Stephen Charles Taylor Sells 1,638 Shares of Natural Gas Services Group (NYSE:NGS) Stock

Key Points

• Director Stephen Charles Taylor sold 1,638 shares of Natural Gas Services Group stock for a total of $45,045 on September 18th, reducing his ownership by 0.41% to 396,952 shares.
• The company recently declared a quarterly dividend of $0.10 per share, which equates to an annualized dividend yield of 1.5% and a payout ratio of 28.17%.
• Natural Gas Services Group has a market capitalization of $343.40 million and reported earnings per share of $0.41 for the last quarter, exceeding analysts' expectations.

Natural Gas Services Group, Inc. (NYSE:NGS - Get Free Report) Director Stephen Charles Taylor sold 1,638 shares of the company's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $27.50, for a total transaction of $45,045.00. Following the completion of the sale, the director directly owned 396,952 shares in the company, valued at approximately $10,916,180. The trade was a 0.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Stephen Charles Taylor also recently made the following trade(s):

• On Friday, September 19th, Stephen Charles Taylor sold 63 shares of Natural Gas Services Group stock. The shares were sold at an average price of $27.50, for a total transaction of $1,732.50.
• On Wednesday, September 17th, Stephen Charles Taylor sold 6,553 shares of Natural Gas Services Group stock. The stock was sold at an average price of $27.51, for a total transaction of $180,273.03.
• On Tuesday, September 16th, Stephen Charles Taylor sold 289 shares of Natural Gas Services Group stock. The shares were sold at an average price of $27.50, for a total value of $7,947.50.
• On Thursday, September 4th, Stephen Charles Taylor sold 10,000 shares of Natural Gas Services Group stock. The shares were sold at an average price of $27.00, for a total value of $270,000.00.
• On Friday, August 22nd, Stephen Charles Taylor sold 20,000 shares of Natural Gas Services Group stock. The shares were sold at an average price of $26.25, for a total transaction of $525,000.00.

Natural Gas Services Group Trading Up 1.0%

NYSE NGS traded up $0.28 during mid-day trading on Monday, reaching $27.34. 47,169 shares of the stock were exchanged, compared to its average volume of 52,824. Natural Gas Services Group, Inc. has a one year low of $16.73 and a one year high of $29.74. The stock has a 50 day simple moving average of $25.41 and a 200-day simple moving average of $23.60. The stock has a market cap of $342.84 million, a P/E ratio of 18.28 and a beta of 0.57. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.97 and a quick ratio of 1.23.

Natural Gas Services Group (NYSE:NGS - Get Free Report) last posted its quarterly earnings results on Monday, August 11th. The oil and gas company reported $0.41 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.09. The business had revenue of $41.38 million during the quarter, compared to analysts' expectations of $41.87 million. Natural Gas Services Group had a net margin of 10.92% and a return on equity of 7.21%. On average, analysts anticipate that Natural Gas Services Group, Inc. will post 1.42 EPS for the current year.

Natural Gas Services Group declared that its Board of Directors has approved a stock repurchase plan on Monday, August 11th that permits the company to buyback $6.00 million in shares. This buyback authorization permits the oil and gas company to reacquire up to 1.9% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's management believes its shares are undervalued.

Natural Gas Services Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 22nd. Stockholders of record on Friday, August 8th were given a $0.10 dividend. The ex-dividend date of this dividend was Friday, August 8th. This represents a $0.40 annualized dividend and a dividend yield of 1.5%. Natural Gas Services Group's payout ratio is 28.17%.

Institutional Investors Weigh In On Natural Gas Services Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. HighTower Advisors LLC purchased a new stake in Natural Gas Services Group during the 1st quarter valued at about $254,000. GAMMA Investing LLC raised its position in shares of Natural Gas Services Group by 4,293.1% during the first quarter. GAMMA Investing LLC now owns 1,274 shares of the oil and gas company's stock valued at $28,000 after buying an additional 1,245 shares during the last quarter. Rice Hall James & Associates LLC bought a new stake in Natural Gas Services Group in the first quarter worth $1,458,000. Nuveen LLC purchased a new position in Natural Gas Services Group during the first quarter worth $497,000. Finally, Russell Investments Group Ltd. boosted its stake in shares of Natural Gas Services Group by 17.9% during the first quarter. Russell Investments Group Ltd. now owns 163,473 shares of the oil and gas company's stock valued at $3,591,000 after purchasing an additional 24,853 shares during the period. 65.62% of the stock is currently owned by institutional investors.

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.