Crown Advisors Management Inc. Invests $2.68 Million in Natural Gas Services Group, Inc. (NYSE:NGS)

Crown Advisors Management Inc. acquired a new position in Natural Gas Services Group, Inc. (NYSE:NGS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 100,000 shares of the oil and gas company’s stock, valued at approximately $2,680,000. Natural Gas Services Group makes up approximately 1.7% of Crown Advisors Management Inc.’s portfolio, making the stock its 27th largest position. Crown Advisors Management Inc. owned approximately 0.80% of Natural Gas Services Group as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. SG Americas Securities LLC bought a new position in shares of Natural Gas Services Group in the 4th quarter worth about $128,000. MetLife Investment Management LLC increased its position in Natural Gas Services Group by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 6,325 shares of the oil and gas company’s stock valued at $121,000 after buying an additional 3,564 shares in the last quarter. Net Worth Advisory Group bought a new stake in Natural Gas Services Group in the 4th quarter valued at about $213,000. Proficio Capital Partners LLC bought a new stake in Natural Gas Services Group in the 4th quarter valued at about $214,000. Finally, BNP Paribas Financial Markets increased its position in Natural Gas Services Group by 54.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 8,647 shares of the oil and gas company’s stock valued at $165,000 after buying an additional 3,056 shares in the last quarter. 65.62% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Natural Gas Services Group news, Director Stephen Charles Taylor sold 19,400 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $28.80, for a total transaction of $558,720.00. Following the completion of the sale, the director now directly owns 438,387 shares of the company’s stock, valued at approximately $12,625,545.60. The trade was a 4.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 7.25% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Natural Gas Services Group from a “hold” rating to a “sell” rating in a research report on Tuesday.

Natural Gas Services Group Stock Performance

Shares of Natural Gas Services Group stock opened at $21.82 on Wednesday. Natural Gas Services Group, Inc. has a one year low of $16.70 and a one year high of $29.74. The firm has a market capitalization of $272.47 million, a price-to-earnings ratio of 17.04 and a beta of 1.13. The business has a 50-day simple moving average of $25.86 and a 200 day simple moving average of $23.92. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.76 and a quick ratio of 1.16.

Natural Gas Services Group (NYSE:NGS) last issued its quarterly earnings data 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 firm had revenue of $40.66 million during the quarter, compared to analyst estimates 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 period in the previous year, the company posted $0.14 EPS. On average, research analysts anticipate that Natural Gas Services Group, Inc. will post 1.42 earnings per share for the current fiscal year.

About Natural Gas Services Group

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.