Empowered Funds LLC Purchases 4,497 Shares of Natural Gas Services Group, Inc. (NYSE:NGS)

Empowered Funds LLC grew its position in shares of Natural Gas Services Group, Inc. (NYSE:NGS) by 5.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,354 shares of the oil and gas company’s stock after acquiring an additional 4,497 shares during the quarter. Empowered Funds LLC’s holdings in Natural Gas Services Group were worth $2,502,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of NGS. Inspire Investing LLC bought a new stake in shares of Natural Gas Services Group during the fourth quarter valued at approximately $890,000. State Street Corp increased its holdings in shares of Natural Gas Services Group by 19.1% during the third quarter. State Street Corp now owns 162,646 shares of the oil and gas company’s stock valued at $3,108,000 after acquiring an additional 26,069 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Natural Gas Services Group by 76.5% during the third quarter. JPMorgan Chase & Co. now owns 34,548 shares of the oil and gas company’s stock valued at $660,000 after acquiring an additional 14,974 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Natural Gas Services Group during the third quarter valued at approximately $261,000. Finally, Calamos Advisors LLC purchased a new position in shares of Natural Gas Services Group during the fourth quarter valued at approximately $279,000. Institutional investors own 65.62% of the company’s stock.

Insiders Place Their Bets

In other news, Director Stephen Charles Taylor sold 1,521 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $26.00, for a total transaction of $39,546.00. Following the transaction, the director now owns 516,866 shares of the company’s stock, valued at $13,438,516. This represents a 0.29 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last quarter, insiders have sold 44,963 shares of company stock valued at $1,254,671. Insiders own 7.25% of the company’s stock.

Natural Gas Services Group Stock Up 1.4 %

Shares of NYSE:NGS opened at $27.36 on Friday. The business’s 50 day moving average is $26.66 and its 200 day moving average is $23.18. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.65. Natural Gas Services Group, Inc. has a 12-month low of $14.38 and a 12-month high of $29.74. The stock has a market cap of $341.66 million, a price-to-earnings ratio of 21.37 and a beta of 1.12.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Wednesday, November 20th.

About Natural Gas Services Group

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.