Jump Financial LLC bought a new position in shares of Natural Gas Services Group, Inc. (NYSE:NGS – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,100 shares of the oil and gas company’s stock, valued at approximately $217,000. Jump Financial LLC owned 0.06% of Natural Gas Services Group as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also recently bought and sold shares of NGS. JPMorgan Chase & Co. raised its holdings in shares of Natural Gas Services Group by 76.5% during the third quarter. JPMorgan Chase & Co. now owns 34,548 shares of the oil and gas company’s stock valued at $660,000 after buying an additional 14,974 shares during the last quarter. Rhumbline Advisers grew its holdings in Natural Gas Services Group by 195.2% during the fourth quarter. Rhumbline Advisers now owns 31,362 shares of the oil and gas company’s stock worth $840,000 after acquiring an additional 20,738 shares during the period. Barclays PLC raised its holdings in shares of Natural Gas Services Group by 47.5% in the 3rd quarter. Barclays PLC now owns 17,301 shares of the oil and gas company’s stock worth $331,000 after purchasing an additional 5,575 shares in the last quarter. State Street Corp increased its holdings in shares of Natural Gas Services Group by 19.1% in 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 in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Natural Gas Services Group during the fourth quarter worth $1,001,000. Institutional investors own 65.62% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on NGS shares. Raymond James restated a “strong-buy” rating and set a $32.00 price target (down previously from $33.00) on shares of Natural Gas Services Group in a report on Wednesday, March 19th. StockNews.com raised Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Tuesday, April 15th.
Natural Gas Services Group Stock Performance
NGS opened at $19.49 on Monday. The company has a market cap of $243.76 million, a PE ratio of 15.23 and a beta of 0.77. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.16 and a current ratio of 1.76. The stock has a 50-day moving average of $21.52 and a 200-day moving average of $23.93. Natural Gas Services Group, Inc. has a 52-week low of $16.70 and a 52-week high of $29.74.
Natural Gas Services Group (NYSE:NGS – Get Free Report) last released its quarterly earnings results on Monday, March 17th. The oil and gas company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.02. The company had revenue of $40.66 million during the quarter, compared to analysts’ expectations of $40.84 million. Natural Gas Services Group had a net margin of 10.55% and a return on equity of 6.60%. During the same period in the prior year, the company earned $0.14 earnings per share. As a group, equities research analysts forecast that Natural Gas Services Group, Inc. will post 1.42 earnings per share for the current fiscal year.
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.
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