Universal Beteiligungs und Servicegesellschaft mbH Takes $512,000 Position in Kodiak Gas Services, Inc. $KGS

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Kodiak Gas Services, Inc. (NYSE:KGS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,677 shares of the company’s stock, valued at approximately $512,000.

Several other large investors also recently modified their holdings of KGS. Royal Bank of Canada raised its position in shares of Kodiak Gas Services by 67.5% in the first quarter. Royal Bank of Canada now owns 10,235 shares of the company’s stock valued at $382,000 after purchasing an additional 4,126 shares during the period. AQR Capital Management LLC raised its position in shares of Kodiak Gas Services by 64.9% in the first quarter. AQR Capital Management LLC now owns 21,261 shares of the company’s stock valued at $793,000 after purchasing an additional 8,369 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Kodiak Gas Services by 44.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,814 shares of the company’s stock valued at $1,000,000 after purchasing an additional 8,297 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Kodiak Gas Services by 58.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,983,360 shares of the company’s stock valued at $73,979,000 after purchasing an additional 730,180 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Kodiak Gas Services by 102.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 95,108 shares of the company’s stock valued at $3,548,000 after purchasing an additional 48,122 shares during the period. 24.95% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on KGS shares. Royal Bank Of Canada increased their price objective on shares of Kodiak Gas Services from $45.00 to $64.00 and gave the company an “outperform” rating in a research report on Thursday, March 19th. Mizuho increased their price objective on shares of Kodiak Gas Services from $36.00 to $44.00 and gave the company an “outperform” rating in a research report on Tuesday, January 20th. Citigroup increased their price objective on shares of Kodiak Gas Services from $53.00 to $63.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Barclays increased their price objective on shares of Kodiak Gas Services from $49.00 to $60.00 and gave the company an “overweight” rating in a research report on Thursday, March 5th. Finally, The Goldman Sachs Group increased their price objective on shares of Kodiak Gas Services from $60.00 to $69.00 and gave the company a “buy” rating in a research report on Monday, April 20th. Seven investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $55.86.

Insider Transactions at Kodiak Gas Services

In other Kodiak Gas Services news, insider Pedro R. Buhigas sold 13,942 shares of the firm’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $55.73, for a total value of $776,987.66. Following the transaction, the insider directly owned 42,723 shares of the company’s stock, valued at $2,380,952.79. This trade represents a 24.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Alexander Newsom Darden bought 5,000 shares of the firm’s stock in a transaction on Friday, March 13th. The stock was purchased at an average cost of $54.75 per share, for a total transaction of $273,750.00. Following the completion of the acquisition, the director owned 5,000 shares in the company, valued at approximately $273,750. This trade represents a ? increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders purchased 11,433 shares of company stock worth $624,360 and sold 58,673 shares worth $3,269,110. 0.64% of the stock is owned by corporate insiders.

Kodiak Gas Services Price Performance

KGS stock opened at $67.99 on Tuesday. The company has a quick ratio of 0.57, a current ratio of 0.84 and a debt-to-equity ratio of 2.12. Kodiak Gas Services, Inc. has a 12 month low of $30.06 and a 12 month high of $69.25. The firm has a market cap of $5.84 billion, a P/E ratio of 78.15, a P/E/G ratio of 0.97 and a beta of 1.01. The company’s 50-day moving average price is $58.78 and its two-hundred day moving average price is $45.40.

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

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.