Barclays PLC Purchases 5,575 Shares of Natural Gas Services Group, Inc. (NYSE:NGS)

Barclays PLC grew its position in shares of Natural Gas Services Group, Inc. (NYSE:NGS) by 47.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 17,301 shares of the oil and gas company’s stock after acquiring an additional 5,575 shares during the quarter. Barclays PLC owned about 0.14% of Natural Gas Services Group worth $331,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. ClariVest Asset Management LLC bought a new position in shares of Natural Gas Services Group during the 2nd quarter valued at approximately $693,000. Bank of New York Mellon Corp purchased a new stake in Natural Gas Services Group during the 2nd quarter valued at $788,000. State Street Corp raised its holdings in Natural Gas Services Group by 19.1% during the 3rd quarter. State Street Corp now owns 162,646 shares of the oil and gas company’s stock valued at $3,108,000 after buying an additional 26,069 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Natural Gas Services Group by 5.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,148 shares of the oil and gas company’s stock valued at $595,000 after buying an additional 1,485 shares during the period. Finally, GSA Capital Partners LLP raised its holdings 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 buying an additional 557 shares during the period. 65.62% of the stock is currently owned by institutional investors.

Natural Gas Services Group Stock Performance

NYSE:NGS opened at $27.74 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.16 and a current ratio of 1.76. The stock’s fifty day moving average is $25.13 and its 200 day moving average is $21.77. Natural Gas Services Group, Inc. has a fifty-two week low of $13.70 and a fifty-two week high of $28.50. The firm has a market capitalization of $346.47 million, a PE ratio of 21.67 and a beta of 1.14.

Insiders Place Their Bets

In other Natural Gas Services Group news, Director Stephen Charles Taylor sold 10,000 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $27.15, for a total value of $271,500.00. Following the sale, the director now owns 457,787 shares in the company, valued at $12,428,917.05. This trade represents a 2.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold a total of 40,892 shares of company stock worth $1,076,633 over the last quarter. Company insiders own 7.25% of the company’s stock.

Analysts Set New Price Targets

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

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.