Calamos Advisors LLC Buys Shares of 10,409 Natural Gas Services Group, Inc. (NYSE:NGS)

Calamos Advisors LLC bought a new stake in Natural Gas Services Group, Inc. (NYSE:NGS) during the 4th quarter, Holdings Channel reports. The fund bought 10,409 shares of the oil and gas company’s stock, valued at approximately $279,000.

Several other hedge funds have also recently added to or reduced their stakes in NGS. MetLife Investment Management LLC increased its holdings in shares of Natural Gas Services Group by 129.1% in the third quarter. MetLife Investment Management LLC now owns 6,325 shares of the oil and gas company’s stock worth $121,000 after acquiring an additional 3,564 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Natural Gas Services Group in the fourth quarter worth about $128,000. BNP Paribas Financial Markets increased its holdings in shares of Natural Gas Services Group by 54.7% in the third quarter. BNP Paribas Financial Markets now owns 8,647 shares of the oil and gas company’s stock worth $165,000 after acquiring an additional 3,056 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Natural Gas Services Group in the third quarter worth about $261,000. Finally, PDT Partners LLC increased its holdings in shares of Natural Gas Services Group by 64.3% in the third quarter. PDT Partners LLC now owns 16,784 shares of the oil and gas company’s stock worth $321,000 after acquiring an additional 6,567 shares in the last quarter. Institutional investors and hedge funds own 65.62% of the company’s stock.

Insider Buying and Selling

In related news, Director Stephen Charles Taylor sold 2,191 shares of the stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $24.50, for a total transaction of $53,679.50. Following the completion of the transaction, the director now directly owns 538,387 shares of the company’s stock, valued at approximately $13,190,481.50. This represents a 0.41 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last three months, insiders sold 60,292 shares of company stock worth $1,635,353. 7.25% of the stock is owned by corporate insiders.

Natural Gas Services Group Stock Up 0.6 %

NYSE:NGS opened at $27.01 on Thursday. 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 company has a market cap of $337.39 million, a PE ratio of 21.10 and a beta of 1.12. Natural Gas Services Group, Inc. has a 52-week low of $14.09 and a 52-week high of $29.74. The stock has a 50-day simple moving average of $26.77 and a 200 day simple moving average of $22.96.

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 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.