MetLife Investment Advisors LLC purchased a new stake in shares of PlayAGS Inc (NYSE:AGS) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 15,644 shares of the company’s stock, valued at approximately $461,000.

A number of other institutional investors also recently modified their holdings of AGS. FMR LLC increased its stake in PlayAGS by 176.7% during the 3rd quarter. FMR LLC now owns 1,149,110 shares of the company’s stock valued at $33,864,000 after purchasing an additional 733,756 shares in the last quarter. BlackRock Inc. increased its stake in PlayAGS by 84.9% during the 2nd quarter. BlackRock Inc. now owns 1,111,850 shares of the company’s stock valued at $30,097,000 after purchasing an additional 510,448 shares in the last quarter. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of PlayAGS in the 3rd quarter valued at $8,373,000. Russell Investments Group Ltd. boosted its holdings in shares of PlayAGS by 34.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 726,741 shares of the company’s stock valued at $21,420,000 after acquiring an additional 186,715 shares during the last quarter. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of PlayAGS in the 3rd quarter valued at $4,830,000.

Several analysts have recently commented on the stock. ValuEngine downgraded shares of PlayAGS from a “buy” rating to a “hold” rating in a report on Tuesday, November 20th. SunTrust Banks reaffirmed a “buy” rating and issued a $33.00 price objective on shares of PlayAGS in a report on Monday, November 12th. Zacks Investment Research raised shares of PlayAGS from a “hold” rating to a “buy” rating and set a $28.00 price objective on the stock in a report on Friday, January 11th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $34.00 price objective on shares of PlayAGS in a report on Tuesday, November 13th. Nine research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average target price of $32.75.

AGS stock opened at $25.60 on Wednesday. The company has a debt-to-equity ratio of 3.37, a quick ratio of 2.16 and a current ratio of 2.94. PlayAGS Inc has a 12 month low of $16.66 and a 12 month high of $32.80.

PlayAGS (NYSE:AGS) last released its quarterly earnings data on Thursday, November 8th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.03 by $0.09. The business had revenue of $71.80 million for the quarter, compared to the consensus estimate of $69.06 million. PlayAGS had a negative net margin of 7.02% and a negative return on equity of 10.81%. The firm’s revenue for the quarter was up 34.7% compared to the same quarter last year. As a group, research analysts predict that PlayAGS Inc will post -0.41 earnings per share for the current fiscal year.

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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.

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Institutional Ownership by Quarter for PlayAGS (NYSE:AGS)

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