LMR Partners LLP Grows Stock Holdings in PlayAGS Inc (NYSE:AGS)

LMR Partners LLP increased its position in PlayAGS Inc (NYSE:AGS - Free Report) by 98.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 357,362 shares of the company's stock after buying an additional 177,362 shares during the period. LMR Partners LLP owned about 0.87% of PlayAGS worth $4,120,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. K2 Principal Fund L.P. raised its position in shares of PlayAGS by 42.9% in the fourth quarter. K2 Principal Fund L.P. now owns 99,918 shares of the company's stock valued at $1,152,000 after buying an additional 30,000 shares during the last quarter. Graham Capital Management L.P. raised its position in shares of PlayAGS by 8.8% in the fourth quarter. Graham Capital Management L.P. now owns 31,980 shares of the company's stock valued at $369,000 after buying an additional 2,589 shares during the last quarter. Emmett Investment Management LP acquired a new position in shares of PlayAGS in the fourth quarter valued at approximately $9,655,000. Deutsche Bank AG increased its position in PlayAGS by 69.7% during the fourth quarter. Deutsche Bank AG now owns 35,312 shares of the company's stock worth $407,000 after purchasing an additional 14,506 shares during the last quarter. Finally, Corton Capital Inc. acquired a new position in PlayAGS during the fourth quarter worth approximately $161,000. Institutional investors and hedge funds own 77.44% of the company's stock.

PlayAGS Trading Up 0.1%

AGS stock traded up $0.01 on Friday, hitting $12.18. 225,073 shares of the company were exchanged, compared to its average volume of 325,962. PlayAGS Inc has a twelve month low of $11.09 and a twelve month high of $12.32. The company has a debt-to-equity ratio of 7.49, a current ratio of 3.35 and a quick ratio of 2.64. The business's fifty day moving average is $12.06 and its two-hundred day moving average is $11.88. The stock has a market capitalization of $502.52 million, a price-to-earnings ratio of 71.65 and a beta of 1.52.

PlayAGS (NYSE:AGS - Get Free Report) last issued its quarterly earnings results on Thursday, March 6th. The company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.15 by $0.88. PlayAGS had a net margin of 1.89% and a return on equity of 10.37%. The firm had revenue of $102.98 million during the quarter, compared to analyst estimates of $99.49 million. As a group, research analysts forecast 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.