Squarepoint Ops LLC increased its holdings in shares of PlayAGS Inc (NYSE:AGS - Free Report) by 114.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 139,648 shares of the company's stock after buying an additional 74,411 shares during the period. Squarepoint Ops LLC owned about 0.34% of PlayAGS worth $1,610,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in the business. Principal Financial Group Inc. lifted its position in shares of 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 purchasing an additional 1,942 shares during the period. Decagon Asset Management LLP bought a new stake in PlayAGS during the 4th quarter valued at $18,933,000. Northern Trust Corp grew its stake in shares of PlayAGS by 9.3% in the 4th quarter. Northern Trust Corp now owns 350,854 shares of the company's stock worth $4,045,000 after acquiring an additional 29,976 shares in the last quarter. Candriam S.C.A. bought a new stake in shares of PlayAGS in the 4th quarter worth $2,131,000. Finally, JPMorgan Chase & Co. grew its stake in shares of PlayAGS by 27.1% in the 4th quarter. JPMorgan Chase & Co. now owns 361,195 shares of the company's stock worth $4,165,000 after acquiring an additional 77,106 shares in the last quarter. 77.44% of the stock is currently owned by institutional investors and hedge funds.
PlayAGS Stock Performance
AGS traded up $0.06 during trading on Tuesday, hitting $12.30. 287,824 shares of the company traded hands, compared to its average volume of 327,622. The firm has a market cap of $507.27 million, a P/E ratio of 72.32 and a beta of 1.52. The stock's fifty day moving average is $12.10 and its 200 day moving average is $11.93. The company has a quick ratio of 2.64, a current ratio of 3.35 and a debt-to-equity ratio of 7.49. PlayAGS Inc has a one year low of $11.09 and a one year high of $12.32.
PlayAGS (NYSE:AGS - Get Free Report) last posted its quarterly earnings results on Thursday, March 6th. The company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.88. The company had revenue of $102.98 million during the quarter, compared to analyst estimates of $99.49 million. PlayAGS had a net margin of 1.89% and a return on equity of 10.37%. As a group, equities analysts predict that PlayAGS Inc will post 0.31 EPS for the current fiscal 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.
Read More
Before you consider PlayAGS, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PlayAGS wasn't on the list.
While PlayAGS currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
