Pacific Ridge Capital Partners LLC Has $11.43 Million Stock Position in Natural Gas Services Group, Inc. (NYSE:NGS)

Pacific Ridge Capital Partners LLC trimmed its position in Natural Gas Services Group, Inc. (NYSE:NGS - Free Report) by 5.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 426,644 shares of the oil and gas company's stock after selling 25,382 shares during the quarter. Natural Gas Services Group makes up approximately 2.6% of Pacific Ridge Capital Partners LLC's portfolio, making the stock its 3rd largest position. Pacific Ridge Capital Partners LLC owned approximately 3.42% of Natural Gas Services Group worth $11,434,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. First Eagle Investment Management LLC boosted its stake in Natural Gas Services Group by 119.8% in 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. Proficio Capital Partners LLC purchased a new position in shares of Natural Gas Services Group during the fourth quarter valued at $5,733,000. State Street Corp raised 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. Crown Advisors Management Inc. acquired a new position in Natural Gas Services Group in the 4th quarter valued at approximately $2,680,000. Finally, Empowered Funds LLC boosted its stake in shares of Natural Gas Services Group by 5.1% during the 4th quarter. Empowered Funds LLC now owns 93,354 shares of the oil and gas company's stock valued at $2,502,000 after buying an additional 4,497 shares during the period. 65.62% of the stock is owned by hedge funds and other institutional investors.

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Insiders Place Their Bets

In other news, Director Stephen Charles Taylor sold 19,400 shares of Natural Gas Services Group 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 approximately $12,625,545.60. The trade was a 4.24 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 7.25% of the company's stock.

Natural Gas Services Group Stock Performance

NGS traded down $0.10 during midday trading on Monday, reaching $21.66. The company's stock had a trading volume of 19,476 shares, compared to its average volume of 75,730. 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 company has a fifty day simple moving average of $25.06 and a 200 day simple moving average of $24.05. The stock has a market cap of $270.84 million, a P/E ratio of 16.92 and a beta of 1.13. Natural Gas Services Group, Inc. has a twelve month low of $16.70 and a twelve month high of $29.74.

Natural Gas Services Group (NYSE:NGS - Get Free Report) last issued its quarterly earnings results on Monday, March 17th. The oil and gas company reported $0.29 earnings per share 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 the consensus estimate of $40.84 million. During the same period in the prior year, the firm earned $0.14 EPS. Research analysts expect that Natural Gas Services Group, Inc. will post 1.42 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. StockNews.com raised Natural Gas Services Group from a "sell" rating to a "hold" rating in a research report on Wednesday, March 26th. 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 research note on Wednesday, March 19th.

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.