Natural Gas Services Group, Inc. (NYSE:NGS) Shares Acquired by Empowered Funds LLC

Empowered Funds LLC increased its position in shares of Natural Gas Services Group, Inc. (NYSE:NGS) by 5.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 88,857 shares of the oil and gas company’s stock after purchasing an additional 4,422 shares during the quarter. Empowered Funds LLC’s holdings in Natural Gas Services Group were worth $1,698,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. GSA Capital Partners LLP boosted its stake 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 purchasing an additional 557 shares during the period. Marshall Wace LLP lifted its position in shares of Natural Gas Services Group by 100.7% during the 2nd quarter. Marshall Wace LLP now owns 77,220 shares of the oil and gas company’s stock valued at $1,554,000 after acquiring an additional 38,751 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Natural Gas Services Group by 5.1% during the second quarter. Renaissance Technologies LLC now owns 399,342 shares of the oil and gas company’s stock valued at $8,035,000 after purchasing an additional 19,543 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Natural Gas Services Group by 2.0% in the second quarter. Dimensional Fund Advisors LP now owns 921,915 shares of the oil and gas company’s stock worth $18,548,000 after buying an additional 18,001 shares during the period. Finally, American Century Companies Inc. raised its holdings in shares of Natural Gas Services Group by 5.8% during the second quarter. American Century Companies Inc. now owns 127,330 shares of the oil and gas company’s stock valued at $2,562,000 after acquiring an additional 7,021 shares during the period. Institutional investors own 65.62% of the company’s stock.

Insider Activity at Natural Gas Services Group

In other Natural Gas Services Group news, Director Stephen Charles Taylor sold 3,096 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $24.50, for a total transaction of $75,852.00. Following the transaction, the director now owns 545,291 shares in the company, valued at approximately $13,359,629.50. This trade represents a 0.56 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 21,952 shares of company stock valued at $538,469 in the last 90 days. 7.25% of the stock is owned by corporate insiders.

Natural Gas Services Group Price Performance

NYSE:NGS opened at $25.97 on Thursday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.76 and a quick ratio of 1.16. The stock has a market cap of $323.85 million, a P/E ratio of 20.29 and a beta of 1.03. The company has a fifty day moving average price of $20.85 and a 200 day moving average price of $20.66. Natural Gas Services Group, Inc. has a one year low of $12.75 and a one year high of $26.00.

Analysts Set New Price Targets

NGS has been the subject of a number of research reports. StockNews.com raised shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Wednesday. Raymond James began coverage on shares of Natural Gas Services Group in a report on Wednesday, August 7th. They set a “strong-buy” rating and a $27.00 price target on the stock.

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.