Gabelli Funds LLC Has $4.81 Million Stock Holdings in PlayAGS Inc (NYSE:AGS)

Gabelli Funds LLC boosted its position in shares of PlayAGS Inc (NYSE:AGS) by 7.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 417,496 shares of the company’s stock after purchasing an additional 30,168 shares during the quarter. Gabelli Funds LLC owned 1.02% of PlayAGS worth $4,814,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of AGS. Summit Investment Advisors Inc. grew its holdings in shares of PlayAGS by 34.9% in the 4th quarter. Summit Investment Advisors Inc. now owns 4,113 shares of the company’s stock valued at $47,000 after buying an additional 1,063 shares during the period. Principal Financial Group Inc. lifted its holdings in PlayAGS by 9.3% during the fourth quarter. Principal Financial Group Inc. now owns 22,777 shares of the company’s stock worth $263,000 after acquiring an additional 1,942 shares in the last quarter. Harbor Capital Advisors Inc. lifted its holdings in PlayAGS by 21.4% during the fourth quarter. Harbor Capital Advisors Inc. now owns 20,372 shares of the company’s stock worth $235,000 after acquiring an additional 3,591 shares in the last quarter. SG Americas Securities LLC grew its stake in PlayAGS by 38.9% in the fourth quarter. SG Americas Securities LLC now owns 18,347 shares of the company’s stock valued at $212,000 after acquiring an additional 5,135 shares during the period. Finally, Wells Fargo & Company MN increased its holdings in shares of PlayAGS by 40.5% in the fourth quarter. Wells Fargo & Company MN now owns 18,537 shares of the company’s stock worth $214,000 after acquiring an additional 5,348 shares in the last quarter. Institutional investors own 77.44% of the company’s stock.

PlayAGS Trading Up 0.4 %

NYSE:AGS opened at $12.02 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 business’s 50-day simple moving average is $12.05 and its 200-day simple moving average is $11.80. PlayAGS Inc has a fifty-two week low of $8.23 and a fifty-two week high of $12.16. The stock has a market capitalization of $495.71 million, a PE ratio of 70.68 and a beta of 1.88.

PlayAGS (NYSE:AGS) last announced its quarterly earnings results on Thursday, March 6th. The company reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.88. PlayAGS had a net margin of 1.89% and a return on equity of 10.37%. The firm had revenue of $102.98 million for the quarter, compared to analyst estimates of $99.49 million. Sell-side analysts expect that PlayAGS Inc will post 0.31 earnings per share for the current fiscal 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.