TrueWealth Advisors LLC Makes New $272,000 Investment in Natural Gas Services Group, Inc. (NYSE:NGS)

TrueWealth Advisors LLC bought a new stake in Natural Gas Services Group, Inc. (NYSE:NGS - Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 12,366 shares of the oil and gas company's stock, valued at approximately $272,000. TrueWealth Advisors LLC owned about 0.10% of Natural Gas Services Group as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Proficio Capital Partners LLC acquired a new position in Natural Gas Services Group in the 4th quarter valued at $5,733,000. First Eagle Investment Management LLC lifted its position in Natural Gas Services Group by 119.8% in the fourth quarter. First Eagle Investment Management LLC now owns 229,294 shares of the oil and gas company's stock valued at $6,145,000 after purchasing an additional 124,978 shares during the period. Crown Advisors Management Inc. acquired a new stake in Natural Gas Services Group in the fourth quarter valued at about $2,680,000. EAM Investors LLC purchased a new stake in Natural Gas Services Group in the 4th quarter valued at approximately $1,089,000. Finally, Raymond James Financial Inc. acquired a new position in Natural Gas Services Group during the 4th quarter worth approximately $1,001,000. Institutional investors and hedge funds own 65.62% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have commented on NGS. Raymond James restated a "strong-buy" rating and set a $32.00 target price (down from $33.00) on shares of Natural Gas Services Group in a research report on Wednesday, March 19th. Stifel Nicolaus increased their price objective on shares of Natural Gas Services Group from $32.00 to $33.00 and gave the company a "buy" rating in a research note on Friday, May 16th. Finally, Wall Street Zen upgraded shares of Natural Gas Services Group from a "sell" rating to a "hold" rating in a report on Wednesday, May 21st.

Insider Activity at Natural Gas Services Group

In related news, Director Stephen Charles Taylor sold 25,000 shares of Natural Gas Services Group stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $24.90, for a total value of $622,500.00. Following the completion of the sale, the director now owns 433,334 shares in the company, valued at approximately $10,790,016.60. The trade was a 5.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 5.08% of the stock is currently owned by company insiders.

Natural Gas Services Group Trading Up 1.9%

NGS traded up $0.48 on Friday, reaching $25.17. 73,810 shares of the company's stock were exchanged, compared to its average volume of 74,889. Natural Gas Services Group, Inc. has a twelve month low of $16.70 and a twelve month high of $29.74. The company's 50 day moving average is $21.11 and its 200-day moving average is $24.15. 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 $315.38 million, a price-to-earnings ratio of 19.66 and a beta of 0.53.

Natural Gas Services Group (NYSE:NGS - Get Free Report) last issued its earnings results on Monday, May 12th. The oil and gas company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.11. The company had revenue of $41.38 million during the quarter, compared to the consensus estimate of $40.52 million. Natural Gas Services Group had a return on equity of 6.60% and a net margin of 10.55%. Equities analysts predict that Natural Gas Services Group, Inc. will post 1.42 earnings per share for the current year.

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.