Universal Beteiligungs und Servicegesellschaft mbH Acquires New Holdings in Kodiak Gas Services, Inc. $KGS

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Kodiak Gas Services, Inc. (NYSE:KGS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 13,677 shares of the company’s stock, valued at approximately $512,000.

Other institutional investors have also recently bought and sold shares of the company. United Advisor Group LLC boosted its holdings in shares of Kodiak Gas Services by 2.0% in the fourth quarter. United Advisor Group LLC now owns 15,817 shares of the company’s stock valued at $592,000 after buying an additional 304 shares during the period. Nisa Investment Advisors LLC boosted its holdings in shares of Kodiak Gas Services by 52.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,062 shares of the company’s stock valued at $40,000 after buying an additional 364 shares during the period. Captrust Financial Advisors boosted its holdings in shares of Kodiak Gas Services by 2.7% in the second quarter. Captrust Financial Advisors now owns 16,925 shares of the company’s stock valued at $580,000 after buying an additional 448 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Kodiak Gas Services by 80.3% in the fourth quarter. GAMMA Investing LLC now owns 1,248 shares of the company’s stock valued at $47,000 after buying an additional 556 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Kodiak Gas Services by 80.4% in the third quarter. PNC Financial Services Group Inc. now owns 1,449 shares of the company’s stock valued at $54,000 after buying an additional 646 shares during the period. Institutional investors and hedge funds own 24.95% of the company’s stock.

Kodiak Gas Services Stock Performance

Shares of KGS stock opened at $67.99 on Tuesday. The company’s fifty day simple moving average is $58.78 and its 200-day simple moving average is $45.40. The company has a quick ratio of 0.57, a current ratio of 0.84 and a debt-to-equity ratio of 2.12. The firm has a market cap of $5.84 billion, a PE ratio of 78.15, a P/E/G ratio of 0.97 and a beta of 1.01. Kodiak Gas Services, Inc. has a 12 month low of $30.06 and a 12 month high of $69.25.

Kodiak Gas Services (NYSE:KGS) last posted its quarterly earnings results on Wednesday, February 25th. The company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.13). Kodiak Gas Services had a return on equity of 11.55% and a net margin of 6.16%.The firm had revenue of $332.87 million for the quarter, compared to the consensus estimate of $330.95 million. During the same period last year, the company posted $0.21 earnings per share. The business’s revenue was up 7.6% compared to the same quarter last year. Equities research analysts expect that Kodiak Gas Services, Inc. will post 2.34 EPS for the current fiscal year.

Insider Activity

In other Kodiak Gas Services news, CAO Ewan William Hamilton sold 5,797 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $56.18, for a total transaction of $325,675.46. Following the sale, the chief accounting officer directly owned 34,346 shares of the company’s stock, valued at approximately $1,929,558.28. This represents a 14.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Randall J. Hogan purchased 6,000 shares of the company’s stock in a transaction on Friday, March 13th. The shares were purchased at an average cost of $54.81 per share, for a total transaction of $328,860.00. Following the completion of the transaction, the director directly owned 28,406 shares of the company’s stock, valued at approximately $1,556,932.86. This represents a 26.78% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders purchased 11,433 shares of company stock valued at $624,360 and sold 58,673 shares valued at $3,269,110. 0.64% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Kodiak Gas Services from a “sell” rating to a “hold” rating in a report on Saturday, February 21st. Royal Bank Of Canada upped their price target on shares of Kodiak Gas Services from $45.00 to $64.00 and gave the company an “outperform” rating in a report on Thursday, March 19th. Mizuho upped their price target on shares of Kodiak Gas Services from $36.00 to $44.00 and gave the company an “outperform” rating in a report on Tuesday, January 20th. Citigroup upped their price target on shares of Kodiak Gas Services from $53.00 to $63.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Finally, Barclays upped their price target on shares of Kodiak Gas Services from $49.00 to $60.00 and gave the company an “overweight” rating in a report on Thursday, March 5th. Seven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Kodiak Gas Services has a consensus rating of “Moderate Buy” and an average price target of $55.86.

Kodiak Gas Services Company Profile

Kodiak Gas Services, Inc operates contract compression infrastructure for customers in the oil and gas industry in the United States. It operates in two segments, Compression Operations and Other Services. The Compression Operations segment operates company-owned and customer-owned compression infrastructure to enable the production, gathering, and transportation of natural gas and oil. The Other Services segment provides a range of contract services, including station construction, maintenance and overhaul, and other ancillary time and material-based offerings.