LMR Partners LLP Grows Stock Position in PlayAGS Inc (NYSE:AGS)

LMR Partners LLP increased its holdings in shares of PlayAGS Inc (NYSE:AGS) by 173.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 180,000 shares of the company’s stock after buying an additional 114,271 shares during the quarter. LMR Partners LLP owned about 0.45% of PlayAGS worth $2,050,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in AGS. Emerald Advisers LLC raised its holdings in shares of PlayAGS by 193.4% in the 3rd quarter. Emerald Advisers LLC now owns 6,623 shares of the company’s stock worth $75,000 after purchasing an additional 4,366 shares during the period. Price T Rowe Associates Inc. MD purchased a new position in shares of PlayAGS in the 1st quarter worth about $96,000. SG Americas Securities LLC purchased a new position in shares of PlayAGS in the 3rd quarter worth about $150,000. Harbor Capital Advisors Inc. raised its holdings in shares of PlayAGS by 65.0% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 14,989 shares of the company’s stock worth $172,000 after purchasing an additional 5,906 shares during the period. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of PlayAGS by 14.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 15,489 shares of the company’s stock worth $178,000 after purchasing an additional 1,973 shares during the period. 77.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, B. Riley restated a “neutral” rating and issued a $12.50 price objective (down from $16.00) on shares of PlayAGS in a report on Monday, August 5th.

PlayAGS Stock Performance

Shares of NYSE:AGS opened at $11.65 on Tuesday. The company has a market cap of $476.80 million, a P/E ratio of 68.53 and a beta of 2.35. The company has a debt-to-equity ratio of 7.49, a quick ratio of 2.64 and a current ratio of 3.35. PlayAGS Inc has a one year low of $7.21 and a one year high of $11.75. The business’s 50-day simple moving average is $11.52 and its 200 day simple moving average is $11.38.

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.