PlayAGS Inc (NYSE:AGS) Holdings Boosted by Wells Fargo & Company MN

Wells Fargo & Company MN increased its stake in PlayAGS Inc (NYSE:AGS) by 40.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,537 shares of the company’s stock after purchasing an additional 5,348 shares during the period. Wells Fargo & Company MN’s holdings in PlayAGS were worth $214,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of AGS. Barclays PLC raised its stake in PlayAGS by 161.7% during the 3rd quarter. Barclays PLC now owns 548,073 shares of the company’s stock valued at $6,243,000 after acquiring an additional 338,642 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of PlayAGS by 15.2% during the third quarter. JPMorgan Chase & Co. now owns 284,089 shares of the company’s stock valued at $3,236,000 after purchasing an additional 37,399 shares during the period. Harbor Capital Advisors Inc. raised its stake in shares of PlayAGS by 21.4% during the fourth quarter. Harbor Capital Advisors Inc. now owns 20,372 shares of the company’s stock valued at $235,000 after purchasing an additional 3,591 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in PlayAGS in the fourth quarter worth about $115,000. Finally, SG Americas Securities LLC grew its position in PlayAGS by 38.9% in the 4th quarter. SG Americas Securities LLC now owns 18,347 shares of the company’s stock valued at $212,000 after buying an additional 5,135 shares in the last quarter. Institutional investors and hedge funds own 77.44% of the company’s stock.

PlayAGS Price Performance

Shares of NYSE:AGS opened at $12.08 on Friday. The stock has a market cap of $498.19 million, a price-to-earnings ratio of 71.03 and a beta of 1.52. The company has a debt-to-equity ratio of 7.49, a current ratio of 3.35 and a quick ratio of 2.64. PlayAGS Inc has a 12 month low of $10.65 and a 12 month high of $12.18. The stock’s 50 day moving average price is $12.05 and its 200 day moving average price is $11.85.

PlayAGS (NYSE:AGS) last announced its quarterly earnings data 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 business had revenue of $102.98 million during 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%. Equities research analysts anticipate that PlayAGS Inc will post 0.31 earnings per share for the current fiscal year.

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.