Boston Partners lifted its holdings in Natural Gas Services Group, Inc. (NYSE:NGS) by 30.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 57,464 shares of the oil and gas company’s stock after purchasing an additional 13,464 shares during the quarter. Boston Partners owned about 0.44% of Natural Gas Services Group worth $1,632,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of NGS. Monarch Partners Asset Management LLC boosted its position in Natural Gas Services Group by 364.8% during the 3rd quarter. Monarch Partners Asset Management LLC now owns 67,440 shares of the oil and gas company’s stock worth $1,915,000 after acquiring an additional 52,930 shares during the last quarter. Legato Capital Management LLC boosted its position in Natural Gas Services Group by 46.3% during the 3rd quarter. Legato Capital Management LLC now owns 70,260 shares of the oil and gas company’s stock worth $1,995,000 after acquiring an additional 22,225 shares during the last quarter. Sterling Capital Management LLC acquired a new position in Natural Gas Services Group during the 2nd quarter worth approximately $838,000. The Manufacturers Life Insurance Company boosted its position in Natural Gas Services Group by 14.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,424 shares of the oil and gas company’s stock worth $284,000 after acquiring an additional 1,415 shares during the last quarter. Finally, State Street Corp boosted its position in Natural Gas Services Group by 6.4% during the 2nd quarter. State Street Corp now owns 250,140 shares of the oil and gas company’s stock worth $6,211,000 after acquiring an additional 15,154 shares during the last quarter. Institutional investors and hedge funds own 90.58% of the company’s stock.

NGS has been the subject of a number of recent research reports. Seaport Global Securities reaffirmed a “buy” rating on shares of Natural Gas Services Group in a research report on Friday, August 4th. Zacks Investment Research downgraded Natural Gas Services Group from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th. Imperial Capital initiated coverage on Natural Gas Services Group in a research report on Wednesday, August 23rd. They set an “outperform” rating and a $27.00 price target for the company. Finally, ValuEngine raised Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Wednesday, September 6th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $32.67.

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In other news, VP James R. Hazlett sold 12,350 shares of the company’s stock in a transaction that occurred on Wednesday, September 27th. The stock was sold at an average price of $28.02, for a total transaction of $346,047.00. Following the sale, the vice president now owns 50,375 shares in the company, valued at approximately $1,411,507.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Stephen Charles Taylor sold 3,874 shares of the company’s stock in a transaction that occurred on Tuesday, October 3rd. The stock was sold at an average price of $28.58, for a total value of $110,718.92. The disclosure for this sale can be found here. Corporate insiders own 6.53% of the company’s stock.

Natural Gas Services Group, Inc. (NYSE:NGS) opened at $25.55 on Monday. Natural Gas Services Group, Inc. has a 12-month low of $22.40 and a 12-month high of $34.50. The firm has a market capitalization of $330.65, a P/E ratio of 141.94 and a beta of 1.33.

Natural Gas Services Group (NYSE:NGS) last released its quarterly earnings results on Thursday, November 2nd. The oil and gas company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). Natural Gas Services Group had a return on equity of 0.98% and a net margin of 3.41%. The firm had revenue of $15.91 million for the quarter, compared to analyst estimates of $18.05 million. During the same period last year, the company earned $0.12 EPS. The company’s revenue was down 1.7% compared to the same quarter last year. equities research analysts predict that Natural Gas Services Group, Inc. will post 0.16 earnings per share for the current year.

Natural Gas Services Group Company Profile

Natural Gas Services Group, Inc is a provider of small to medium horsepower compression equipment to the natural gas industry. The Company focuses primarily on the non-conventional natural gas and oil production business in the United States, such as coal bed methane, gas shale, tight gas and oil shales.

Institutional Ownership by Quarter for Natural Gas Services Group (NYSE:NGS)

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