Sagefield Capital LP Takes $1.21 Million Position in PlayAGS Inc (NYSE:AGS)

Sagefield Capital LP bought a new position in PlayAGS Inc (NYSE:AGS - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 105,169 shares of the company's stock, valued at approximately $1,213,000. Sagefield Capital LP owned approximately 0.26% of PlayAGS at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Summit Investment Advisors Inc. lifted its holdings in PlayAGS by 34.9% during the fourth quarter. Summit Investment Advisors Inc. now owns 4,113 shares of the company's stock valued at $47,000 after purchasing an additional 1,063 shares during the last quarter. Quantbot Technologies LP purchased a new position in PlayAGS in the fourth quarter worth $91,000. ProShare Advisors LLC purchased a new stake in PlayAGS during the fourth quarter valued at about $128,000. Polymer Capital Management US LLC purchased a new position in shares of PlayAGS during the 4th quarter valued at about $130,000. Finally, Brevan Howard Capital Management LP bought a new position in PlayAGS during the fourth quarter valued at approximately $159,000. Institutional investors own 77.44% of the company's stock.

PlayAGS Trading Up 0.3%

Shares of NYSE:AGS traded up $0.04 on Thursday, reaching $12.26. 728,555 shares of the company traded hands, compared to its average volume of 327,356. The company has a current ratio of 3.35, a quick ratio of 2.64 and a debt-to-equity ratio of 7.49. The business's 50-day simple moving average is $12.07 and its 200 day simple moving average is $11.89. The stock has a market capitalization of $505.62 million, a P/E ratio of 72.09 and a beta of 1.52. PlayAGS Inc has a 52 week low of $11.09 and a 52 week high of $12.32.

PlayAGS (NYSE:AGS - Get Free Report) last posted its 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 firm had revenue of $102.98 million for 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%. As a group, equities analysts anticipate that PlayAGS Inc will post 0.31 EPS for the current fiscal year.

PlayAGS Company 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.