Natural Gas Services Group, Inc. (NYSE:NGS) Shares Bought by First Eagle Investment Management LLC

First Eagle Investment Management LLC increased its stake in Natural Gas Services Group, Inc. (NYSE:NGS) by 119.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 229,294 shares of the oil and gas company’s stock after purchasing an additional 124,978 shares during the quarter. First Eagle Investment Management LLC’s holdings in Natural Gas Services Group were worth $6,145,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. GSA Capital Partners LLP grew its stake in shares of Natural Gas Services Group by 3.2% in the third quarter. GSA Capital Partners LLP now owns 18,070 shares of the oil and gas company’s stock valued at $345,000 after buying an additional 557 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Natural Gas Services Group by 4.7% in the fourth quarter. Bank of New York Mellon Corp now owns 32,102 shares of the oil and gas company’s stock valued at $860,000 after purchasing an additional 1,433 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Natural Gas Services Group by 5.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 31,148 shares of the oil and gas company’s stock valued at $595,000 after purchasing an additional 1,485 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in Natural Gas Services Group by 54.7% in the third quarter. BNP Paribas Financial Markets now owns 8,647 shares of the oil and gas company’s stock valued at $165,000 after purchasing an additional 3,056 shares during the last quarter. Finally, MetLife Investment Management LLC boosted its holdings in 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 purchasing an additional 3,564 shares during the last quarter. Institutional investors and hedge funds own 65.62% of the company’s stock.

Natural Gas Services Group Stock Up 1.7 %

NGS opened at $22.57 on Friday. Natural Gas Services Group, Inc. has a 12 month low of $16.70 and a 12 month high of $29.74. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.76 and a quick ratio of 1.16. The stock has a market cap of $281.90 million, a P/E ratio of 17.63 and a beta of 1.13. The stock’s 50 day moving average price is $26.02 and its 200 day moving average price is $23.89.

Insider Activity

In related 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 transaction, the director now directly owns 438,387 shares in the company, valued at $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 SEC, which is available at this link. 7.25% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

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

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.