Geode Capital Management LLC Decreases Position in PlayAGS Inc (NYSE:AGS)

Geode Capital Management LLC lowered its stake in shares of PlayAGS Inc (NYSE:AGS) by 0.7% during the third quarter, Holdings Channel reports. The fund owned 873,538 shares of the company’s stock after selling 6,369 shares during the period. Geode Capital Management LLC’s holdings in PlayAGS were worth $9,952,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Emerald Advisers LLC raised its holdings in 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 acquiring an additional 4,366 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of PlayAGS in the 3rd quarter valued at $150,000. The Manufacturers Life Insurance Company lifted its position in shares of PlayAGS by 14.6% during 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 last quarter. Skandinaviska Enskilda Banken AB publ purchased a new stake in shares of PlayAGS during the 2nd quarter worth $181,000. Finally, Harbor Capital Advisors Inc. grew its stake in shares of PlayAGS by 12.0% during the third quarter. Harbor Capital Advisors Inc. now owns 16,781 shares of the company’s stock worth $191,000 after purchasing an additional 1,792 shares in the last quarter. 77.44% of the stock is currently owned by institutional investors and hedge funds.

PlayAGS Stock Up 0.3 %

PlayAGS stock opened at $11.53 on Thursday. The stock has a market cap of $471.89 million, a PE ratio of 67.82 and a beta of 2.33. The company has a debt-to-equity ratio of 7.49, a current ratio of 3.35 and a quick ratio of 2.64. The stock’s fifty day moving average is $11.58 and its two-hundred day moving average is $11.47. PlayAGS Inc has a 1-year low of $7.57 and a 1-year high of $11.75.

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.