BNP Paribas Financial Markets Cuts Stake in NextDecade Co. (NASDAQ:NEXT)

BNP Paribas Financial Markets lessened its stake in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) by 70.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,516 shares of the company's stock after selling 42,158 shares during the period. BNP Paribas Financial Markets' holdings in NextDecade were worth $135,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Charles Schwab Investment Management Inc. raised its stake in shares of NextDecade by 3.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,101,775 shares of the company's stock worth $8,495,000 after acquiring an additional 36,959 shares in the last quarter. Catalyst Capital Advisors LLC boosted its holdings in shares of NextDecade by 3.4% in the 4th quarter. Catalyst Capital Advisors LLC now owns 3,750,486 shares of the company's stock valued at $28,916,000 after acquiring an additional 123,070 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in NextDecade during the 4th quarter worth about $537,000. Wolf Hill Capital Management LP raised its position in NextDecade by 330.1% during the fourth quarter. Wolf Hill Capital Management LP now owns 8,142,024 shares of the company's stock valued at $62,775,000 after acquiring an additional 6,248,757 shares in the last quarter. Finally, Barclays PLC lifted its stake in shares of NextDecade by 38.8% in the 4th quarter. Barclays PLC now owns 533,995 shares of the company's stock valued at $4,117,000 after purchasing an additional 149,159 shares during the period. Institutional investors own 66.74% of the company's stock.

NextDecade Price Performance

Shares of NASDAQ:NEXT traded up $0.32 during trading on Tuesday, reaching $8.23. 893,581 shares of the company's stock traded hands, compared to its average volume of 1,854,199. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 3.17. NextDecade Co. has a fifty-two week low of $4.27 and a fifty-two week high of $9.71. The company has a 50-day simple moving average of $7.46 and a 200-day simple moving average of $7.63. The firm has a market cap of $2.15 billion, a PE ratio of -7.35 and a beta of 1.05.

NextDecade Profile

NextDecade Corp. is a development company.