Rhumbline Advisers Buys 20,738 Shares of Natural Gas Services Group, Inc. (NYSE:NGS)

Rhumbline Advisers boosted its position in Natural Gas Services Group, Inc. (NYSE:NGS - Free Report) by 195.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,362 shares of the oil and gas company's stock after purchasing an additional 20,738 shares during the period. Rhumbline Advisers owned about 0.25% of Natural Gas Services Group worth $840,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of NGS. GSA Capital Partners LLP grew its holdings in Natural Gas Services Group by 3.2% during the 3rd quarter. GSA Capital Partners LLP now owns 18,070 shares of the oil and gas company's stock valued at $345,000 after buying an additional 557 shares in the last quarter. Empowered Funds LLC grew its stake in 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 acquiring an additional 4,422 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Natural Gas Services Group by 5.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 31,148 shares of the oil and gas company's stock valued at $595,000 after acquiring an additional 1,485 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Natural Gas Services Group during the 3rd quarter worth approximately $261,000. Finally, BNP Paribas Financial Markets lifted its stake in 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 purchasing an additional 3,056 shares in the last quarter. 65.62% of the stock is owned by institutional investors.

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Analyst Upgrades and Downgrades

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

Natural Gas Services Group Trading Down 3.6 %

NYSE:NGS traded down $0.79 during mid-day trading on Monday, reaching $20.86. 99,097 shares of the company's stock traded hands, compared to its average volume of 74,010. The company has a 50 day moving average price of $26.55 and a 200-day moving average price of $23.88. The firm has a market capitalization of $260.55 million, a price-to-earnings ratio of 16.30 and a beta of 1.13. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.76 and a quick ratio of 1.16. Natural Gas Services Group, Inc. has a 12-month low of $16.70 and a 12-month high of $29.74.

Insider Activity at Natural Gas Services Group

In other news, Director Stephen Charles Taylor sold 10,000 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $27.15, for a total transaction of $271,500.00. Following the sale, the director now owns 457,787 shares in the company, valued at $12,428,917.05. This represents a 2.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 7.25% of the stock is owned by corporate insiders.

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.