Russell Investments Group Ltd. Has $3.72 Million Stock Holdings in Natural Gas Services Group, Inc. (NYSE:NGS)

Russell Investments Group Ltd. increased its position in shares of Natural Gas Services Group, Inc. (NYSE:NGS - Free Report) by 13.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 138,620 shares of the oil and gas company's stock after buying an additional 16,654 shares during the quarter. Russell Investments Group Ltd. owned 1.11% of Natural Gas Services Group worth $3,715,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its position in Natural Gas Services Group by 5.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,148 shares of the oil and gas company's stock worth $595,000 after acquiring an additional 1,485 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in Natural Gas Services Group by 54.7% during the third quarter. BNP Paribas Financial Markets now owns 8,647 shares of the oil and gas company's stock worth $165,000 after purchasing an additional 3,056 shares during the last quarter. State Street Corp grew its position in Natural Gas Services Group by 19.1% in 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. Barclays PLC increased its stake in Natural Gas Services Group by 47.5% in the 3rd quarter. Barclays PLC now owns 17,301 shares of the oil and gas company's stock valued at $331,000 after buying an additional 5,575 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Natural Gas Services Group by 76.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 34,548 shares of the oil and gas company's stock worth $660,000 after buying an additional 14,974 shares in the last quarter. Institutional investors and hedge funds own 65.62% of the company's stock.

Insider Activity at Natural Gas Services Group

In related news, Director Stephen Charles Taylor sold 19,400 shares of the company's stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $28.80, for a total value of $558,720.00. Following the transaction, the director now owns 438,387 shares in the company, valued at approximately $12,625,545.60. This represents a 4.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 7.25% of the stock is owned by company insiders.

Analysts Set New Price Targets

NGS has been the topic of a number of recent 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 set 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 Stock Performance

Shares of NGS traded down $1.43 during midday trading on Monday, reaching $18.06. The stock had a trading volume of 70,883 shares, compared to its average volume of 74,016. The firm has a market cap of $225.88 million, a PE ratio of 14.11 and a beta of 0.77. The firm has a 50 day simple moving average of $22.22 and a 200-day simple moving average of $23.97. Natural Gas Services Group, Inc. has a one year low of $16.70 and a one year high of $29.74. 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 (NYSE:NGS - Get Free Report) last posted its quarterly earnings results on Monday, March 17th. The oil and gas company reported $0.29 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.02. The business had revenue of $40.66 million during the quarter, compared to analysts' expectations of $40.84 million. Natural Gas Services Group had a return on equity of 6.60% and a net margin of 10.55%. During the same quarter last 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 EPS for the current 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.