Natural Gas Services Group, Inc. (NYSE:NGS) has been given a consensus recommendation of “Hold” by the six ratings firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $28.00.

Several research analysts recently weighed in on the company. Zacks Investment Research raised Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Thursday, November 30th. Capital One Financial reissued an “overweight” rating on shares of Natural Gas Services Group in a research report on Thursday, March 8th. TheStreet raised Natural Gas Services Group from a “c+” rating to a “b” rating in a research report on Friday, March 9th. Finally, Seaport Global Securities reissued a “buy” rating and set a $29.00 price target on shares of Natural Gas Services Group in a research report on Friday, March 9th.

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In related news, Director John Chisholm sold 3,900 shares of the company’s stock in a transaction on Wednesday, December 27th. The stock was sold at an average price of $26.05, for a total transaction of $101,595.00. Following the transaction, the director now directly owns 29,232 shares of the company’s stock, valued at $761,493.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David L. Bradshaw sold 2,500 shares of the company’s stock in a transaction on Tuesday, March 13th. The shares were sold at an average price of $27.29, for a total value of $68,225.00. Following the transaction, the director now directly owns 17,353 shares in the company, valued at $473,563.37. The disclosure for this sale can be found here. Insiders have sold 19,075 shares of company stock worth $525,625 over the last three months. 6.53% of the stock is owned by insiders.

Large investors have recently bought and sold shares of the stock. MetLife Investment Advisors LLC acquired a new position in Natural Gas Services Group during the fourth quarter valued at $174,000. Voya Investment Management LLC increased its position in Natural Gas Services Group by 10.7% in the 2nd quarter. Voya Investment Management LLC now owns 9,464 shares of the oil and gas company’s stock worth $235,000 after purchasing an additional 916 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Natural Gas Services Group by 14.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,424 shares of the oil and gas company’s stock worth $284,000 after purchasing an additional 1,415 shares during the last quarter. Stone Ridge Asset Management LLC acquired a new position in Natural Gas Services Group in the 4th quarter worth about $308,000. Finally, Crestline Management LP acquired a new position in Natural Gas Services Group in the 4th quarter worth about $417,000. 90.93% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Natural Gas Services Group stock traded down $0.15 during midday trading on Tuesday, hitting $24.95. The stock had a trading volume of 25,629 shares, compared to its average volume of 27,965. Natural Gas Services Group has a twelve month low of $22.40 and a twelve month high of $29.55. The stock has a market capitalization of $325.47, a P/E ratio of 209.58 and a beta of 1.27.

Natural Gas Services Group (NYSE:NGS) last announced its earnings results on Thursday, March 8th. The oil and gas company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.01). Natural Gas Services Group had a net margin of 29.31% and a return on equity of 0.62%. The company had revenue of $16.70 million for the quarter, compared to analysts’ expectations of $16.77 million. sell-side analysts expect that Natural Gas Services Group will post 0.34 EPS for the current year.

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About Natural Gas Services Group

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.

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