FCA Corp TX Makes New Investment in Natural Gas Services Group, Inc. (NYSE:NGS)

FCA Corp TX purchased a new position in shares of Natural Gas Services Group, Inc. (NYSE:NGS) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 7,000 shares of the oil and gas company’s stock, valued at approximately $188,000. FCA Corp TX owned approximately 0.06% of Natural Gas Services Group as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. GSA Capital Partners LLP boosted its holdings in shares of 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 buying an additional 557 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Natural Gas Services Group by 4.7% in the 4th quarter. Bank of New York Mellon Corp now owns 32,102 shares of the oil and gas company’s stock worth $860,000 after purchasing an additional 1,433 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Natural Gas Services Group by 5.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,148 shares of the oil and gas company’s stock worth $595,000 after purchasing an additional 1,485 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of 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 worth $165,000 after purchasing an additional 3,056 shares in the last quarter. Finally, MetLife Investment Management LLC lifted its holdings in shares of Natural Gas Services Group by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 6,325 shares of the oil and gas company’s stock worth $121,000 after purchasing an additional 3,564 shares in the last quarter. 65.62% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Natural Gas Services Group

In other news, Director Stephen Charles Taylor sold 19,400 shares of the firm’s stock in a transaction 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 sale, the director now directly owns 438,387 shares of the company’s stock, valued at $12,625,545.60. This trade represents a 4.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 7.25% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. StockNews.com cut Natural Gas Services Group from a “hold” rating to a “sell” rating in a report on Tuesday, March 18th. Raymond James reiterated a “strong-buy” rating and issued a $32.00 target price (down from $33.00) on shares of Natural Gas Services Group in a report on Wednesday.

Natural Gas Services Group Price Performance

Shares of NYSE:NGS opened at $21.69 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.65. The stock’s fifty day simple moving average is $25.59 and its two-hundred day simple moving average is $23.91. Natural Gas Services Group, Inc. has a 1-year low of $16.70 and a 1-year high of $29.74. The stock has a market cap of $271.28 million, a PE ratio of 16.95 and a beta of 1.13.

Natural Gas Services Group (NYSE:NGS) last issued its quarterly earnings data on Monday, March 17th. The oil and gas company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.02. Natural Gas Services Group had a return on equity of 6.60% and a net margin of 10.55%. The business had revenue of $40.66 million for the quarter, compared to analysts’ expectations of $40.84 million. During the same period last year, the business earned $0.14 EPS. As a group, analysts forecast that Natural Gas Services Group, Inc. will post 1.42 EPS for the current fiscal year.

Natural Gas Services Group 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.