Boston Partners Sells 20,604 Shares of Natural Gas Services Group, Inc. (NYSE:NGS)

Boston Partners lessened its holdings in Natural Gas Services Group, Inc. (NYSE:NGS - Free Report) by 52.9% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,350 shares of the oil and gas company's stock after selling 20,604 shares during the period. Boston Partners owned approximately 0.15% of Natural Gas Services Group worth $492,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Proficio Capital Partners LLC bought a new stake in Natural Gas Services Group during the fourth quarter worth $5,733,000. First Eagle Investment Management LLC raised its stake in shares of Natural Gas Services Group by 119.8% during the 4th quarter. First Eagle Investment Management LLC now owns 229,294 shares of the oil and gas company's stock worth $6,145,000 after purchasing an additional 124,978 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Natural Gas Services Group during the 4th quarter worth $1,001,000. Inspire Investing LLC bought a new position in Natural Gas Services Group during the fourth quarter valued at about $890,000. Finally, State Street Corp grew its position in Natural Gas Services Group by 19.1% during the third 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. 65.62% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Natural Gas Services Group news, Director Stephen Charles Taylor sold 19,400 shares of Natural Gas Services Group stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $28.80, for a total transaction of $558,720.00. Following the completion of the sale, the director now directly owns 438,387 shares in the company, valued at $12,625,545.60. The trade was a 4.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 7.25% of the stock is owned by company insiders.

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Natural Gas Services Group Price Performance

NYSE:NGS traded down $0.48 during mid-day trading on Wednesday, hitting $22.20. 59,070 shares of the stock traded hands, compared to its average volume of 74,799. The business's 50-day moving average price is $25.40 and its 200 day moving average price is $23.98. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.65. The company has a market cap of $277.66 million, a PE ratio of 17.34 and a beta of 1.13. Natural Gas Services Group, Inc. has a 12-month low of $16.70 and a 12-month high of $29.74.

Natural Gas Services Group (NYSE:NGS - Get Free Report) last released its quarterly earnings results on Monday, March 17th. The oil and gas company reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.02. Natural Gas Services Group had a net margin of 10.55% and a return on equity of 6.60%. The firm had revenue of $40.66 million during the quarter, compared to analyst estimates of $40.84 million. During the same period in the previous year, the business earned $0.14 EPS. On average, analysts expect that Natural Gas Services Group, Inc. will post 1.42 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on NGS shares. StockNews.com upgraded shares of Natural Gas Services Group from a "sell" rating to a "hold" rating in a research note on Wednesday. Raymond James reaffirmed a "strong-buy" rating and set a $32.00 price objective (down from $33.00) on shares of Natural Gas Services Group in a report on Wednesday, March 19th.

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.