Natural Gas Services Group, Inc. (NYSE:NGS) Shares Sold by Two Sigma Investments LP

Two Sigma Investments LP lessened its position in Natural Gas Services Group, Inc. (NYSE:NGS) by 46.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,791 shares of the oil and gas company’s stock after selling 10,288 shares during the period. Two Sigma Investments LP owned about 0.09% of Natural Gas Services Group worth $316,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of NGS. SG Americas Securities LLC acquired a new position in shares of Natural Gas Services Group in the fourth quarter valued at approximately $128,000. Wells Fargo & Company MN raised its position in shares of Natural Gas Services Group by 31.5% in the fourth quarter. Wells Fargo & Company MN now owns 6,022 shares of the oil and gas company’s stock valued at $161,000 after buying an additional 1,443 shares during the last quarter. FCA Corp TX acquired a new position in shares of Natural Gas Services Group in the fourth quarter valued at approximately $188,000. Net Worth Advisory Group acquired a new position in shares of Natural Gas Services Group in the fourth quarter valued at approximately $213,000. Finally, Proficio Capital Partners LLC acquired a new position in shares of Natural Gas Services Group in the fourth quarter valued at approximately $214,000. 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 $25.14 on Wednesday. Natural Gas Services Group, Inc. has a 1 year low of $16.70 and a 1 year high of $29.74. The firm has a 50 day moving average price of $21.31 and a 200 day moving average price of $24.10. The company has a market cap of $314.97 million, a price-to-earnings ratio of 19.64 and a beta of 0.65. 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 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 during the quarter, compared to the consensus estimate of $40.52 million. Sell-side analysts predict that Natural Gas Services Group, Inc. will post 1.42 earnings per share for the current year.

Insider Activity at Natural Gas Services Group

In other Natural Gas Services Group news, Director Stephen Charles Taylor sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $24.90, for a total transaction of $622,500.00. Following the completion of the sale, the director now directly owns 433,334 shares in the company, valued at $10,790,016.60. The trade was a 5.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.08% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on NGS. Wall Street Zen raised shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Wednesday, May 21st. Raymond James reissued a “strong-buy” rating and issued a $32.00 price objective (down previously from $33.00) on shares of Natural Gas Services Group in a research report on Wednesday, March 19th. Finally, Stifel Nicolaus boosted their price objective on shares of Natural Gas Services Group from $32.00 to $33.00 and gave the company a “buy” rating in a research report on Friday, May 16th.

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.