Crown Advisors Management Inc. Buys New Shares in Natural Gas Services Group, Inc. (NYSE:NGS)

Crown Advisors Management Inc. bought a new stake in Natural Gas Services Group, Inc. (NYSE:NGS - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 100,000 shares of the oil and gas company's stock, valued at approximately $2,680,000. Natural Gas Services Group comprises 1.7% of Crown Advisors Management Inc.'s holdings, making the stock its 27th largest holding. Crown Advisors Management Inc. owned 0.80% of Natural Gas Services Group as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Eagle Investment Management LLC boosted its stake in Natural Gas Services Group by 119.8% during the fourth quarter. First Eagle Investment Management LLC now owns 229,294 shares of the oil and gas company's stock worth $6,145,000 after buying an additional 124,978 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Natural Gas Services Group during the 4th quarter worth $5,733,000. State Street Corp boosted its position in shares of Natural Gas Services Group by 19.1% during the 3rd quarter. State Street Corp now owns 162,646 shares of the oil and gas company's stock valued at $3,108,000 after acquiring an additional 26,069 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Natural Gas Services Group by 5.1% in the fourth quarter. Empowered Funds LLC now owns 93,354 shares of the oil and gas company's stock valued at $2,502,000 after purchasing an additional 4,497 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in Natural Gas Services Group during the fourth quarter worth about $1,001,000. 65.62% of the stock is owned by hedge funds and other institutional investors.

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Natural Gas Services Group Trading Up 0.7 %

NGS traded up $0.15 on Friday, hitting $21.69. The company had a trading volume of 100,207 shares, compared to its average volume of 75,042. The company's fifty day moving average price is $25.59 and its 200 day moving average price is $23.94. Natural Gas Services Group, Inc. has a 1 year low of $16.70 and a 1 year high of $29.74. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.65. The firm has a market cap of $271.28 million, a P/E ratio of 16.95 and a beta of 1.13.

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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $0.02. The business 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 EPS. As a group, equities analysts expect that Natural Gas Services Group, Inc. will post 1.42 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have weighed in on NGS. Raymond James reiterated a "strong-buy" rating and issued a $32.00 target price (down from $33.00) on shares of Natural Gas Services Group in a report on Wednesday. StockNews.com cut Natural Gas Services Group from a "hold" rating to a "sell" rating in a report on Tuesday, March 18th.

Insiders Place Their Bets

In other Natural Gas Services Group news, Director Stephen Charles Taylor sold 19,400 shares of the business's stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $28.80, for a total transaction of $558,720.00. Following the sale, the director now directly owns 438,387 shares in the company, valued at $12,625,545.60. This represents a 4.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 7.25% of the stock is owned by 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.