EAM Investors LLC Acquires New Stake in Natural Gas Services Group, Inc. (NYSE:NGS)

EAM Investors LLC acquired a new position in shares of Natural Gas Services Group, Inc. (NYSE:NGS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 40,617 shares of the oil and gas company's stock, valued at approximately $1,089,000. EAM Investors LLC owned approximately 0.33% of Natural Gas Services Group at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. SG Americas Securities LLC acquired a new position in Natural Gas Services Group in the fourth quarter worth about $128,000. Wells Fargo & Company MN lifted its holdings in Natural Gas Services Group by 31.5% during the 4th quarter. Wells Fargo & Company MN now owns 6,022 shares of the oil and gas company's stock worth $161,000 after buying an additional 1,443 shares during the last quarter. BNP Paribas Financial Markets grew its position 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 acquiring an additional 3,056 shares in the last quarter. FCA Corp TX bought a new stake in shares of Natural Gas Services Group in the 4th quarter valued at approximately $188,000. Finally, Net Worth Advisory Group acquired a new stake in shares of Natural Gas Services Group during the 4th quarter valued at approximately $213,000. Institutional investors own 65.62% of the company's stock.

Natural Gas Services Group Stock Performance

NGS stock traded up $0.48 during mid-day trading on Tuesday, reaching $18.56. The company had a trading volume of 10,543 shares, compared to its average volume of 82,049. The stock's 50-day simple moving average is $22.22 and its two-hundred day simple moving average is $23.97. The stock has a market capitalization of $232.14 million, a P/E ratio of 14.55 and a beta of 0.77. 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 one year low of $16.70 and a one year high of $29.74.

Natural Gas Services Group (NYSE:NGS - Get Free Report) last posted its earnings results on Monday, March 17th. The oil and gas company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.27 by $0.02. Natural Gas Services Group had a net margin of 10.55% and a return on equity of 6.60%. The firm had revenue of $40.66 million during the quarter, compared to analysts' expectations of $40.84 million. During the same quarter in the prior year, the firm earned $0.14 EPS. Research analysts anticipate that Natural Gas Services Group, Inc. will post 1.42 EPS for the current year.

Analysts Set New Price Targets

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

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.