10,387 Shares in Natural Gas Services Group, Inc. (NYSE:NGS) Bought by Acadian Asset Management LLC

Acadian Asset Management LLC bought a new stake in Natural Gas Services Group, Inc. (NYSE:NGS) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 10,387 shares of the oil and gas company’s stock, valued at approximately $208,000. Acadian Asset Management LLC owned 0.08% of Natural Gas Services Group as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Perritt Capital Management Inc. increased its holdings in shares of Natural Gas Services Group by 51.0% in the 1st quarter. Perritt Capital Management Inc. now owns 15,100 shares of the oil and gas company’s stock valued at $293,000 after purchasing an additional 5,100 shares in the last quarter. Empowered Funds LLC grew its position in Natural Gas Services Group by 8.2% during the first quarter. Empowered Funds LLC now owns 78,495 shares of the oil and gas company’s stock worth $1,525,000 after buying an additional 5,917 shares during the period. Vanguard Group Inc. increased its holdings in Natural Gas Services Group by 1.3% in the first quarter. Vanguard Group Inc. now owns 491,167 shares of the oil and gas company’s stock valued at $9,543,000 after buying an additional 6,129 shares in the last quarter. Jump Financial LLC acquired a new stake in shares of Natural Gas Services Group during the 4th quarter valued at approximately $175,000. Finally, Rhumbline Advisers boosted its stake in shares of Natural Gas Services Group by 2,513.0% during the 2nd quarter. Rhumbline Advisers now owns 12,072 shares of the oil and gas company’s stock worth $243,000 after acquiring an additional 11,610 shares in the last quarter. 65.62% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on NGS. Raymond James assumed coverage on Natural Gas Services Group in a research note on Wednesday, August 7th. They issued a “strong-buy” rating and a $27.00 price objective for the company. StockNews.com upgraded Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Friday, August 16th.

Natural Gas Services Group Stock Down 2.0 %

NGS stock opened at $19.92 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.34 and a quick ratio of 1.66. The company’s 50 day simple moving average is $20.16 and its 200-day simple moving average is $20.67. Natural Gas Services Group, Inc. has a 12 month low of $11.97 and a 12 month high of $25.24. The firm has a market capitalization of $247.68 million, a PE ratio of 26.20 and a beta of 1.04.

Natural Gas Services Group (NYSE:NGS) last announced its earnings results on Wednesday, August 14th. The oil and gas company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.05. Natural Gas Services Group had a return on equity of 5.53% and a net margin of 9.25%. The firm had revenue of $38.49 million for the quarter, compared to analysts’ expectations of $36.79 million. During the same quarter in the prior year, the firm earned $0.10 EPS. Equities analysts expect that Natural Gas Services Group, Inc. will post 1.23 earnings per share for the current fiscal year.

Insider Activity at Natural Gas Services Group

In related news, Director Stephen Charles Taylor sold 4,690 shares of the business’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $22.14, for a total value of $103,836.60. Following the completion of the transaction, the director now owns 551,568 shares of the company’s stock, valued at approximately $12,211,715.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 6.93% of the company’s stock.

About Natural Gas Services Group

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.