LMR Partners LLP Buys 177,362 Shares of PlayAGS Inc (NYSE:AGS)

LMR Partners LLP grew its stake in shares of PlayAGS Inc (NYSE:AGS - Free Report) by 98.5% in the fourth quarter, according to its most recent disclosure with the 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 approximately 0.87% of PlayAGS worth $4,120,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also modified their holdings of AGS. Summit Investment Advisors Inc. raised its holdings in shares of PlayAGS by 34.9% in the 4th quarter. Summit Investment Advisors Inc. now owns 4,113 shares of the company's stock worth $47,000 after buying an additional 1,063 shares in the last quarter. Quantbot Technologies LP bought a new stake in PlayAGS during the 4th quarter worth about $91,000. FNY Investment Advisers LLC acquired a new stake in PlayAGS in the 4th quarter valued at about $115,000. Polymer Capital Management US LLC bought a new stake in shares of PlayAGS during the fourth quarter valued at approximately $130,000. Finally, Brevan Howard Capital Management LP acquired a new stake in shares of PlayAGS in the fourth quarter valued at approximately $159,000. 77.44% of the stock is currently owned by institutional investors.

PlayAGS Trading Up 0.1%

Shares of AGS stock traded up $0.01 on Friday, reaching $12.18. 225,073 shares of the stock were exchanged, compared to its average volume of 329,263. 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 one year low of $11.09 and a one year high of $12.32. The stock has a market cap of $502.52 million, a PE ratio of 71.65 and a beta of 1.52. The stock has a 50 day moving average price of $12.06 and a 200 day moving average price of $11.87.

PlayAGS (NYSE:AGS - Get Free Report) last announced its quarterly earnings data on Thursday, March 6th. The company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.88. The firm had revenue of $102.98 million during the quarter, compared to analysts' expectations of $99.49 million. PlayAGS had a return on equity of 10.37% and a net margin of 1.89%. Equities research analysts forecast that PlayAGS Inc will post 0.31 EPS for the current fiscal 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.