PlayAGS Inc (NYSE:AGS) Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC grew its position in shares of PlayAGS Inc (NYSE:AGS - Free Report) by 5.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 500,330 shares of the company's stock after purchasing an additional 24,551 shares during the period. Hsbc Holdings PLC owned approximately 1.22% of PlayAGS worth $5,754,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Summit Investment Advisors Inc. grew its stake in shares of PlayAGS by 34.9% in the fourth quarter. Summit Investment Advisors Inc. now owns 4,113 shares of the company's stock worth $47,000 after acquiring an additional 1,063 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in PlayAGS by 9.3% in the fourth 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 period. Gamco Investors INC. ET AL grew its stake in PlayAGS by 13.2% during the 4th quarter. Gamco Investors INC. ET AL now owns 19,676 shares of the company's stock worth $227,000 after purchasing an additional 2,296 shares in the last quarter. Harbor Capital Advisors Inc. increased its holdings in PlayAGS by 21.4% during 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 during the period. Finally, MetLife Investment Management LLC raised its position in PlayAGS by 20.3% in the 4th quarter. MetLife Investment Management LLC now owns 25,607 shares of the company's stock valued at $295,000 after purchasing an additional 4,329 shares in the last quarter. 77.44% of the stock is currently owned by hedge funds and other institutional investors.

PlayAGS Stock Up 0.4 %

Shares of PlayAGS stock traded up $0.05 on Friday, reaching $12.13. 552,779 shares of the company were exchanged, compared to its average volume of 378,488. The stock's 50 day moving average price is $12.04 and its 200-day moving average price is $11.84. 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 1-year low of $8.23 and a 1-year high of $12.16. The company has a market cap of $500.46 million, a P/E ratio of 71.35 and a beta of 1.52.

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

About PlayAGS

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.