Natural Gas Services Group, Inc. (NYSE:NGS) Shares Sold by Marshall Wace LLP

Marshall Wace LLP cut its holdings in Natural Gas Services Group, Inc. (NYSE:NGS - Free Report) by 66.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 26,550 shares of the oil and gas company's stock after selling 51,667 shares during the period. Marshall Wace LLP owned about 0.21% of Natural Gas Services Group worth $712,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. First Eagle Investment Management LLC lifted its holdings in shares of 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 in the last quarter. Proficio Capital Partners LLC acquired a new stake in Natural Gas Services Group during the fourth quarter worth about $5,733,000. Russell Investments Group Ltd. raised its position in Natural Gas Services Group by 13.7% in the fourth quarter. Russell Investments Group Ltd. now owns 138,620 shares of the oil and gas company's stock worth $3,715,000 after purchasing an additional 16,654 shares in the last quarter. Crown Advisors Management Inc. bought a new position in shares of Natural Gas Services Group during the fourth quarter valued at $2,680,000. Finally, Empowered Funds LLC increased its holdings in shares of Natural Gas Services Group by 5.1% during the fourth quarter. Empowered Funds LLC now owns 93,354 shares of the oil and gas company's stock worth $2,502,000 after buying an additional 4,497 shares in the last quarter. Institutional investors and hedge funds own 65.62% of the company's stock.

Natural Gas Services Group Stock Performance

Natural Gas Services Group stock traded up $0.31 during trading on Wednesday, hitting $19.27. The stock had a trading volume of 51,155 shares, compared to its average volume of 73,848. The stock's 50 day moving average is $20.35 and its two-hundred day moving average is $23.80. The stock has a market cap of $241.16 million, a price-to-earnings ratio of 15.06 and a beta of 0.53. 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 quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.65.

Natural Gas Services Group (NYSE:NGS - Get Free Report) last issued its earnings results 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 company had revenue of $40.66 million during the quarter, compared to analysts' expectations of $40.84 million. During the same period in the prior year, the business posted $0.14 EPS. As a group, analysts predict that Natural Gas Services Group, Inc. will post 1.42 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. StockNews.com upgraded Natural Gas Services Group from a "sell" rating to a "hold" rating in a report on Tuesday, April 15th. Raymond James restated a "strong-buy" rating and issued a $32.00 price target (down previously 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.