Skandinaviska Enskilda Banken AB publ Buys 20,771 Shares of PlayAGS Inc (NYSE:AGS)

Skandinaviska Enskilda Banken AB publ lifted its holdings in PlayAGS Inc (NYSE:AGS) by 12.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 188,393 shares of the company’s stock after purchasing an additional 20,771 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in PlayAGS were worth $2,167,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. FNY Investment Advisers LLC acquired a new position in shares of PlayAGS in the 4th quarter valued at approximately $115,000. Burren Capital Advisors Ltd acquired a new position in shares of PlayAGS in the 4th quarter valued at approximately $171,000. Murchinson Ltd. acquired a new position in shares of PlayAGS in the 3rd quarter valued at approximately $194,000. SG Americas Securities LLC grew its position in shares of PlayAGS by 38.9% in the 4th quarter. SG Americas Securities LLC now owns 18,347 shares of the company’s stock valued at $212,000 after purchasing an additional 5,135 shares during the period. Finally, Harbor Capital Advisors Inc. grew its position in shares of PlayAGS by 21.4% in the 4th 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 period. 77.44% of the stock is currently owned by institutional investors and hedge funds.

PlayAGS Price Performance

Shares of AGS opened at $12.01 on Monday. PlayAGS Inc has a 52-week low of $8.23 and a 52-week high of $12.16. The company has a debt-to-equity ratio of 7.49, a quick ratio of 2.64 and a current ratio of 3.35. The stock has a 50 day simple moving average of $11.98 and a 200 day simple moving average of $11.68. The firm has a market capitalization of $495.30 million, a PE ratio of 70.62 and a beta of 2.37.

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