Natural Gas Services Group, Inc. (NYSE:NGS) Holdings Trimmed by Mill Road Capital Management LLC

Mill Road Capital Management LLC reduced its position in shares of Natural Gas Services Group, Inc. (NYSE:NGS - Free Report) by 14.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 792,799 shares of the oil and gas company's stock after selling 128,709 shares during the period. Natural Gas Services Group comprises about 10.1% of Mill Road Capital Management LLC's holdings, making the stock its 2nd largest holding. Mill Road Capital Management LLC owned about 6.35% of Natural Gas Services Group worth $21,247,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Proficio Capital Partners LLC purchased a new position in Natural Gas Services Group during the 4th quarter valued at about $5,733,000. First Eagle Investment Management LLC boosted its stake in shares of Natural Gas Services Group by 119.8% in the fourth quarter. First Eagle Investment Management LLC now owns 229,294 shares of the oil and gas company's stock valued at $6,145,000 after purchasing an additional 124,978 shares during the period. Crown Advisors Management Inc. acquired a new position in shares of Natural Gas Services Group in the fourth quarter valued at approximately $2,680,000. EAM Investors LLC purchased a new stake in Natural Gas Services Group during the 4th quarter worth approximately $1,089,000. Finally, Raymond James Financial Inc. acquired a new stake in Natural Gas Services Group during the 4th quarter worth approximately $1,001,000. Hedge funds and other institutional investors own 65.62% of the company's stock.

Natural Gas Services Group Stock Performance

NYSE:NGS traded up $0.48 during mid-day trading on Friday, reaching $19.49. 48,094 shares of the stock were exchanged, compared to its average volume of 73,610. The stock has a market capitalization of $243.76 million, a P/E ratio of 15.23 and a beta of 0.77. 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 50 day simple moving average of $21.52 and a 200-day simple moving average of $23.90. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.65.

Natural Gas Services Group (NYSE:NGS - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $40.66 million for the quarter, compared to analyst estimates of $40.84 million. During the same period in the previous year, the business posted $0.14 earnings per share. Analysts anticipate that Natural Gas Services Group, Inc. will post 1.42 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Raymond James reissued a "strong-buy" rating and set a $32.00 target price (down from $33.00) on shares of Natural Gas Services Group in a research note on Wednesday, March 19th. StockNews.com raised shares of Natural Gas Services Group from a "sell" rating to a "hold" rating in a report on Tuesday, April 15th.

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.