Captrust Financial Advisors Makes New $577,000 Investment in PlayAGS Inc (NYSE:AGS)

Captrust Financial Advisors acquired a new stake in PlayAGS Inc (NYSE:AGS) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 50,029 shares of the company’s stock, valued at approximately $577,000. Captrust Financial Advisors owned 0.12% of PlayAGS at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Summit Investment Advisors Inc. increased its stake in PlayAGS by 34.9% in the fourth quarter. Summit Investment Advisors Inc. now owns 4,113 shares of the company’s stock valued at $47,000 after purchasing an additional 1,063 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of PlayAGS by 9.3% in the 4th quarter. Principal Financial Group Inc. now owns 22,777 shares of the company’s stock valued at $263,000 after buying an additional 1,942 shares during the period. Gamco Investors INC. ET AL increased its position in PlayAGS by 13.2% in the 4th quarter. Gamco Investors INC. ET AL now owns 19,676 shares of the company’s stock valued at $227,000 after buying an additional 2,296 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in PlayAGS by 20.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 15,171 shares of the company’s stock worth $175,000 after buying an additional 2,582 shares during the period. Finally, MetLife Investment Management LLC raised its stake in PlayAGS by 20.3% during the 4th quarter. MetLife Investment Management LLC now owns 25,607 shares of the company’s stock worth $295,000 after buying an additional 4,329 shares during the period. 77.44% of the stock is owned by institutional investors and hedge funds.

PlayAGS Stock Up 0.1%

Shares of NYSE:AGS opened at $12.18 on Monday. 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 $11.09 and a 52-week high of $12.32. The business’s 50 day simple moving average is $12.06 and its two-hundred day simple moving average is $11.88. The firm has a market cap of $502.52 million, a P/E ratio of 71.65 and a beta of 1.52.

PlayAGS (NYSE:AGS) last issued its earnings results on Thursday, March 6th. The company reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.88. PlayAGS had a return on equity of 10.37% and a net margin of 1.89%. The company had revenue of $102.98 million for the quarter, compared to analyst estimates of $99.49 million. As a group, research analysts forecast that PlayAGS Inc will post 0.31 EPS 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.