Pacific Ridge Capital Partners LLC Has $3.60 Million Position in Natural Gas Services Group, Inc. (NGS)

Pacific Ridge Capital Partners LLC lifted its stake in shares of Natural Gas Services Group, Inc. (NYSE:NGS) by 7.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 170,410 shares of the oil and gas company’s stock after buying an additional 11,200 shares during the quarter. Pacific Ridge Capital Partners LLC owned 1.30% of Natural Gas Services Group worth $3,596,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Citadel Advisors LLC purchased a new stake in shares of Natural Gas Services Group during the 3rd quarter valued at about $351,000. Strs Ohio grew its stake in Natural Gas Services Group by 9.8% during the 2nd quarter. Strs Ohio now owns 29,200 shares of the oil and gas company’s stock valued at $689,000 after purchasing an additional 2,600 shares in the last quarter. Segall Bryant & Hamill LLC grew its stake in Natural Gas Services Group by 24.1% during the 2nd quarter. Segall Bryant & Hamill LLC now owns 29,897 shares of the oil and gas company’s stock valued at $706,000 after purchasing an additional 5,797 shares in the last quarter. California Public Employees Retirement System grew its stake in 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 valued at $837,000 after purchasing an additional 2,858 shares in the last quarter. Finally, Putnam Investments LLC acquired a new stake in Natural Gas Services Group during the 2nd quarter valued at approximately $1,409,000. Institutional investors and hedge funds own 90.40% of the company’s stock.

Shares of NYSE NGS opened at $19.61 on Friday. Natural Gas Services Group, Inc. has a fifty-two week low of $17.50 and a fifty-two week high of $29.35. The company has a market cap of $248.31 million, a price-to-earnings ratio of 210.33 and a beta of 1.31.

Natural Gas Services Group (NYSE:NGS) last issued its quarterly earnings data on Thursday, November 8th. The oil and gas company reported $0.02 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.02. Natural Gas Services Group had a return on equity of 0.41% and a net margin of 29.40%. The firm had revenue of $16.40 million during the quarter, compared to analyst estimates of $18.27 million. Equities research analysts forecast that Natural Gas Services Group, Inc. will post 0.1 earnings per share for the current year.

A number of equities research analysts have weighed in on the company. Seaport Global Securities set a $23.00 price objective on Natural Gas Services Group and gave the company a “buy” rating in a research note on Friday. Zacks Investment Research upgraded Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Thursday, October 18th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $55.00.

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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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Institutional Ownership by Quarter for Natural Gas Services Group (NYSE:NGS)

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