Cubist Systematic Strategies LLC Has $2.11 Million Stock Holdings in PlayAGS Inc (NYSE:AGS)

Cubist Systematic Strategies LLC raised its stake in shares of PlayAGS Inc (NYSE:AGS - Free Report) by 360.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 183,020 shares of the company's stock after buying an additional 143,286 shares during the quarter. Cubist Systematic Strategies LLC owned about 0.45% of PlayAGS worth $2,105,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of AGS. Price T Rowe Associates Inc. MD acquired a new position in shares of PlayAGS in the 1st quarter valued at approximately $96,000. Harbor Capital Advisors Inc. grew its position in shares of PlayAGS by 65.0% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 14,989 shares of the company's stock valued at $172,000 after purchasing an additional 5,906 shares during the period. Skandinaviska Enskilda Banken AB publ acquired a new position in shares of PlayAGS in the 2nd quarter valued at approximately $181,000. K2 Principal Fund L.P. acquired a new position in shares of PlayAGS in the 2nd quarter valued at approximately $438,000. Finally, BNP Paribas Financial Markets grew its position in shares of PlayAGS by 3.1% in the 1st 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. 77.44% of the stock is currently owned by institutional investors and hedge funds.

PlayAGS Stock Up 0.2 %

Shares of PlayAGS stock traded up $0.02 on Tuesday, reaching $11.41. 164,526 shares of the company were exchanged, compared to its average volume of 379,083. PlayAGS Inc has a one year low of $6.27 and a one year high of $11.75. The company has a market capitalization of $450.18 million, a price-to-earnings ratio of 95.08 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 company has a 50-day moving average of $11.34 and a 200 day moving average of $10.71.

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

Wall Street Analysts Forecast Growth

Separately, B. Riley reiterated a "neutral" rating and issued 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.