Russell Investments Group Ltd. Sells 753,073 Shares of PlayAGS Inc (NYSE:AGS)

Russell Investments Group Ltd. trimmed its position in PlayAGS Inc (NYSE:AGS - Free Report) by 80.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 179,518 shares of the company's stock after selling 753,073 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.44% of PlayAGS worth $2,070,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of AGS. Principal Financial Group Inc. boosted its position in PlayAGS by 9.3% during the fourth quarter. Principal Financial Group Inc. now owns 22,777 shares of the company's stock worth $263,000 after purchasing an additional 1,942 shares during the period. Harbor Capital Advisors Inc. lifted its stake in shares of 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 buying an additional 3,591 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of PlayAGS by 38.9% during the 4th quarter. SG Americas Securities LLC now owns 18,347 shares of the company's stock worth $212,000 after buying an additional 5,135 shares during the period. Wells Fargo & Company MN grew its stake in PlayAGS by 40.5% in the 4th quarter. Wells Fargo & Company MN now owns 18,537 shares of the company's stock valued at $214,000 after buying an additional 5,348 shares during the last quarter. Finally, Virtu Financial LLC raised its holdings in PlayAGS by 24.5% in the 4th quarter. Virtu Financial LLC now owns 34,210 shares of the company's stock valued at $394,000 after acquiring an additional 6,738 shares during the period. 77.44% of the stock is owned by institutional investors.

PlayAGS Stock Performance

AGS stock traded up $0.03 during mid-day trading on Thursday, hitting $12.09. 77,162 shares of the company were exchanged, compared to its average volume of 370,980. PlayAGS Inc has a 1-year low of $8.23 and a 1-year high of $12.30. The stock has a market capitalization of $498.60 million, a PE ratio of 71.09 and a beta of 1.88. The business has a 50 day simple moving average of $12.04 and a 200-day simple moving average of $11.81. The company has a current ratio of 3.35, a quick ratio of 2.64 and a debt-to-equity ratio of 7.49.

PlayAGS (NYSE:AGS - Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.88. The business had revenue of $102.98 million during 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, equities 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.