Trexquant Investment LP cut its position in shares of PlayAGS Inc (NYSE:AGS - Free Report) by 28.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 102,411 shares of the company's stock after selling 41,193 shares during the quarter. Trexquant Investment LP owned 0.25% of PlayAGS worth $1,181,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in the company. Alliancebernstein L.P. lifted its position in PlayAGS by 84.4% in the 4th quarter. Alliancebernstein L.P. now owns 889,951 shares of the company's stock worth $10,261,000 after buying an additional 407,203 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in PlayAGS by 5.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 684,276 shares of the company's stock valued at $7,890,000 after purchasing an additional 32,523 shares during the last quarter. JPMorgan Chase & Co. grew its stake in PlayAGS by 27.1% in the fourth quarter. JPMorgan Chase & Co. now owns 361,195 shares of the company's stock valued at $4,165,000 after purchasing an additional 77,106 shares in the last quarter. Quantbot Technologies LP acquired a new position in PlayAGS in the 4th quarter worth about $91,000. Finally, Virtu Financial LLC raised its stake in shares of PlayAGS by 24.5% during the 4th quarter. Virtu Financial LLC now owns 34,210 shares of the company's stock worth $394,000 after purchasing an additional 6,738 shares in the last quarter. Hedge funds and other institutional investors own 77.44% of the company's stock.
PlayAGS Stock Up 0.0 %
Shares of PlayAGS stock traded up $0.01 during trading on Wednesday, hitting $11.93. 52,952 shares of the stock traded hands, compared to its average volume of 364,591. The stock has a market cap of $492.00 million, a P/E ratio of 70.15 and a beta of 1.88. The company has a fifty day moving average price of $12.05 and a two-hundred day moving average price of $11.79. PlayAGS Inc has a twelve month low of $8.23 and a twelve month high of $12.16. 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 (NYSE:AGS - Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.88. The company had revenue of $102.98 million during the quarter, compared to the consensus estimate of $99.49 million. PlayAGS had a return on equity of 10.37% and a net margin of 1.89%. Equities research analysts predict that PlayAGS Inc will post 0.31 EPS for the current fiscal year.
PlayAGS Company 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.
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