Natural Gas Services Group, Inc. Common Stock (NGS) Shares Bought by Strs Ohio

Share on StockTwits

Strs Ohio lifted its position in shares of Natural Gas Services Group, Inc. Common Stock (NYSE:NGS) by 9.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,200 shares of the oil and gas company’s stock after buying an additional 2,600 shares during the period. Strs Ohio owned approximately 0.22% of Natural Gas Services Group, Inc. Common Stock worth $689,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. California Public Employees Retirement System boosted its position in Natural Gas Services Group, Inc. Common Stock by 10.8% during the 1st quarter. California Public Employees Retirement System now owns 32,587 shares of the oil and gas company’s stock worth $777,000 after purchasing an additional 3,187 shares during the period. Victory Capital Management Inc. boosted its position in Natural Gas Services Group, Inc. Common Stock by 14.2% during the 2nd quarter. Victory Capital Management Inc. now owns 60,755 shares of the oil and gas company’s stock worth $1,434,000 after purchasing an additional 7,541 shares during the period. Wedge Capital Management L L P NC boosted its position in Natural Gas Services Group, Inc. Common Stock by 17.0% during the 2nd quarter. Wedge Capital Management L L P NC now owns 61,856 shares of the oil and gas company’s stock worth $1,460,000 after purchasing an additional 8,970 shares during the period. Russell Investments Group Ltd. boosted its position in Natural Gas Services Group, Inc. Common Stock by 38.2% during the 1st quarter. Russell Investments Group Ltd. now owns 72,165 shares of the oil and gas company’s stock worth $1,722,000 after purchasing an additional 19,965 shares during the period. Finally, Segall Bryant & Hamill LLC purchased a new stake in Natural Gas Services Group, Inc. Common Stock during the 1st quarter worth $575,000. Institutional investors and hedge funds own 90.89% of the company’s stock.

Shares of Natural Gas Services Group, Inc. Common Stock stock opened at $22.15 on Wednesday. Natural Gas Services Group, Inc. Common Stock has a twelve month low of $21.15 and a twelve month high of $29.55. The firm has a market cap of $289.21 million, a P/E ratio of 200.91 and a beta of 1.33.

Natural Gas Services Group, Inc. Common Stock (NYSE:NGS) last posted its quarterly earnings data on Thursday, August 9th. The oil and gas company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.04). The firm had revenue of $18.20 million during the quarter, compared to analysts’ expectations of $17.54 million. Natural Gas Services Group, Inc. Common Stock had a net margin of 30.05% and a return on equity of 0.53%. analysts anticipate that Natural Gas Services Group, Inc. Common Stock will post 0.11 earnings per share for the current year.

A number of analysts recently weighed in on NGS shares. Zacks Investment Research raised shares of Natural Gas Services Group, Inc. Common Stock from a “sell” rating to a “hold” rating in a research report on Thursday, May 10th. ValuEngine raised shares of Natural Gas Services Group, Inc. Common Stock from a “sell” rating to a “hold” rating in a research report on Thursday, August 2nd. Seaport Global Securities set a $24.00 price target on shares of Natural Gas Services Group, Inc. Common Stock and gave the stock a “buy” rating in a research report on Friday, August 17th. Finally, Argus upped their price target on shares of Natural Gas Services Group, Inc. Common Stock from $106.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, June 25th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $55.33.

In other Natural Gas Services Group, Inc. Common Stock news, CEO Stephen Charles Taylor sold 3,320 shares of the company’s stock in a transaction dated Monday, August 27th. The shares were sold at an average price of $22.41, for a total value of $74,401.20. Following the completion of the transaction, the chief executive officer now directly owns 319,982 shares of the company’s stock, valued at approximately $7,170,796.62. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Over the last three months, insiders sold 21,106 shares of company stock valued at $466,551. 6.61% of the stock is currently owned by corporate insiders.

Natural Gas Services Group, Inc. Common Stock Profile

Natural Gas Services Group, Inc provides gas compression equipment and services to the natural gas and oil industry in the United States. The company engages in the rental of small to medium horsepower compression equipment to non-conventional natural gas and oil production businesses. As of December 31, 2017, it had 2,546 natural gas compressors in its rental fleet totaling 369,961 horsepower.

Recommended Story: Fiduciary

Want to see what other hedge funds are holding NGS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Natural Gas Services Group, Inc. Common Stock (NYSE:NGS).

Institutional Ownership by Quarter for Natural Gas Services Group, Inc. Common Stock (NYSE:NGS)

Receive News & Ratings for Natural Gas Services Group Inc. Common Stock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natural Gas Services Group Inc. Common Stock and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply