Alpine Associates Management Inc. Has $18.92 Million Stake in PlayAGS Inc (NYSE:AGS)

Alpine Associates Management Inc. trimmed its position in shares of PlayAGS Inc (NYSE:AGS) by 3.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,641,317 shares of the company’s stock after selling 60,800 shares during the period. PlayAGS makes up approximately 1.1% of Alpine Associates Management Inc.’s investment portfolio, making the stock its 28th largest position. Alpine Associates Management Inc.’s holdings in PlayAGS were worth $18,924,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in PlayAGS by 15.2% during the third quarter. JPMorgan Chase & Co. now owns 284,089 shares of the company’s stock worth $3,236,000 after buying an additional 37,399 shares in the last quarter. Harbor Capital Advisors Inc. grew its stake 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 buying an additional 3,591 shares in the last quarter. Jane Street Group LLC grew its stake in PlayAGS by 15.1% during the third quarter. Jane Street Group LLC now owns 78,786 shares of the company’s stock worth $897,000 after buying an additional 10,362 shares in the last quarter. Principal Financial Group Inc. bought a new position in shares of PlayAGS in the third quarter worth about $237,000. Finally, LMR Partners LLP lifted its holdings in shares of PlayAGS by 173.9% in the third quarter. LMR Partners LLP now owns 180,000 shares of the company’s stock worth $2,050,000 after acquiring an additional 114,271 shares during the last quarter. 77.44% of the stock is currently owned by institutional investors and hedge funds.

PlayAGS Stock Up 0.0 %

AGS stock opened at $12.07 on Friday. The stock has a market capitalization of $493.78 million, a P/E ratio of 70.97 and a beta of 2.37. 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 Inc has a 12 month low of $8.23 and a 12 month high of $12.16. The firm has a 50-day moving average price of $11.94 and a 200-day moving average price of $11.65.

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.