M&T Bank Corp lessened its stake in shares of PlayAGS Inc (NYSE:AGS - Free Report) by 12.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 172,434 shares of the company's stock after selling 24,220 shares during the quarter. M&T Bank Corp owned about 0.42% of PlayAGS worth $1,988,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of AGS. FNY Investment Advisers LLC purchased a new position in PlayAGS in the fourth quarter worth $115,000. Murchinson Ltd. purchased a new position in PlayAGS in the third quarter worth $194,000. SG Americas Securities LLC raised its position in PlayAGS by 38.9% in 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 in the last quarter. Harbor Capital Advisors Inc. raised its position in PlayAGS by 21.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 20,372 shares of the company's stock worth $235,000 after acquiring an additional 3,591 shares in the last quarter. Finally, Principal Financial Group Inc. purchased a new position in PlayAGS in the third quarter worth $237,000. Hedge funds and other institutional investors own 77.44% of the company's stock.
PlayAGS Price Performance
NYSE:AGS traded down $0.07 during trading hours on Wednesday, hitting $11.94. The company's stock had a trading volume of 1,346,987 shares, compared to its average volume of 330,224. The business's 50-day moving average is $11.96 and its two-hundred day moving average is $11.66. The company has a market capitalization of $488.46 million, a PE ratio of 70.21 and a beta of 2.37. The company has a debt-to-equity ratio of 7.49, a quick ratio of 2.64 and a current ratio of 3.35. PlayAGS Inc has a 52-week low of $8.23 and a 52-week high of $12.16.
PlayAGS (NYSE:AGS - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.88. The company had revenue of $102.98 million for the quarter, compared to analyst estimates of $99.49 million. PlayAGS had a return on equity of 10.37% and a net margin of 1.89%. As a group, research analysts anticipate that PlayAGS Inc will post 0.31 EPS for the current fiscal year.
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.
Featured Stories
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
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
