worth $263,000 after acquiring an additional 1,942 shares during the last quarter. Olympiad Research LP increased its position in shares of PlayAGS by 26.5% in the fourth quarter. Olympiad Research LP now owns 129,199 shares of the company's stock worth $1,490,000 after purchasing an additional 27,036 shares during the last quarter. Candriam S.C.A. bought a new position in shares of PlayAGS in the fourth quarter worth approximately $2,131,000. Burren Capital Advisors Ltd purchased a new stake in PlayAGS in the fourth quarter valued at approximately $171,000. Finally, Skandinaviska Enskilda Banken AB publ lifted its position in PlayAGS by 12.4% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 188,393 shares of the company's stock valued at $2,167,000 after purchasing an additional 20,771 shares during the last quarter. 77.44% of the stock is currently owned by hedge funds and other institutional investors.
PlayAGS Price Performance
AGS stock traded up $0.01 during midday trading on Friday, reaching $12.38. The company had a trading volume of 73,373 shares, compared to its average volume of 429,280. The firm has a 50-day moving average price of $12.14 and a 200-day moving average price of $11.96. The company has a market capitalization of $510.57 million, a P/E ratio of 72.79 and a beta of 1.46. PlayAGS Inc has a 1 year low of $11.09 and a 1 year high of $12.41. The company has a debt-to-equity ratio of 7.49, a current ratio of 3.35 and a quick ratio of 2.64.
PlayAGS (NYSE:AGS - Get Free Report) last announced its earnings results on Thursday, March 6th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.88. PlayAGS had a net margin of 1.89% and a return on equity of 10.37%. The company had revenue of $102.98 million during the quarter, compared to analyst estimates of $99.49 million. On average, research analysts anticipate that PlayAGS Inc will post 0.31 earnings per share for the current fiscal year.
PlayAGS Company Profile
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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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