Charles Schwab Investment Management Inc. Acquires 1,485 Shares of Natural Gas Services Group, Inc. (NYSE:NGS)

Charles Schwab Investment Management Inc. lifted its position in shares of Natural Gas Services Group, Inc. (NYSE:NGS) by 5.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,148 shares of the oil and gas company’s stock after buying an additional 1,485 shares during the period. Charles Schwab Investment Management Inc. owned about 0.25% of Natural Gas Services Group worth $595,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Acadian Asset Management LLC bought a new position in shares of Natural Gas Services Group in the second quarter worth approximately $208,000. Rhumbline Advisers increased its position in shares of Natural Gas Services Group by 2,513.0% during the second quarter. Rhumbline Advisers now owns 12,072 shares of the oil and gas company’s stock valued at $243,000 after buying an additional 11,610 shares during the period. GSA Capital Partners LLP boosted its position in Natural Gas Services Group by 3.2% during the 3rd quarter. GSA Capital Partners LLP now owns 18,070 shares of the oil and gas company’s stock valued at $345,000 after acquiring an additional 557 shares in the last quarter. ClariVest Asset Management LLC bought a new position in shares of Natural Gas Services Group in the 2nd quarter worth approximately $693,000. Finally, Bank of New York Mellon Corp purchased a new stake in Natural Gas Services Group in the second quarter worth $788,000. Hedge funds and other institutional investors own 65.62% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Wednesday, November 20th.

Insider Activity at Natural Gas Services Group

In other Natural Gas Services Group news, Director Stephen Charles Taylor sold 2,191 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $24.50, for a total transaction of $53,679.50. Following the completion of the sale, the director now directly owns 538,387 shares in the company, valued at approximately $13,190,481.50. The trade was a 0.41 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold 40,892 shares of company stock valued at $1,076,633 over the last 90 days. Corporate insiders own 7.25% of the company’s stock.

Natural Gas Services Group Price Performance

Shares of NYSE:NGS opened at $23.97 on Thursday. The company has a market capitalization of $298.91 million, a PE ratio of 18.73 and a beta of 1.14. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.76 and a quick ratio of 1.16. Natural Gas Services Group, Inc. has a 1-year low of $13.65 and a 1-year high of $28.50. The business has a fifty day moving average price of $23.61 and a 200-day moving average price of $21.24.

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.