Yakira Capital Management Inc. Acquires 125,635 Shares of PlayAGS Inc (NYSE:AGS)

Yakira Capital Management Inc. boosted its stake in shares of PlayAGS Inc (NYSE:AGS - Free Report) by 95.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 257,017 shares of the company's stock after buying an additional 125,635 shares during the period. PlayAGS comprises 1.1% of Yakira Capital Management Inc.'s investment portfolio, making the stock its 29th largest holding. Yakira Capital Management Inc. owned about 0.63% of PlayAGS worth $2,963,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Wells Fargo & Company MN raised its holdings in shares of PlayAGS by 40.5% during the fourth quarter. Wells Fargo & Company MN now owns 18,537 shares of the company's stock valued at $214,000 after acquiring an additional 5,348 shares during the period. Alliancebernstein L.P. raised its stake in PlayAGS by 84.4% during the 4th quarter. Alliancebernstein L.P. now owns 889,951 shares of the company's stock valued at $10,261,000 after purchasing an additional 407,203 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of PlayAGS by 5.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 684,276 shares of the company's stock valued at $7,890,000 after purchasing an additional 32,523 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of PlayAGS by 27.1% in the fourth 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. Finally, Quantbot Technologies LP acquired a new stake in shares of PlayAGS in the fourth quarter worth $91,000. 77.44% of the stock is owned by hedge funds and other institutional investors.

PlayAGS Stock Up 0.2 %

NYSE:AGS traded up $0.03 during trading hours on Friday, hitting $11.96. 122,757 shares of the company's stock traded hands, compared to its average volume of 359,982. The stock's fifty day moving average price is $12.06 and its two-hundred day moving average price is $11.78. The firm has a market cap of $493.24 million, a P/E ratio of 70.32 and a beta of 1.88. 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 $8.23 and a twelve month high of $12.16.

PlayAGS (NYSE:AGS - Get Free Report) last issued its earnings results on Thursday, March 6th. The company reported $1.03 earnings per share 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 return on equity of 10.37% and a net margin of 1.89%. On average, research analysts expect that PlayAGS Inc will post 0.31 earnings per share for the current fiscal 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.