American Century Companies Inc. Sells 38,326 Shares of Natural Gas Services Group, Inc. (NYSE:NGS)

American Century Companies Inc. trimmed its position in shares of Natural Gas Services Group, Inc. (NYSE:NGS - Free Report) by 35.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 68,838 shares of the oil and gas company's stock after selling 38,326 shares during the quarter. American Century Companies Inc. owned 0.55% of Natural Gas Services Group worth $1,845,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. MetLife Investment Management LLC lifted its position in shares of Natural Gas Services Group by 129.1% during the third quarter. MetLife Investment Management LLC now owns 6,325 shares of the oil and gas company's stock valued at $121,000 after purchasing an additional 3,564 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Natural Gas Services Group during the 4th quarter worth approximately $128,000. BNP Paribas Financial Markets boosted its stake in shares of Natural Gas Services Group by 54.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 8,647 shares of the oil and gas company's stock worth $165,000 after buying an additional 3,056 shares during the last quarter. Net Worth Advisory Group bought a new position in shares of Natural Gas Services Group in the fourth quarter valued at approximately $213,000. Finally, Proficio Capital Partners LLC purchased a new stake in shares of Natural Gas Services Group during the fourth quarter valued at approximately $214,000. Institutional investors own 65.62% of the company's stock.

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Natural Gas Services Group Trading Up 1.9 %

NYSE NGS traded up $0.35 during trading on Friday, hitting $18.56. 66,648 shares of the company's stock traded hands, compared to its average volume of 74,813. The stock has a fifty day moving average of $23.12 and a two-hundred day moving average of $24.01. Natural Gas Services Group, Inc. has a 12-month low of $16.70 and a 12-month high of $29.74. The firm has a market cap of $232.07 million, a P/E ratio of 14.50 and a beta of 0.77. 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 (NYSE:NGS - Get Free Report) last issued its earnings results on Monday, March 17th. The oil and gas company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.27 by $0.02. The company had revenue of $40.66 million for the quarter, compared to the consensus estimate of $40.84 million. Natural Gas Services Group had a net margin of 10.55% and a return on equity of 6.60%. During the same period in the previous year, the firm earned $0.14 earnings per share. As a group, sell-side analysts expect that Natural Gas Services Group, Inc. will post 1.42 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have commented on NGS. StockNews.com raised shares of Natural Gas Services Group from a "sell" rating to a "hold" rating in a research report on Wednesday, March 26th. Raymond James reaffirmed a "strong-buy" rating and issued a $32.00 price target (down previously from $33.00) on shares of Natural Gas Services Group in a report on Wednesday, March 19th.

Insider Buying and Selling at Natural Gas Services Group

In other Natural Gas Services Group news, Director Stephen Charles Taylor sold 19,400 shares of the stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $28.80, for a total value of $558,720.00. Following the completion of the transaction, the director now owns 438,387 shares in the company, valued at approximately $12,625,545.60. This represents a 4.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 7.25% of the stock is currently owned by corporate insiders.

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.