Algert Global LLC cut its stake in NextDecade Co. (NASDAQ:NEXT - Free Report) by 17.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 319,107 shares of the company's stock after selling 67,035 shares during the quarter. Algert Global LLC owned about 0.12% of NextDecade worth $2,460,000 at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. Steward Partners Investment Advisory LLC boosted its holdings in NextDecade by 350.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company's stock worth $35,000 after buying an additional 3,485 shares during the period. Mainstream Capital Management LLC bought a new position in shares of NextDecade in the fourth quarter worth about $56,000. Tower Research Capital LLC TRC grew its position in shares of NextDecade by 201.6% during the fourth quarter. Tower Research Capital LLC TRC now owns 7,797 shares of the company's stock worth $60,000 after purchasing an additional 5,212 shares in the last quarter. Briaud Financial Planning Inc lifted its holdings in NextDecade by 29.2% in the 4th quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company's stock worth $71,000 after purchasing an additional 2,109 shares in the last quarter. Finally, Cibc World Markets Corp bought a new position in NextDecade in the 4th quarter worth approximately $83,000. Institutional investors own 66.74% of the company's stock.
NextDecade Price Performance
NASDAQ:NEXT traded up $0.08 during trading hours on Monday, reaching $7.75. The stock had a trading volume of 1,405,752 shares, compared to its average volume of 1,861,833. The company has a 50 day moving average price of $7.53 and a two-hundred day moving average price of $7.48. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.49 and a current ratio of 0.49. The stock has a market capitalization of $2.02 billion, a PE ratio of -6.92 and a beta of 1.05. NextDecade Co. has a 52 week low of $4.27 and a 52 week high of $9.71.
NextDecade (NASDAQ:NEXT - Get Free Report) last released its earnings results on Thursday, February 27th. The company reported ($1.86) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($1.67). As a group, sell-side analysts anticipate that NextDecade Co. will post -0.61 earnings per share for the current fiscal year.
About NextDecade
(
Free Report)
NextDecade Corp. is a development company.
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