Vanguard Group Inc. trimmed its stake in shares of PlayAGS Inc (NYSE:AGS - Free Report) by 2.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,121,394 shares of the company's stock after selling 47,876 shares during the quarter. Vanguard Group Inc. owned about 5.18% of PlayAGS worth $24,460,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also modified their holdings of AGS. Quantbot Technologies LP acquired a new position in shares of PlayAGS during the fourth quarter worth about $91,000. Virtu Financial LLC increased its position in PlayAGS by 24.5% during the 4th quarter. Virtu Financial LLC now owns 34,210 shares of the company's stock worth $394,000 after purchasing an additional 6,738 shares during the period. Decagon Asset Management LLP purchased a new position in shares of PlayAGS during the 4th quarter worth approximately $18,933,000. Skandinaviska Enskilda Banken AB publ boosted its stake in shares of PlayAGS by 12.4% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 188,393 shares of the company's stock valued at $2,167,000 after buying an additional 20,771 shares in the last quarter. Finally, Burren Capital Advisors Ltd acquired a new position in PlayAGS during the fourth quarter worth $171,000. Institutional investors and hedge funds own 77.44% of the company's stock.
PlayAGS Price Performance
Shares of NYSE AGS traded up $0.05 during trading on Friday, hitting $12.02. 450,658 shares of the company were exchanged, compared to its average volume of 370,435. 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 1 year low of $8.23 and a 1 year high of $12.16. The company has a market cap of $495.71 million, a price-to-earnings ratio of 70.68 and a beta of 1.88. The firm's fifty day moving average price is $12.04 and its 200 day moving average price is $11.81.
PlayAGS (NYSE:AGS - Get Free Report) last issued its earnings results on Thursday, March 6th. The company reported $1.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.88. The company had revenue of $102.98 million during the quarter, compared to analysts' expectations of $99.49 million. PlayAGS had a net margin of 1.89% and a return on equity of 10.37%. On average, sell-side analysts expect that PlayAGS Inc will post 0.31 earnings per share for the current fiscal year.
PlayAGS Company Profile
(
Free Report)
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.
See Also
Before you consider PlayAGS, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PlayAGS wasn't on the list.
While PlayAGS currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
