JPMorgan Chase & Co. increased its stake in PlayAGS Inc (NYSE:AGS - Free Report) by 27.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 361,195 shares of the company's stock after purchasing an additional 77,106 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.88% of PlayAGS worth $4,165,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the stock. Principal Financial Group Inc. raised its holdings in shares of PlayAGS by 9.3% during the 4th quarter. Principal Financial Group Inc. now owns 22,777 shares of the company's stock worth $263,000 after acquiring an additional 1,942 shares in the last quarter. Harbor Capital Advisors Inc. lifted its holdings in shares of PlayAGS by 21.4% in the 4th quarter. Harbor Capital Advisors Inc. now owns 20,372 shares of the company's stock valued at $235,000 after acquiring an additional 3,591 shares during the last quarter. SG Americas Securities LLC increased its stake in PlayAGS by 38.9% during the fourth quarter. SG Americas Securities LLC now owns 18,347 shares of the company's stock worth $212,000 after acquiring an additional 5,135 shares during the last quarter. Virtu Financial LLC raised its position in PlayAGS by 24.5% during the fourth quarter. Virtu Financial LLC now owns 34,210 shares of the company's stock valued at $394,000 after purchasing an additional 6,738 shares during the period. Finally, Quantbot Technologies LP purchased a new stake in PlayAGS during the 4th quarter valued at $91,000. Institutional investors own 77.44% of the company's stock.
PlayAGS Trading Up 0.2 %
AGS stock traded up $0.03 during mid-day trading on Thursday, reaching $12.09. 51,742 shares of the stock traded hands, compared to its average volume of 370,944. The business has a 50-day moving average price of $12.04 and a two-hundred day moving average price of $11.81. The company has a debt-to-equity ratio of 7.49, a quick ratio of 2.64 and a current ratio of 3.35. The stock has a market capitalization of $498.60 million, a PE ratio of 71.09 and a beta of 1.88. PlayAGS Inc has a one year low of $8.23 and a one year high of $12.30.
PlayAGS (NYSE:AGS - Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The company reported $1.03 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 analyst estimates of $99.49 million. PlayAGS had a net margin of 1.89% and a return on equity of 10.37%. Equities research analysts expect that PlayAGS Inc will post 0.31 EPS for the current 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.
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