Inspire Advisors LLC Purchases New Shares in Natural Gas Services Group, Inc. (NYSE:NGS)

Inspire Advisors LLC purchased a new stake in Natural Gas Services Group, Inc. (NYSE:NGS) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,834 shares of the oil and gas company’s stock, valued at approximately $424,000. Inspire Advisors LLC owned approximately 0.13% of Natural Gas Services Group as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of NGS. MetLife Investment Management LLC grew its stake in shares of Natural Gas Services Group by 129.1% in the third quarter. MetLife Investment Management LLC now owns 6,325 shares of the oil and gas company’s stock valued at $121,000 after acquiring an additional 3,564 shares in the last quarter. SG Americas Securities LLC bought a new stake in Natural Gas Services Group during the fourth quarter worth about $128,000. BNP Paribas Financial Markets lifted its position in Natural Gas Services Group by 54.7% during the third quarter. BNP Paribas Financial Markets now owns 8,647 shares of the oil and gas company’s stock worth $165,000 after purchasing an additional 3,056 shares during the period. Net Worth Advisory Group bought a new stake in Natural Gas Services Group during the fourth quarter worth about $213,000. Finally, Proficio Capital Partners LLC bought a new stake in Natural Gas Services Group during the fourth quarter worth about $214,000. 65.62% of the stock is currently owned by institutional investors and hedge funds.

Natural Gas Services Group Trading Up 4.3 %

NGS opened at $22.72 on Thursday. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $283.77 million, a price-to-earnings ratio of 17.75 and a beta of 1.13. Natural Gas Services Group, Inc. has a twelve month low of $16.70 and a twelve month high of $29.74. The company has a 50-day simple moving average of $26.32 and a 200 day simple moving average of $23.89.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In other Natural Gas Services Group news, Director Stephen Charles Taylor sold 19,400 shares of the business’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $28.80, for a total transaction of $558,720.00. Following the completion of the transaction, the director now owns 438,387 shares of the company’s stock, valued at approximately $12,625,545.60. The trade was a 4.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 7.25% of the company’s stock.

Natural Gas Services Group 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.