Tudor Investment Corp ET AL Has $5.55 Million Stock Holdings in Kodiak Gas Services, Inc. (NYSE:KGS)

Tudor Investment Corp ET AL lifted its position in Kodiak Gas Services, Inc. (NYSE:KGS - Free Report) by 589.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 135,798 shares of the company's stock after buying an additional 116,099 shares during the period. Tudor Investment Corp ET AL owned about 0.16% of Kodiak Gas Services worth $5,545,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. GAMMA Investing LLC boosted its position in shares of Kodiak Gas Services by 94.7% during the fourth quarter. GAMMA Investing LLC now owns 703 shares of the company's stock worth $29,000 after buying an additional 342 shares during the period. B. Riley Wealth Advisors Inc. boosted its position in Kodiak Gas Services by 3.4% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 12,455 shares of the company's stock worth $371,000 after acquiring an additional 405 shares during the last quarter. U.S. Capital Wealth Advisors LLC grew its stake in shares of Kodiak Gas Services by 1.6% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 32,400 shares of the company's stock worth $1,323,000 after acquiring an additional 500 shares in the last quarter. Amalgamated Bank lifted its position in shares of Kodiak Gas Services by 112.6% in the fourth quarter. Amalgamated Bank now owns 1,110 shares of the company's stock worth $45,000 after purchasing an additional 588 shares in the last quarter. Finally, Sterling Capital Management LLC grew its position in Kodiak Gas Services by 1,322.6% in the fourth quarter. Sterling Capital Management LLC now owns 754 shares of the company's stock valued at $31,000 after purchasing an additional 701 shares in the last quarter. Institutional investors and hedge funds own 24.95% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on KGS. Royal Bank of Canada set a $45.00 price target on Kodiak Gas Services and gave the company an "outperform" rating in a research report on Tuesday, March 11th. Citigroup boosted their target price on shares of Kodiak Gas Services from $41.00 to $48.00 and gave the stock a "buy" rating in a report on Tuesday, January 14th. Mizuho boosted their price objective on shares of Kodiak Gas Services from $47.00 to $55.00 and gave the stock an "outperform" rating in a research note on Monday, February 3rd. Raymond James reiterated an "outperform" rating on shares of Kodiak Gas Services in a report on Friday, March 7th. Finally, Barclays dropped their price objective on Kodiak Gas Services from $41.00 to $36.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $41.45.

Kodiak Gas Services Stock Performance

KGS stock traded up $0.18 during trading hours on Tuesday, hitting $34.34. 274,641 shares of the stock were exchanged, compared to its average volume of 804,077. The company has a current ratio of 1.27, a quick ratio of 0.93 and a debt-to-equity ratio of 1.86. The company has a 50-day simple moving average of $35.69 and a two-hundred day simple moving average of $39.16. Kodiak Gas Services, Inc. has a 12 month low of $24.84 and a 12 month high of $50.43. The firm has a market capitalization of $3.04 billion, a P/E ratio of 118.44 and a beta of 1.59.

Kodiak Gas Services (NYSE:KGS - Get Free Report) last posted its quarterly earnings data on Wednesday, March 5th. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.15). Kodiak Gas Services had a net margin of 2.23% and a return on equity of 7.91%. The business had revenue of $309.52 million during the quarter, compared to the consensus estimate of $323.82 million. On average, analysts forecast that Kodiak Gas Services, Inc. will post 1.12 earnings per share for the current fiscal year.

Kodiak Gas Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Monday, May 5th will be issued a $0.45 dividend. The ex-dividend date is Monday, May 5th. This is a boost from Kodiak Gas Services's previous quarterly dividend of $0.41. This represents a $1.80 annualized dividend and a yield of 5.24%. Kodiak Gas Services's payout ratio is currently 305.08%.

About Kodiak Gas Services

Kodiak Gas Services, Inc operates contract compression infrastructure for customers in the oil and gas industry in the United States. It operates in two segments, Compression Operations and Other Services. The Compression Operations segment operates company-owned and customer-owned compression infrastructure to enable the production, gathering, and transportation of natural gas and oil.