Inspire Investing LLC Takes Position in Natural Gas Services Group, Inc. (NYSE:NGS)

Inspire Investing LLC bought a new position in Natural Gas Services Group, Inc. (NYSE:NGS) during the fourth quarter, Holdings Channel reports. The firm bought 33,195 shares of the oil and gas company’s stock, valued at approximately $890,000.

Several other large investors have also added to or reduced their stakes in NGS. GSA Capital Partners LLP increased 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 worth $345,000 after purchasing an additional 557 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings 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 worth $595,000 after buying an additional 1,485 shares in the last quarter. BNP Paribas Financial Markets raised its position 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 valued at $165,000 after buying an additional 3,056 shares during the last quarter. MetLife Investment Management LLC lifted its stake in Natural Gas Services Group by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 6,325 shares of the oil and gas company’s stock valued at $121,000 after acquiring an additional 3,564 shares in the last quarter. Finally, Empowered Funds LLC boosted its holdings in Natural Gas Services Group by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 88,857 shares of the oil and gas company’s stock worth $1,698,000 after acquiring an additional 4,422 shares during the last quarter. Institutional investors own 65.62% of the company’s stock.

Natural Gas Services Group Price Performance

Shares of NYSE NGS opened at $29.00 on Friday. The stock’s 50 day moving average price is $26.65 and its 200-day moving average price is $22.49. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.65. Natural Gas Services Group, Inc. has a twelve month low of $14.09 and a twelve month high of $29.74. The company has a market capitalization of $362.22 million, a PE ratio of 22.66 and a beta of 1.14.

Wall Street Analysts Forecast Growth

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

Insider Activity

In other Natural Gas Services Group news, Director Stephen Charles Taylor sold 3,096 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $24.50, for a total transaction of $75,852.00. Following the sale, the director now directly owns 545,291 shares of the company’s stock, valued at $13,359,629.50. This represents a 0.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 60,292 shares of company stock valued at $1,635,353 in the last ninety days. 7.25% of the stock is currently owned by insiders.

About Natural Gas Services Group

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.