2 days Ago By ABMN Staff
Russell Investments Group Ltd. grew its holdings in Natural Gas Services Group, Inc. ( NYSE:NGS – Free Report ) by 13.
7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 138,620 shares of the oil and gas company’s stock after purchasing an additional 16,654 shares during the quarter. Russell Investments Group Ltd.
’s holdings in Natural Gas Services Group were worth $3,715,000 as of its most recent filing with the SEC. Other institutional investors have also made changes to their positions in the company. SG Americas Securities LLC acquired a new stake in Natural Gas Services Group in the 4th quarter valued at approximately $128,000.
Wells Fargo & Company MN boosted its position in shares of Natural Gas Services Group by 31.5% in the fourth quarter. Wells Fargo & Company MN now owns 6,022 shares of the oil and gas company’s stock valued at $161,000 after acquiring an additional 1,443 shares during the period.
FCA Corp TX acquired a new stake in shares of Natural Gas Services Group in the fourth quarter worth $188,000. Net Worth Advisory Group bought a new position in Natural Gas Services Group during the fourth quarter worth $213,000. Finally, Proficio Capital Partners LLC acquired a new position in Natural Gas Services Group during the 4th quarter valued at $214,000.
65.62% of the stock is currently owned by institutional investors. Natural Gas Services Group Price Performance Shares of NYSE:NGS opened at $18.
70 on Wednesday. The firm has a market capitalization of $233.87 million, a PE ratio of 14.
61 and a beta of 0.77. The company has a current ratio of 1.
76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.65.
Natural Gas Services Group, Inc. has a 1-year low of $16.70 and a 1-year high of $29.
74. The business’s 50 day moving average is $22.81 and its 200-day moving average is $23.
96. Insider Activity In related news, Director Stephen Charles Taylor sold 19,400 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $28.
80, for a total transaction of $558,720.00. Following the completion of the transaction, the director now owns 438,387 shares in the company, valued at $12,625,545.
60. This trade represents a 4.24 % decrease in their position.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website . 7.25% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth Several analysts have issued reports on the stock. StockNews.com upgraded shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Tuesday.
Raymond James reiterated a “strong-buy” rating and issued a $32.00 target price (down previously from $33.00) on shares of Natural Gas Services Group in a research note on Wednesday, March 19th.
Read Our Latest Stock Report on NGS Natural Gas Services Group Company Profile ( Free Report ) 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.
Further Reading Want to see what other hedge funds are holding NGS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Natural Gas Services Group, Inc. ( NYSE:NGS – Free Report ).
Receive News & Ratings for Natural Gas Services Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natural Gas Services Group and related companies with MarketBeat.com's FREE daily email newsletter ..
