Boston Partners Has $2.22 Million Stake in PlayAGS Inc (NYSE:AGS)

Boston Partners lifted its position in PlayAGS Inc (NYSE:AGS - Free Report) by 95.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 263,226 shares of the company's stock after purchasing an additional 128,438 shares during the quarter. Boston Partners owned about 0.68% of PlayAGS worth $2,219,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Los Angeles Capital Management LLC grew its stake in shares of PlayAGS by 1,708.2% in the 3rd quarter. Los Angeles Capital Management LLC now owns 291,699 shares of the company's stock worth $1,902,000 after buying an additional 275,567 shares in the last quarter. Federated Hermes Inc. increased its stake in PlayAGS by 468.7% during the third quarter. Federated Hermes Inc. now owns 166,818 shares of the company's stock worth $1,088,000 after acquiring an additional 137,483 shares during the last quarter. Kennedy Capital Management LLC raised its position in PlayAGS by 2.4% during the third quarter. Kennedy Capital Management LLC now owns 58,520 shares of the company's stock valued at $382,000 after purchasing an additional 1,375 shares during the period. SG Capital Management LLC lifted its stake in shares of PlayAGS by 75.4% in the 3rd quarter. SG Capital Management LLC now owns 586,351 shares of the company's stock valued at $3,823,000 after purchasing an additional 251,980 shares during the last quarter. Finally, Mackenzie Financial Corp lifted its position in PlayAGS by 19.1% in the fourth quarter. Mackenzie Financial Corp now owns 12,593 shares of the company's stock worth $106,000 after buying an additional 2,023 shares during the last quarter. 77.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AGS has been the topic of a number of recent analyst reports. JMP Securities reissued a "market outperform" rating and issued a $13.00 price objective on shares of PlayAGS in a research report on Monday, April 1st. Truist Financial reissued a "hold" rating and set a $12.50 price target (down from $13.00) on shares of PlayAGS in a research note on Monday, May 13th. Finally, B. Riley started coverage on PlayAGS in a research report on Friday, April 5th. They issued a "buy" rating and a $16.00 price objective on the stock.

PlayAGS Price Performance

AGS stock remained flat at $11.56 during mid-day trading on Friday. 381,493 shares of the company's stock were exchanged, compared to its average volume of 1,008,287. The stock has a market cap of $456.16 million, a P/E ratio of 1,157.16 and a beta of 2.38. The business has a 50 day moving average of $9.20 and a 200 day moving average of $8.56. PlayAGS Inc has a twelve month low of $5.10 and a twelve month high of $11.65. The company has a debt-to-equity ratio of 7.30, a current ratio of 3.38 and a quick ratio of 2.60.

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.