9,008 Shares in Natural Gas Services Group, Inc. (NYSE:NGS) Acquired by Deutsche Bank AG

Deutsche Bank AG purchased a new position in Natural Gas Services Group, Inc. (NYSE:NGS) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 9,008 shares of the oil and gas company’s stock, valued at approximately $241,000. Deutsche Bank AG owned 0.07% of Natural Gas Services Group at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Bridgeway Capital Management LLC increased its holdings in Natural Gas Services Group by 1.4% in the 4th quarter. Bridgeway Capital Management LLC now owns 266,508 shares of the oil and gas company’s stock worth $7,142,000 after buying an additional 3,797 shares during the period. Bank of America Corp DE grew its stake in shares of Natural Gas Services Group by 34.5% during the 4th quarter. Bank of America Corp DE now owns 12,048 shares of the oil and gas company’s stock worth $323,000 after purchasing an additional 3,092 shares during the period. BNP Paribas Financial Markets grew its stake in shares of Natural Gas Services Group by 4.5% during the 4th quarter. BNP Paribas Financial Markets now owns 9,040 shares of the oil and gas company’s stock worth $242,000 after purchasing an additional 393 shares during the period. Northern Trust Corp grew its stake in shares of Natural Gas Services Group by 4.8% during the 4th quarter. Northern Trust Corp now owns 96,529 shares of the oil and gas company’s stock worth $2,587,000 after purchasing an additional 4,384 shares during the period. Finally, EAM Investors LLC acquired a new stake in shares of Natural Gas Services Group during the 4th quarter worth approximately $1,089,000. Institutional investors and hedge funds own 65.62% of the company’s stock.

Natural Gas Services Group Price Performance

Natural Gas Services Group stock opened at $24.11 on Monday. The company’s fifty day moving average price is $20.91 and its 200 day moving average price is $24.15. Natural Gas Services Group, Inc. has a 1 year low of $16.70 and a 1 year high of $29.74. The stock has a market capitalization of $302.07 million, a P/E ratio of 18.83 and a beta of 0.53. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.16 and a current ratio of 1.76.

Natural Gas Services Group (NYSE:NGS) last released its quarterly earnings results on Monday, May 12th. The oil and gas company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.11. Natural Gas Services Group had a net margin of 10.55% and a return on equity of 6.60%. The firm had revenue of $41.38 million for the quarter, compared to analysts’ expectations of $40.52 million. As a group, equities research analysts anticipate that Natural Gas Services Group, Inc. will post 1.42 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Stifel Nicolaus raised their price objective on shares of Natural Gas Services Group from $32.00 to $33.00 and gave the stock a “buy” rating in a research note on Friday, May 16th. Raymond James reaffirmed a “strong-buy” rating and set a $32.00 price objective (down previously from $33.00) on shares of Natural Gas Services Group in a research note on Wednesday, March 19th. Finally, Wall Street Zen raised shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Wednesday, May 21st.

Insider Activity at Natural Gas Services Group

In other Natural Gas Services Group news, Director Stephen Charles Taylor sold 25,000 shares of the firm’s stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $24.90, for a total value of $622,500.00. Following the transaction, the director now owns 433,334 shares in the company, valued at approximately $10,790,016.60. This trade represents a 5.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 5.08% of the stock is owned by corporate insiders.

Natural Gas Services Group Company 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.