Natural Gas Services Group, Inc. (NYSE:NGS) Position Boosted by Calamos Advisors LLC

Calamos Advisors LLC lifted its stake in shares of Natural Gas Services Group, Inc. (NYSE:NGS) by 20.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,504 shares of the oil and gas company’s stock after purchasing an additional 2,095 shares during the period. Calamos Advisors LLC’s holdings in Natural Gas Services Group were worth $275,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of NGS. TrueWealth Advisors LLC bought a new stake in shares of Natural Gas Services Group during the first quarter valued at approximately $272,000. GAMMA Investing LLC grew its position in Natural Gas Services Group by 4,293.1% in the first quarter. GAMMA Investing LLC now owns 1,274 shares of the oil and gas company’s stock worth $28,000 after buying an additional 1,245 shares during the last quarter. Man Group plc grew its position in Natural Gas Services Group by 3.9% in the fourth quarter. Man Group plc now owns 18,574 shares of the oil and gas company’s stock worth $498,000 after buying an additional 697 shares during the last quarter. Nuveen Asset Management LLC grew its position in Natural Gas Services Group by 17.7% in the fourth quarter. Nuveen Asset Management LLC now owns 22,634 shares of the oil and gas company’s stock worth $607,000 after buying an additional 3,398 shares during the last quarter. Finally, Deutsche Bank AG acquired a new position in Natural Gas Services Group in the fourth quarter worth approximately $241,000. Institutional investors own 65.62% of the company’s stock.

Insiders Place Their Bets

In other news, Director Stephen Charles Taylor sold 25,000 shares of the stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $24.90, for a total transaction of $622,500.00. Following the sale, the director directly owned 433,334 shares of the company’s stock, valued at $10,790,016.60. This represents a 5.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 7.25% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on NGS. Wall Street Zen upgraded shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Wednesday, May 21st. Stifel Nicolaus boosted their price target on Natural Gas Services Group from $32.00 to $33.00 and gave the stock a “buy” rating in a research report on Friday, May 16th. Finally, Raymond James Financial reissued a “strong-buy” rating and set a $32.00 target price (down previously from $33.00) on shares of Natural Gas Services Group in a research report on Wednesday, March 19th.

Natural Gas Services Group Stock Down 3.6%

Shares of NGS opened at $24.59 on Tuesday. The firm has a market capitalization of $308.11 million, a P/E ratio of 18.21 and a beta of 0.66. The company has a 50-day simple moving average of $24.15 and a 200-day simple moving average of $24.03. Natural Gas Services Group, Inc. has a 52 week low of $16.70 and a 52 week high of $29.74. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.33 and a current ratio of 2.10.

Natural Gas Services Group (NYSE:NGS) last posted its earnings results on Monday, May 12th. The oil and gas company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.11. The business had revenue of $41.38 million for the quarter, compared to analysts’ expectations of $40.52 million. Natural Gas Services Group had a net margin of 10.53% and a return on equity of 6.99%. On average, equities research analysts expect that Natural Gas Services Group, Inc. will post 1.42 earnings per share for the current year.

Natural Gas Services Group Company Profile

Natural Gas Services Group, Inc provides natural gas compression equipment and services to the energy industry in the United States. It engineers and fabricates, operates, rents, and maintains natural gas compressors for oil and natural gas production and plant facilities. It also designs, fabricates, and assembles compressor units for rental or sale; and designs, manufactures, and sells a line of reciprocating natural gas compressor frames, cylinders, and parts.