John Chisholm Sells 2,500 Shares of Natural Gas Services Group, Inc. (NGS) Stock

Natural Gas Services Group, Inc. (NYSE:NGS) Director John Chisholm sold 2,500 shares of Natural Gas Services Group stock in a transaction that occurred on Tuesday, January 8th. The shares were sold at an average price of $18.20, for a total value of $45,500.00. Following the completion of the sale, the director now directly owns 13,464 shares in the company, valued at approximately $245,044.80. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

NYSE:NGS opened at $18.57 on Thursday. The company has a market cap of $239.91 million, a price-to-earnings ratio of 168.82 and a beta of 1.39. Natural Gas Services Group, Inc. has a twelve month low of $15.42 and a twelve month high of $29.35.

Natural Gas Services Group (NYSE:NGS) last posted its quarterly earnings results on Thursday, November 8th. The oil and gas company reported $0.02 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.02. The firm had revenue of $16.40 million for the quarter, compared to analyst estimates of $18.27 million. Natural Gas Services Group had a return on equity of 0.41% and a net margin of 29.40%. Sell-side analysts forecast that Natural Gas Services Group, Inc. will post 0.09 earnings per share for the current fiscal year.

NGS has been the topic of a number of recent research reports. Zacks Investment Research raised Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Thursday, October 18th. Seaport Global Securities set a $23.00 target price on Natural Gas Services Group and gave the company a “buy” rating in a research report on Friday, December 7th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $55.00.

Several large investors have recently bought and sold shares of the business. TIAA CREF Investment Management LLC increased its position in shares of Natural Gas Services Group by 2.3% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 45,247 shares of the oil and gas company’s stock worth $955,000 after purchasing an additional 1,022 shares during the last quarter. California Public Employees Retirement System increased its position in shares of Natural Gas Services Group by 8.8% during the 2nd quarter. California Public Employees Retirement System now owns 35,445 shares of the oil and gas company’s stock worth $837,000 after purchasing an additional 2,858 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Natural Gas Services Group by 0.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,091,390 shares of the oil and gas company’s stock worth $25,756,000 after purchasing an additional 3,095 shares during the last quarter. MetLife Investment Advisors LLC increased its position in shares of Natural Gas Services Group by 51.3% during the 3rd quarter. MetLife Investment Advisors LLC now owns 10,054 shares of the oil and gas company’s stock worth $212,000 after purchasing an additional 3,411 shares during the last quarter. Finally, BlackRock Inc. increased its position in shares of Natural Gas Services Group by 0.6% during the 3rd quarter. BlackRock Inc. now owns 919,595 shares of the oil and gas company’s stock worth $19,404,000 after purchasing an additional 5,884 shares during the last quarter. 90.40% of the stock is currently owned by hedge funds and other institutional investors.

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Natural Gas Services Group Company Profile

Natural Gas Services Group, Inc provides gas compression equipment and services to the natural gas and oil industry in the United States. The company engages in the rental of small to medium horsepower compression equipment to non-conventional natural gas and oil production businesses. As of December 31, 2017, it had 2,546 natural gas compressors in its rental fleet totaling 369,961 horsepower.

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