Dimensional Fund Advisors LP Has $24.18 Million Position in Natural Gas Services Group, Inc. (NYSE:NGS)

Dimensional Fund Advisors LP reduced its holdings in Natural Gas Services Group, Inc. (NYSE:NGS - Free Report) by 1.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 902,167 shares of the oil and gas company's stock after selling 16,566 shares during the period. Dimensional Fund Advisors LP owned about 7.22% of Natural Gas Services Group worth $24,178,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. SG Americas Securities LLC purchased a new stake in Natural Gas Services Group in the 4th quarter worth about $128,000. Wells Fargo & Company MN increased its position in Natural Gas Services Group by 31.5% in the 4th quarter. Wells Fargo & Company MN now owns 6,022 shares of the oil and gas company's stock worth $161,000 after purchasing an additional 1,443 shares during the last quarter. FCA Corp TX acquired a new position in Natural Gas Services Group in the 4th quarter worth about $188,000. Net Worth Advisory Group acquired a new position in Natural Gas Services Group in the 4th quarter worth about $213,000. Finally, Proficio Capital Partners LLC acquired a new position in Natural Gas Services Group in the 4th quarter worth about $214,000. 65.62% of the stock is owned by hedge funds and other institutional investors.

Natural Gas Services Group Stock Up 7.5%

NGS stock traded up $1.54 during mid-day trading on Monday, hitting $22.00. The stock had a trading volume of 6,332 shares, compared to its average volume of 73,717. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.65. Natural Gas Services Group, Inc. has a 1-year low of $16.70 and a 1-year high of $29.74. The company has a fifty day moving average of $20.22 and a 200 day moving average of $23.87. The stock has a market capitalization of $275.31 million, a price-to-earnings ratio of 17.18 and a beta of 0.53.

Natural Gas Services Group (NYSE:NGS - Get Free Report) last issued its quarterly earnings data on Monday, March 17th. The oil and gas company reported $0.29 EPS for the quarter, beating analysts' consensus estimates 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 analyst estimates of $40.84 million. During the same quarter in the prior year, the firm posted $0.14 EPS. On average, equities analysts expect that Natural Gas Services Group, Inc. will post 1.42 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

NGS has been the topic of several research reports. StockNews.com raised Natural Gas Services Group from a "sell" rating to a "hold" rating in a research report on Tuesday, April 15th. Raymond James reaffirmed a "strong-buy" rating and issued a $32.00 target price (down from $33.00) on shares of Natural Gas Services Group in a research report on Wednesday, March 19th.

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.