Gamco Investors INC. ET AL Boosts Stock Holdings in PlayAGS Inc (NYSE:AGS)

Gamco Investors INC. ET AL grew its position in PlayAGS Inc (NYSE:AGS) by 13.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,676 shares of the company’s stock after acquiring an additional 2,296 shares during the quarter. Gamco Investors INC. ET AL’s holdings in PlayAGS were worth $227,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Decagon Asset Management LLP acquired a new stake in PlayAGS during the 4th quarter worth $18,933,000. Alliancebernstein L.P. boosted its position in 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 during the last quarter. Barclays PLC boosted its position in PlayAGS by 161.7% during 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 during the last quarter. Candriam S.C.A. acquired a new stake in PlayAGS in the 4th quarter valued at about $2,131,000. Finally, Yakira Capital Management Inc. lifted its stake in PlayAGS by 95.6% in the 4th quarter. Yakira Capital Management Inc. now owns 257,017 shares of the company’s stock worth $2,963,000 after purchasing an additional 125,635 shares in the last quarter. 77.44% of the stock is owned by institutional investors and hedge funds.

PlayAGS Trading Up 0.4 %

Shares of PlayAGS stock opened at $12.02 on Friday. PlayAGS Inc has a 1-year low of $8.23 and a 1-year high of $12.16. 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 $495.71 million, a P/E ratio of 70.68 and a beta of 1.88. The stock’s 50 day simple moving average is $12.04 and its 200-day simple moving average is $11.80.

PlayAGS (NYSE:AGS) last released its quarterly earnings data 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. Analysts predict 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.