Natural Gas Services Group, Inc. (NGS) Stake Lessened by OxFORD Asset Management LLP

OxFORD Asset Management LLP decreased its holdings in shares of Natural Gas Services Group, Inc. (NYSE:NGS) by 24.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,665 shares of the oil and gas company’s stock after selling 14,153 shares during the quarter. OxFORD Asset Management LLP owned 0.34% of Natural Gas Services Group worth $1,242,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the company. Schwab Charles Investment Management Inc. grew its holdings in shares of Natural Gas Services Group by 0.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 89,885 shares of the oil and gas company’s stock valued at $2,234,000 after buying an additional 579 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Natural Gas Services Group by 4.4% during the first quarter. Goldman Sachs Group Inc. now owns 14,148 shares of the oil and gas company’s stock valued at $369,000 after buying an additional 599 shares in the last quarter. Voya Investment Management LLC grew its holdings in shares of Natural Gas Services Group by 10.7% during the second quarter. Voya Investment Management LLC now owns 9,464 shares of the oil and gas company’s stock valued at $235,000 after buying an additional 916 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Natural Gas Services Group by 29.0% during the first quarter. Bank of America Corp DE now owns 5,239 shares of the oil and gas company’s stock valued at $137,000 after buying an additional 1,178 shares in the last quarter. Finally, Teachers Advisors LLC grew its holdings in shares of Natural Gas Services Group by 4.4% during the second quarter. Teachers Advisors LLC now owns 33,395 shares of the oil and gas company’s stock valued at $830,000 after buying an additional 1,402 shares in the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Separately, Zacks Investment Research upgraded Natural Gas Services Group from a “sell” rating to a “hold” rating in a report on Thursday, November 30th.

In other news, Director John Chisholm sold 3,900 shares of the company’s stock in a transaction dated Wednesday, December 27th. The stock was sold at an average price of $26.05, for a total transaction of $101,595.00. Following the completion of the sale, the director now owns 29,232 shares in the company, valued at approximately $761,493.60. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Stephen Charles Taylor sold 16,212 shares of the company’s stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $25.17, for a total value of $408,056.04. Following the sale, the chief executive officer now owns 293,300 shares of the company’s stock, valued at approximately $7,382,361. The disclosure for this sale can be found here. Insiders sold 30,012 shares of company stock worth $762,626 in the last 90 days. Corporate insiders own 6.53% of the company’s stock.

Shares of Natural Gas Services Group, Inc. (NYSE NGS) traded up $0.70 during midday trading on Thursday, reaching $28.65. The company’s stock had a trading volume of 36,423 shares, compared to its average volume of 31,803. Natural Gas Services Group, Inc. has a 1 year low of $22.40 and a 1 year high of $31.30. The stock has a market capitalization of $364.19, a P/E ratio of 159.17 and a beta of 1.28.

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

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Natural Gas Services Group 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.

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

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