Virtu Financial LLC Boosts Stock Position in PlayAGS Inc (NYSE:AGS)

Virtu Financial LLC boosted its holdings in shares of PlayAGS Inc (NYSE:AGS) by 24.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,210 shares of the company’s stock after purchasing an additional 6,738 shares during the period. Virtu Financial LLC owned about 0.08% of PlayAGS worth $394,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of AGS. Principal Financial Group Inc. grew its position 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 worth $263,000 after buying an additional 1,942 shares during the last quarter. Harvest Management LLC boosted its holdings in PlayAGS by 14.3% in the third quarter. Harvest Management LLC now owns 22,400 shares of the company’s stock valued at $255,000 after acquiring an additional 2,800 shares in the last quarter. Harbor Capital Advisors Inc. increased its position in PlayAGS by 21.4% during the 4th 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 during the period. SG Americas Securities LLC raised its holdings in PlayAGS by 38.9% in the 4th quarter. SG Americas Securities LLC now owns 18,347 shares of the company’s stock worth $212,000 after purchasing an additional 5,135 shares in the last quarter. Finally, State Street Corp lifted its position in shares of PlayAGS by 1.3% in the 3rd quarter. State Street Corp now owns 751,949 shares of the company’s stock worth $8,565,000 after purchasing an additional 9,816 shares during the period. Institutional investors own 77.44% of the company’s stock.

PlayAGS Price Performance

Shares of NYSE AGS opened at $12.13 on Thursday. 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 1 year low of $8.23 and a 1 year high of $12.16. The company’s 50-day moving average is $12.04 and its 200 day moving average is $11.72. The stock has a market capitalization of $500.25 million, a P/E ratio of 71.32 and a beta of 2.37.

PlayAGS (NYSE:AGS) last announced its 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. PlayAGS had a return on equity of 10.37% and a net margin of 1.89%. The firm had revenue of $102.98 million during the quarter, compared to analyst estimates of $99.49 million. On average, sell-side analysts expect that PlayAGS Inc will post 0.31 earnings per share for the current 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.