Jane Street Group LLC cut its holdings in PlayAGS Inc (NYSE:AGS - Free Report) by 80.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,070 shares of the company's stock after selling 63,716 shares during the period. Jane Street Group LLC's holdings in PlayAGS were worth $174,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in AGS. Principal Financial Group Inc. raised its stake in 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 purchasing an additional 1,942 shares during the last quarter. Decagon Asset Management LLP bought a new position in PlayAGS in the fourth quarter worth $18,933,000. Northern Trust Corp increased its holdings in PlayAGS by 9.3% in the 4th quarter. Northern Trust Corp now owns 350,854 shares of the company's stock valued at $4,045,000 after buying an additional 29,976 shares during the period. Candriam S.C.A. bought a new position in PlayAGS during the fourth quarter worth about $2,131,000. Finally, JPMorgan Chase & Co. lifted its position in shares of PlayAGS by 27.1% during the 4th quarter. JPMorgan Chase & Co. now owns 361,195 shares of the company's stock worth $4,165,000 after buying an additional 77,106 shares during the period. Institutional investors and hedge funds own 77.44% of the company's stock.
PlayAGS Price Performance
Shares of NYSE:AGS traded down $0.01 on Friday, hitting $12.38. The stock had a trading volume of 887,111 shares, compared to its average volume of 330,779. The firm's 50 day moving average price is $12.11 and its 200-day moving average price is $11.94. The company has a debt-to-equity ratio of 7.49, a quick ratio of 2.64 and a current ratio of 3.35. PlayAGS Inc has a twelve month low of $11.09 and a twelve month high of $12.41. The company has a market capitalization of $510.57 million, a price-to-earnings ratio of 72.79 and a beta of 1.46.
PlayAGS (NYSE:AGS - Get Free Report) last released 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 business had revenue of $102.98 million for the quarter, compared to analysts' expectations of $99.49 million. PlayAGS had a net margin of 1.89% and a return on equity of 10.37%. On average, equities research analysts predict that PlayAGS Inc will post 0.31 earnings per share for the current year.
About PlayAGS
(
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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