Renaissance Technologies LLC Grows Stock Position in PlayAGS Inc (NYSE:AGS)

Renaissance Technologies LLC lifted its position in PlayAGS Inc (NYSE:AGS - Free Report) by 15.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,771,742 shares of the company's stock after purchasing an additional 232,500 shares during the quarter. Renaissance Technologies LLC owned about 4.49% of PlayAGS worth $20,375,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. BNP Paribas Financial Markets lifted its stake in PlayAGS by 3.1% during the 1st quarter. BNP Paribas Financial Markets now owns 50,516 shares of the company's stock valued at $454,000 after acquiring an additional 1,497 shares during the period. Kennedy Capital Management LLC lifted its holdings in shares of PlayAGS by 3.7% in the 1st quarter. Kennedy Capital Management LLC now owns 61,759 shares of the company's stock valued at $555,000 after buying an additional 2,198 shares during the period. American Century Companies Inc. grew its holdings in PlayAGS by 5.7% during the second quarter. American Century Companies Inc. now owns 52,902 shares of the company's stock worth $608,000 after acquiring an additional 2,838 shares during the period. Harbor Capital Advisors Inc. raised its position in PlayAGS by 65.0% during the second quarter. Harbor Capital Advisors Inc. now owns 14,989 shares of the company's stock valued at $172,000 after acquiring an additional 5,906 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its holdings in PlayAGS by 1.8% in the first quarter. Acadian Asset Management LLC now owns 590,175 shares of the company's stock valued at $5,299,000 after acquiring an additional 10,301 shares during the period. Institutional investors and hedge funds own 77.44% of the company's stock.

PlayAGS Price Performance

NYSE AGS remained flat at $11.30 during trading hours on Friday. The company had a trading volume of 751,188 shares, compared to its average volume of 387,506. The stock has a market capitalization of $445.84 million, a price-to-earnings ratio of 94.17 and a beta of 2.36. The firm has a fifty day moving average price of $11.35 and a 200-day moving average price of $10.60. The company has a debt-to-equity ratio of 7.65, a current ratio of 3.06 and a quick ratio of 2.43. PlayAGS Inc has a 12 month low of $6.27 and a 12 month high of $11.75.

PlayAGS (NYSE:AGS - Get Free Report) last announced its earnings results on Wednesday, August 7th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.10). PlayAGS had a return on equity of 6.89% and a net margin of 1.25%. The business had revenue of $96.74 million for the quarter, compared to analyst estimates of $94.93 million. Equities analysts forecast that PlayAGS Inc will post 0.43 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, B. Riley reaffirmed a "neutral" rating and set a $12.50 price objective (down previously from $16.00) on shares of PlayAGS in a research note on Monday, August 5th.

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.