Principal Financial Group Inc. Acquires 1,942 Shares of PlayAGS Inc (NYSE:AGS)

Principal Financial Group Inc. increased its holdings in PlayAGS Inc (NYSE:AGS) by 9.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,777 shares of the company’s stock after buying an additional 1,942 shares during the period. Principal Financial Group Inc. owned about 0.06% of PlayAGS worth $263,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Alpine Associates Management Inc. raised its stake in PlayAGS by 11.2% in the third quarter. Alpine Associates Management Inc. now owns 1,702,117 shares of the company’s stock worth $19,387,000 after buying an additional 171,274 shares in the last quarter. State Street Corp increased its position in shares of PlayAGS by 1.3% during the third quarter. State Street Corp now owns 751,949 shares of the company’s stock worth $8,565,000 after purchasing an additional 9,816 shares in the last quarter. Barclays PLC increased its position in shares of PlayAGS by 161.7% during the third quarter. Barclays PLC now owns 548,073 shares of the company’s stock worth $6,243,000 after purchasing an additional 338,642 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of 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 purchasing an additional 37,399 shares in the last quarter. Finally, Centiva Capital LP increased its position in shares of PlayAGS by 5.9% during the third quarter. Centiva Capital LP now owns 264,870 shares of the company’s stock worth $3,017,000 after purchasing an additional 14,870 shares in the last quarter. Institutional investors own 77.44% of the company’s stock.

PlayAGS Stock Performance

Shares of AGS stock opened at $12.07 on Friday. The business’s fifty day simple moving average is $11.93 and its 200-day simple moving average is $11.64. The company has a market cap of $493.78 million, a PE ratio of 70.97 and a beta of 2.30. 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.

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.