BTIM Corp. grew its position in shares of Natural Gas Services Group, Inc. (NYSE:NGS) by 3.2% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 221,775 shares of the oil and gas company’s stock after buying an additional 6,927 shares during the quarter. BTIM Corp. owned 1.68% of Natural Gas Services Group worth $3,839,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of NGS. JPMorgan Chase & Co. lifted its position in shares of Natural Gas Services Group by 9.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 154,987 shares of the oil and gas company’s stock worth $3,271,000 after buying an additional 13,247 shares in the last quarter. BlackRock Inc. lifted its position in shares of Natural Gas Services Group by 0.6% during the 3rd quarter. BlackRock Inc. now owns 919,595 shares of the oil and gas company’s stock worth $19,404,000 after buying an additional 5,884 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Natural Gas Services Group by 0.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,099,528 shares of the oil and gas company’s stock worth $23,200,000 after buying an additional 8,138 shares in the last quarter. Citadel Advisors LLC bought a new position in shares of Natural Gas Services Group during the 3rd quarter worth approximately $351,000. Finally, Renaissance Technologies LLC lifted its position in shares of Natural Gas Services Group by 8.7% during the 3rd quarter. Renaissance Technologies LLC now owns 458,400 shares of the oil and gas company’s stock worth $9,672,000 after buying an additional 36,500 shares in the last quarter. 91.07% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:NGS opened at $17.69 on Friday. The company has a market capitalization of $233.38 million, a P/E ratio of 221.13 and a beta of 1.34. Natural Gas Services Group, Inc. has a 12 month low of $15.42 and a 12 month high of $26.70.

Natural Gas Services Group (NYSE:NGS) last posted its quarterly earnings results on Thursday, March 14th. The oil and gas company reported $0.03 EPS for the quarter, hitting analysts’ consensus estimates of $0.03. The company had revenue of $16.20 million for the quarter, compared to analysts’ expectations of $18.10 million. Natural Gas Services Group had a net margin of 0.65% and a return on equity of 0.41%. On average, analysts expect that Natural Gas Services Group, Inc. will post 0.28 earnings per share for the current fiscal year.

NGS has been the topic of several recent analyst reports. Maxim Group initiated coverage on shares of Natural Gas Services Group in a research report on Friday, January 25th. They set a “buy” rating and a $24.00 target price on the stock. ValuEngine cut shares of Natural Gas Services Group from a “hold” rating to a “sell” rating in a research report on Monday, February 4th. Finally, Zacks Investment Research raised shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Thursday, February 7th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $47.25.

In related news, CEO Stephen Charles Taylor sold 8,025 shares of Natural Gas Services Group stock in a transaction that occurred on Friday, January 25th. The shares were sold at an average price of $17.14, for a total value of $137,548.50. Following the sale, the chief executive officer now owns 322,508 shares of the company’s stock, valued at approximately $5,527,787.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO G Larry Lawrence sold 3,299 shares of Natural Gas Services Group stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $18.42, for a total transaction of $60,767.58. Following the completion of the sale, the chief financial officer now directly owns 46,493 shares in the company, valued at approximately $856,401.06. The disclosure for this sale can be found here. Insiders sold a total of 65,541 shares of company stock worth $1,144,805 in the last ninety days. 6.61% of the stock is currently owned by insiders.

TRADEMARK VIOLATION WARNING: This piece of content was first published by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this piece of content on another site, it was stolen and reposted in violation of US & international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://theolympiareport.com/2019/04/20/natural-gas-services-group-inc-ngs-holdings-boosted-by-btim-corp.html.

Natural Gas Services Group Company Profile

Natural Gas Services Group, Inc provides small to medium horsepower compression equipment to the natural gas industry in the United States. The company engages in the rental of small to medium horsepower compression equipment to non-conventional natural gas and oil production businesses. As of December 31, 2018, it had 2,572 natural gas compressors in its rental fleet totaling 398,765 horsepower.

Featured Article: What are economic reports?

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

Receive News & Ratings for Natural Gas Services Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natural Gas Services Group and related companies with MarketBeat.com's FREE daily email newsletter.