PlayAGS Inc (NYSE:AGS) Shares Bought by Yakira Capital Management Inc.

Yakira Capital Management Inc. grew its holdings in PlayAGS Inc (NYSE:AGS) by 95.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 257,017 shares of the company’s stock after purchasing an additional 125,635 shares during the quarter. PlayAGS makes up approximately 1.1% of Yakira Capital Management Inc.’s portfolio, making the stock its 29th largest holding. Yakira Capital Management Inc. owned 0.63% of PlayAGS worth $2,963,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Quantbot Technologies LP acquired a new stake in PlayAGS during the 4th quarter valued at $91,000. FNY Investment Advisers LLC purchased a new stake in shares of PlayAGS in the fourth quarter valued at $115,000. Burren Capital Advisors Ltd acquired a new stake in shares of PlayAGS during the fourth quarter valued at $171,000. SG Americas Securities LLC increased its position in PlayAGS by 38.9% during 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, Wells Fargo & Company MN increased its position in PlayAGS by 40.5% during the 4th quarter. Wells Fargo & Company MN now owns 18,537 shares of the company’s stock worth $214,000 after purchasing an additional 5,348 shares in the last quarter. 77.44% of the stock is owned by hedge funds and other institutional investors.

PlayAGS Price Performance

NYSE:AGS opened at $11.99 on Friday. PlayAGS Inc has a 12-month low of $8.23 and a 12-month high of $12.16. The firm has a market cap of $494.68 million, a price-to-earnings ratio of 70.53 and a beta of 1.88. The company’s 50-day moving average is $12.07 and its two-hundred day moving average is $11.76. The company has a current ratio of 3.35, a quick ratio of 2.64 and a debt-to-equity ratio of 7.49.

PlayAGS (NYSE:AGS) last announced its quarterly earnings data on Thursday, March 6th. The company reported $1.03 earnings per share (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%. Research analysts expect that PlayAGS Inc will post 0.31 EPS 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.