JPMorgan Chase & Co. increased its stake in shares of PlayAGS Inc (NYSE:AGS - Free Report) by 15.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 284,089 shares of the company's stock after purchasing an additional 37,399 shares during the quarter. JPMorgan Chase & Co. owned 0.69% of PlayAGS worth $3,236,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Water Island Capital LLC acquired a new position in PlayAGS during the 2nd quarter worth approximately $10,432,000. Hsbc Holdings PLC boosted its stake in shares of PlayAGS by 1,442.2% in the second quarter. Hsbc Holdings PLC now owns 474,818 shares of the company's stock valued at $5,408,000 after buying an additional 444,030 shares in the last quarter. Barclays PLC grew its holdings in PlayAGS by 161.7% during the third quarter. Barclays PLC now owns 548,073 shares of the company's stock worth $6,243,000 after acquiring an additional 338,642 shares during the period. Gabelli Funds LLC raised its position in PlayAGS by 1,211.7% in the second quarter. Gabelli Funds LLC now owns 327,922 shares of the company's stock worth $3,771,000 after acquiring an additional 302,922 shares in the last quarter. Finally, Bank of Montreal Can acquired a new stake in PlayAGS in the second quarter valued at $2,650,000. 77.44% of the stock is currently owned by hedge funds and other institutional investors.
PlayAGS Price Performance
Shares of NYSE AGS traded down $0.02 during trading on Monday, hitting $11.86. 247,046 shares of the company were exchanged, compared to its average volume of 203,705. 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 $7.97 and a 1 year high of $11.91. The company has a market cap of $485.23 million, a price-to-earnings ratio of 69.74 and a beta of 2.31. The firm's fifty day moving average price is $11.60 and its 200 day moving average price is $11.49.
PlayAGS 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.
Further Reading
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
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.