K2 Principal Fund L.P. Grows Holdings in PlayAGS Inc (NYSE:AGS)

K2 Principal Fund L.P. raised its position in PlayAGS Inc (NYSE:AGS) by 42.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 99,918 shares of the company’s stock after purchasing an additional 30,000 shares during the period. K2 Principal Fund L.P.’s holdings in PlayAGS were worth $1,152,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Barclays PLC raised its position in PlayAGS by 161.7% in 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 period. JPMorgan Chase & Co. lifted its stake in PlayAGS by 15.2% in 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 last quarter. Harbor Capital Advisors Inc. lifted its stake in PlayAGS by 21.4% in 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 during the last quarter. FNY Investment Advisers LLC purchased a new stake in PlayAGS in the fourth quarter worth $115,000. Finally, SG Americas Securities LLC increased its position in PlayAGS by 38.9% in the fourth quarter. SG Americas Securities LLC now owns 18,347 shares of the company’s stock worth $212,000 after buying an additional 5,135 shares during the last quarter. Institutional investors own 77.44% of the company’s stock.

PlayAGS Stock Up 0.6 %

Shares of NYSE AGS opened at $12.14 on Friday. 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 capitalization of $500.87 million, a PE ratio of 71.41 and a beta of 1.52. PlayAGS Inc has a one year low of $11.09 and a one year high of $12.18. The business’s fifty day moving average price is $12.05 and its 200-day moving average price is $11.86.

PlayAGS (NYSE:AGS) last released its quarterly earnings data on Thursday, March 6th. The company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.15 by $0.88. The business had revenue of $102.98 million for the quarter, compared to the consensus estimate of $99.49 million. PlayAGS had a net margin of 1.89% and a return on equity of 10.37%. On average, equities research analysts anticipate that PlayAGS Inc will post 0.31 EPS for the current year.

PlayAGS Company 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.