Meredith Wealth Planning Lowers Stock Position in PlayAGS Inc (NYSE:AGS)

Meredith Wealth Planning lessened its holdings in PlayAGS Inc (NYSE:AGS) by 11.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,100 shares of the company’s stock after selling 4,790 shares during the quarter. Meredith Wealth Planning’s holdings in PlayAGS were worth $439,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in AGS. Barclays PLC boosted its holdings in PlayAGS by 161.7% in the 3rd quarter. Barclays PLC now owns 548,073 shares of the company’s stock valued at $6,243,000 after purchasing an additional 338,642 shares in the last quarter. Alpine Associates Management Inc. boosted its stake in shares of PlayAGS by 11.2% during the 3rd quarter. Alpine Associates Management Inc. now owns 1,702,117 shares of the company’s stock worth $19,387,000 after acquiring an additional 171,274 shares in the last quarter. LMR Partners LLP grew its holdings in shares of PlayAGS by 173.9% in the 3rd quarter. LMR Partners LLP now owns 180,000 shares of the company’s stock worth $2,050,000 after acquiring an additional 114,271 shares during the period. Olympiad Research LP acquired a new stake in shares of PlayAGS in the 3rd quarter worth approximately $1,164,000. Finally, FMR LLC grew its holdings in shares of PlayAGS by 59.1% in the 3rd quarter. FMR LLC now owns 167,911 shares of the company’s stock worth $1,913,000 after acquiring an additional 62,396 shares during the period. Hedge funds and other institutional investors own 77.44% of the company’s stock.

PlayAGS Stock Performance

AGS opened at $12.09 on Monday. The stock has a market cap of $494.64 million, a P/E ratio of 71.09 and a beta of 2.30. 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’s 50 day simple moving average is $11.76 and its 200 day simple moving average is $11.58. PlayAGS Inc has a 1-year low of $8.23 and a 1-year high of $12.09.

PlayAGS 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.