PlayAGS Inc (NYSE:AGS) Shares Sold by Diametric Capital LP

Diametric Capital LP cut its holdings in PlayAGS Inc (NYSE:AGS) by 5.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 81,328 shares of the company’s stock after selling 4,457 shares during the period. Diametric Capital LP’s holdings in PlayAGS were worth $938,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Decagon Asset Management LLP bought a new stake in shares of PlayAGS during the 4th quarter worth about $18,933,000. Alliancebernstein L.P. raised its holdings in shares of PlayAGS by 84.4% during the fourth quarter. Alliancebernstein L.P. now owns 889,951 shares of the company’s stock worth $10,261,000 after acquiring an additional 407,203 shares in the last quarter. Barclays PLC grew its position in PlayAGS by 161.7% in the third quarter. Barclays PLC now owns 548,073 shares of the company’s stock worth $6,243,000 after acquiring an additional 338,642 shares in the last quarter. Candriam S.C.A. bought a new stake in PlayAGS during the fourth quarter worth approximately $2,131,000. Finally, JPMorgan Chase & Co. grew its holdings in PlayAGS by 27.1% in the 4th quarter. JPMorgan Chase & Co. now owns 361,195 shares of the company’s stock valued at $4,165,000 after buying an additional 77,106 shares during the last quarter. Institutional investors own 77.44% of the company’s stock.

PlayAGS Stock Down 0.1 %

Shares of AGS stock opened at $12.11 on Tuesday. The company has a debt-to-equity ratio of 7.49, a current ratio of 3.35 and a quick ratio of 2.64. The stock has a market cap of $499.43 million, a P/E ratio of 71.21 and a beta of 2.37. PlayAGS Inc has a one year low of $8.23 and a one year high of $12.16. The stock has a fifty day moving average price of $12.06 and a 200 day moving average price of $11.74.

PlayAGS (NYSE:AGS) last posted its earnings results on Thursday, March 6th. The company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.88. The firm had revenue of $102.98 million during the quarter, compared to analysts’ expectations of $99.49 million. PlayAGS had a return on equity of 10.37% and a net margin of 1.89%. Analysts predict that PlayAGS Inc will post 0.31 earnings per share for the current year.

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.