Millennium Management LLC Sells 63,210 Shares of PlayAGS Inc (NYSE:AGS)

Millennium Management LLC trimmed its position in PlayAGS Inc (NYSE:AGS - Free Report) by 6.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 980,572 shares of the company's stock after selling 63,210 shares during the quarter. Millennium Management LLC owned 2.40% of PlayAGS worth $11,306,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Summit Investment Advisors Inc. increased its stake in PlayAGS by 34.9% in the fourth quarter. Summit Investment Advisors Inc. now owns 4,113 shares of the company's stock valued at $47,000 after acquiring an additional 1,063 shares during the last quarter. Quantbot Technologies LP bought a new position in PlayAGS in the fourth quarter valued at approximately $91,000. Polymer Capital Management US LLC bought a new position in PlayAGS in the fourth quarter valued at approximately $130,000. Brevan Howard Capital Management LP bought a new position in PlayAGS in the fourth quarter valued at approximately $159,000. Finally, Corton Capital Inc. bought a new position in PlayAGS in the fourth quarter valued at approximately $161,000. 77.44% of the stock is owned by institutional investors.

PlayAGS Price Performance

NYSE:AGS traded down $0.03 during mid-day trading on Thursday, reaching $12.21. The stock had a trading volume of 155,319 shares, compared to its average volume of 428,245. The stock has a 50-day simple moving average of $12.09 and a two-hundred day simple moving average of $11.91. The stock has a market capitalization of $503.55 million, a PE ratio of 71.79 and a beta of 1.52. 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 Inc has a 12 month low of $11.09 and a 12 month high of $12.32.

PlayAGS (NYSE:AGS - Get Free Report) last announced its quarterly earnings data on Thursday, March 6th. The company reported $1.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 analysts anticipate that PlayAGS Inc will post 0.31 earnings per share for the current year.

PlayAGS Profile

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.