Quest Partners LLC Acquires Shares of 34,085 PlayAGS Inc (NYSE:AGS)

Quest Partners LLC bought a new position in shares of PlayAGS Inc (NYSE:AGS) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 34,085 shares of the company’s stock, valued at approximately $388,000. Quest Partners LLC owned approximately 0.08% of PlayAGS as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Harbor Capital Advisors Inc. lifted its stake in PlayAGS by 12.0% in the third quarter. Harbor Capital Advisors Inc. now owns 16,781 shares of the company’s stock valued at $191,000 after buying an additional 1,792 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in PlayAGS by 14.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 15,489 shares of the company’s stock valued at $178,000 after purchasing an additional 1,973 shares during the last quarter. Kennedy Capital Management LLC grew its position in PlayAGS by 3.7% during the 1st quarter. Kennedy Capital Management LLC now owns 61,759 shares of the company’s stock worth $555,000 after purchasing an additional 2,198 shares during the last quarter. American Century Companies Inc. increased its stake in PlayAGS by 5.7% in the second quarter. American Century Companies Inc. now owns 52,902 shares of the company’s stock valued at $608,000 after purchasing an additional 2,838 shares during the period. Finally, Emerald Advisers LLC raised its holdings in shares of PlayAGS by 193.4% in the third quarter. Emerald Advisers LLC now owns 6,623 shares of the company’s stock valued at $75,000 after buying an additional 4,366 shares during the last quarter. 77.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

PlayAGS Stock Up 0.1 %

AGS stock opened at $11.66 on Monday. The stock has a market capitalization of $477.24 million, a PE ratio of 68.59 and a beta of 2.35. The company has a fifty day moving average of $11.55 and a 200-day moving average of $11.47. 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.

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.