Assenagon Asset Management S.A. Has $1.54 Million Stock Position in Natural Gas Services Group, Inc. (NYSE:NGS)

Assenagon Asset Management S.A. decreased its stake in shares of Natural Gas Services Group, Inc. (NYSE:NGS - Free Report) by 21.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 57,558 shares of the oil and gas company's stock after selling 16,085 shares during the quarter. Assenagon Asset Management S.A. owned 0.46% of Natural Gas Services Group worth $1,543,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GSA Capital Partners LLP grew its position in Natural Gas Services Group by 3.2% during the third quarter. GSA Capital Partners LLP now owns 18,070 shares of the oil and gas company's stock worth $345,000 after buying an additional 557 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Natural Gas Services Group by 5.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,148 shares of the oil and gas company's stock worth $595,000 after acquiring an additional 1,485 shares during the period. BNP Paribas Financial Markets lifted its position 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 acquiring an additional 3,056 shares during the period. MetLife Investment Management LLC grew its holdings in shares of Natural Gas Services Group by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 6,325 shares of the oil and gas company's stock worth $121,000 after purchasing an additional 3,564 shares in the last quarter. Finally, Empowered Funds LLC increased its position in shares of Natural Gas Services Group by 5.2% during the third quarter. Empowered Funds LLC now owns 88,857 shares of the oil and gas company's stock valued at $1,698,000 after purchasing an additional 4,422 shares during the period. Institutional investors own 65.62% of the company's stock.

Natural Gas Services Group Price Performance

NYSE NGS traded down $0.74 on Friday, reaching $28.21. The company's stock had a trading volume of 74,691 shares, compared to its average volume of 109,366. The firm has a market cap of $352.38 million, a PE ratio of 22.04 and a beta of 1.14. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.65. Natural Gas Services Group, Inc. has a 52 week low of $14.09 and a 52 week high of $29.74. The business has a 50-day moving average price of $26.80 and a 200 day moving average price of $22.60.

Insider Transactions 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 stock was sold at an average price of $24.50, for a total value of $53,679.50. Following the transaction, the director now owns 538,387 shares of the company's stock, valued at approximately $13,190,481.50. The trade was a 0.41 % 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 hyperlink. In the last ninety days, insiders sold 60,292 shares of company stock valued at $1,635,353. Corporate insiders own 7.25% of the company's stock.

Analyst Upgrades and Downgrades

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

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.