Boston Partners Sells 20,604 Shares of Natural Gas Services Group, Inc. (NYSE:NGS)

Boston Partners lowered its position in shares of Natural Gas Services Group, Inc. (NYSE:NGS) by 52.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,350 shares of the oil and gas company’s stock after selling 20,604 shares during the quarter. Boston Partners owned approximately 0.15% of Natural Gas Services Group worth $492,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in NGS. MetLife Investment Management LLC grew its stake in shares of Natural Gas Services Group by 129.1% during the third quarter. MetLife Investment Management LLC now owns 6,325 shares of the oil and gas company’s stock worth $121,000 after purchasing an additional 3,564 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Natural Gas Services Group during the fourth quarter worth $128,000. BNP Paribas Financial Markets grew its stake in shares of Natural Gas Services Group by 54.7% during the third quarter. BNP Paribas Financial Markets now owns 8,647 shares of the oil and gas company’s stock worth $165,000 after purchasing an additional 3,056 shares during the period. Net Worth Advisory Group acquired a new stake in shares of Natural Gas Services Group during the fourth quarter worth $213,000. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Natural Gas Services Group during the fourth quarter worth $214,000. Institutional investors own 65.62% of the company’s stock.

Insider Transactions at Natural Gas Services Group

In other news, Director Stephen Charles Taylor sold 19,400 shares of the company’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $28.80, for a total transaction of $558,720.00. Following the completion of the transaction, the director now directly owns 438,387 shares of the company’s stock, valued at $12,625,545.60. This represents a 4.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 7.25% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. StockNews.com cut Natural Gas Services Group from a “hold” rating to a “sell” rating in a research note on Tuesday, March 18th. Raymond James reissued a “strong-buy” rating and issued a $32.00 target price (down from $33.00) on shares of Natural Gas Services Group in a research note on Wednesday.

Natural Gas Services Group Stock Up 0.7 %

NYSE:NGS opened at $21.69 on Friday. Natural Gas Services Group, Inc. has a 1 year low of $16.70 and a 1 year high of $29.74. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.65. The stock has a market cap of $270.91 million, a price-to-earnings ratio of 16.95 and a beta of 1.13. The stock has a 50-day moving average price of $25.59 and a two-hundred day moving average price of $23.91.

Natural Gas Services Group (NYSE:NGS) last posted its quarterly earnings data on Monday, March 17th. The oil and gas company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.02. The company had revenue of $40.66 million during the quarter, compared to analysts’ expectations of $40.84 million. Natural Gas Services Group had a return on equity of 6.60% and a net margin of 10.55%. During the same period in the prior year, the firm earned $0.14 earnings per share. As a group, equities analysts expect that Natural Gas Services Group, Inc. will post 1.42 earnings per share for the current year.

Natural Gas Services Group Profile

Natural Gas Services Group, Inc provides natural gas compression equipment and services to the energy industry in the United States. It engineers and fabricates, operates, rents, and maintains natural gas compressors for oil and natural gas production and plant facilities. It also designs, fabricates, and assembles compressor units for rental or sale; and designs, manufactures, and sells a line of reciprocating natural gas compressor frames, cylinders, and parts.