James R. Hazlett Sells 6,410 Shares of Natural Gas Services Group, Inc. (NGS) Stock

Natural Gas Services Group, Inc. (NYSE:NGS) VP James R. Hazlett sold 6,410 shares of the stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $28.98, for a total transaction of $185,761.80. Following the completion of the transaction, the vice president now owns 48,109 shares in the company, valued at $1,394,198.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Natural Gas Services Group, Inc. (NYSE:NGS) opened at $28.65 on Friday. The company has a market cap of $375.30, a P/E ratio of 159.17 and a beta of 1.28. Natural Gas Services Group, Inc. has a one year low of $22.40 and a one year high of $31.30.

Natural Gas Services Group (NYSE:NGS) last issued its quarterly earnings results on Thursday, November 2nd. The oil and gas company reported $0.04 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.01). Natural Gas Services Group had a return on equity of 0.98% and a net margin of 3.41%. The company had revenue of $15.91 million for the quarter, compared to analyst estimates of $18.05 million. During the same period in the prior year, the business earned $0.12 earnings per share. Natural Gas Services Group’s revenue for the quarter was down 1.7% compared to the same quarter last year. analysts expect that Natural Gas Services Group, Inc. will post 0.16 EPS for the current fiscal year.

Several hedge funds have recently made changes to their positions in NGS. Franklin Resources Inc. increased its position in shares of Natural Gas Services Group by 33.3% in the second quarter. Franklin Resources Inc. now owns 928,700 shares of the oil and gas company’s stock valued at $23,078,000 after buying an additional 232,000 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Natural Gas Services Group by 875.0% in the third quarter. JPMorgan Chase & Co. now owns 140,925 shares of the oil and gas company’s stock valued at $4,122,000 after buying an additional 126,471 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Natural Gas Services Group by 33.6% in the second quarter. Ameriprise Financial Inc. now owns 219,132 shares of the oil and gas company’s stock valued at $5,445,000 after buying an additional 55,100 shares in the last quarter. Monarch Partners Asset Management LLC increased its position in shares of Natural Gas Services Group by 364.8% in the third quarter. Monarch Partners Asset Management LLC now owns 67,440 shares of the oil and gas company’s stock valued at $1,915,000 after buying an additional 52,930 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of Natural Gas Services Group by 6.6% in the second quarter. Northern Trust Corp now owns 575,993 shares of the oil and gas company’s stock valued at $14,313,000 after buying an additional 35,559 shares in the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Separately, Zacks Investment Research lowered shares of Natural Gas Services Group from a “hold” rating to a “sell” rating in a research note on Wednesday, September 27th.

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Natural Gas Services Group Company Profile

Natural Gas Services Group, Inc is a provider of small to medium horsepower compression equipment to the natural gas industry. The Company focuses primarily on the non-conventional natural gas and oil production business in the United States, such as coal bed methane, gas shale, tight gas and oil shales.

Insider Buying and Selling by Quarter for Natural Gas Services Group (NYSE:NGS)

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