Natural Gas Services Group, Inc. (NYSE:NGS) is Mill Road Capital Management LLC's 2nd Largest Position

Mill Road Capital Management LLC reduced its stake in Natural Gas Services Group, Inc. (NYSE:NGS - Free Report) by 14.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 792,799 shares of the oil and gas company's stock after selling 128,709 shares during the period. Natural Gas Services Group accounts for 10.1% of Mill Road Capital Management LLC's portfolio, making the stock its 2nd largest position. Mill Road Capital Management LLC owned approximately 6.35% of Natural Gas Services Group worth $21,247,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. First Eagle Investment Management LLC boosted its position in shares of Natural Gas Services Group by 119.8% during 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 bought a new stake in shares of Natural Gas Services Group during the fourth quarter valued at approximately $5,733,000. State Street Corp boosted its position in shares of Natural Gas Services Group by 19.1% during the third quarter. State Street Corp now owns 162,646 shares of the oil and gas company's stock valued at $3,108,000 after purchasing an additional 26,069 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of Natural Gas Services Group by 13.7% during the fourth quarter. Russell Investments Group Ltd. now owns 138,620 shares of the oil and gas company's stock valued at $3,715,000 after purchasing an additional 16,654 shares in the last quarter. Finally, Crown Advisors Management Inc. bought a new stake in shares of Natural Gas Services Group during the fourth quarter valued at approximately $2,680,000. 65.62% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on NGS. StockNews.com upgraded Natural Gas Services Group from a "sell" rating to a "hold" rating in a research report on Tuesday, April 15th. Raymond James restated a "strong-buy" rating and set a $32.00 price target (down from $33.00) on shares of Natural Gas Services Group in a research report on Wednesday, March 19th.

Natural Gas Services Group Stock Down 1.3 %

Natural Gas Services Group stock traded down $0.24 during mid-day trading on Tuesday, hitting $19.06. The company had a trading volume of 20,486 shares, compared to its average volume of 73,363. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.65. The stock's 50 day moving average price is $21.35 and its two-hundred day moving average price is $23.92. Natural Gas Services Group, Inc. has a 12 month low of $16.70 and a 12 month high of $29.74. The company has a market capitalization of $238.33 million, a PE ratio of 14.98 and a beta of 0.77.

Natural Gas Services Group (NYSE:NGS - Get Free Report) last released 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 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 the consensus estimate of $40.84 million. During the same period in the previous year, the company posted $0.14 earnings per share. As a group, sell-side analysts anticipate that Natural Gas Services Group, Inc. will post 1.42 earnings per share for the current fiscal year.

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.