Bardin Hill Management Partners LP grew its stake in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) by 3.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,917,873 shares of the company's stock after acquiring an additional 334,012 shares during the period. NextDecade comprises 32.7% of Bardin Hill Management Partners LP's investment portfolio, making the stock its biggest position. Bardin Hill Management Partners LP owned approximately 3.43% of NextDecade worth $68,757,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently modified their holdings of the stock. Steward Partners Investment Advisory LLC grew its holdings in NextDecade by 350.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company's stock valued at $35,000 after purchasing an additional 3,485 shares during the period. Mainstream Capital Management LLC bought a new position in shares of NextDecade during the 4th quarter worth $56,000. Tower Research Capital LLC TRC increased its holdings in NextDecade by 201.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 7,797 shares of the company's stock worth $60,000 after acquiring an additional 5,212 shares during the last quarter. Briaud Financial Planning Inc lifted its holdings in NextDecade by 29.2% during the fourth quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company's stock valued at $71,000 after purchasing an additional 2,109 shares during the last quarter. Finally, Cibc World Markets Corp bought a new position in NextDecade during the fourth quarter worth about $83,000. Hedge funds and other institutional investors own 66.74% of the company's stock.
NextDecade Stock Performance
Shares of NASDAQ NEXT traded down $0.07 during midday trading on Tuesday, hitting $7.33. The company's stock had a trading volume of 1,716,025 shares, compared to its average volume of 1,869,750. The stock has a fifty day moving average price of $7.54 and a 200 day moving average price of $7.43. The firm has a market capitalization of $1.91 billion, a price-to-earnings ratio of -6.54 and a beta of 1.05. NextDecade Co. has a one year low of $4.27 and a one year high of $9.71. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 3.17.
NextDecade (NASDAQ:NEXT - Get Free Report) last posted 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). On average, research analysts forecast that NextDecade Co. will post -0.61 EPS for the current fiscal year.
NextDecade Company Profile
(
Free Report)
NextDecade Corp. is a development company.
Featured Articles
Before you consider NextDecade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NextDecade wasn't on the list.
While NextDecade currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
