PlayAGS Inc (NYSE:AGS) Shares Bought by Gabelli Funds LLC

Gabelli Funds LLC grew its stake in PlayAGS Inc (NYSE:AGS - Free Report) by 1,211.7% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 327,922 shares of the company's stock after acquiring an additional 302,922 shares during the period. Gabelli Funds LLC owned about 0.83% of PlayAGS worth $3,771,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in AGS. BNP Paribas Financial Markets boosted its stake in shares of PlayAGS by 3.1% in the first quarter. BNP Paribas Financial Markets now owns 50,516 shares of the company's stock valued at $454,000 after purchasing an additional 1,497 shares during the period. Kennedy Capital Management LLC increased its position in shares of PlayAGS by 3.7% during the first quarter. Kennedy Capital Management LLC now owns 61,759 shares of the company's stock worth $555,000 after acquiring an additional 2,198 shares during the period. American Century Companies Inc. increased its position in shares of 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. grew its stake in PlayAGS by 65.0% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 14,989 shares of the company's stock worth $172,000 after purchasing an additional 5,906 shares in the last quarter. Finally, Acadian Asset Management LLC increased its holdings in PlayAGS by 1.8% during the 1st quarter. Acadian Asset Management LLC now owns 590,175 shares of the company's stock worth $5,299,000 after purchasing an additional 10,301 shares during the period. 77.44% of the stock is currently owned by institutional investors and hedge funds.

PlayAGS Stock Up 0.2 %

NYSE:AGS traded up $0.02 during trading hours on Wednesday, hitting $11.37. The company's stock had a trading volume of 148,538 shares, compared to its average volume of 383,615. The stock has a market capitalization of $457.53 million, a P/E ratio of 94.58 and a beta of 2.36. The company has a current ratio of 3.06, a quick ratio of 2.43 and a debt-to-equity ratio of 7.65. The stock has a fifty day moving average of $11.34 and a 200-day moving average of $10.64. PlayAGS Inc has a 52-week low of $6.27 and a 52-week high of $11.75.

PlayAGS (NYSE:AGS - Get Free Report) last posted 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). The business had revenue of $96.74 million for the quarter, compared to analysts' expectations of $94.93 million. PlayAGS had a return on equity of 6.89% and a net margin of 1.25%. On average, equities analysts forecast that PlayAGS Inc will post 0.43 earnings per share for the current year.

Analyst Ratings Changes

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

About PlayAGS

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.