D. E. Shaw & Co. Inc. purchased a new stake in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 48,177 shares of the company's stock, valued at approximately $371,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Steward Partners Investment Advisory LLC lifted its position in NextDecade by 350.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company's stock valued at $35,000 after buying an additional 3,485 shares during the last quarter. Mainstream Capital Management LLC acquired a new position in NextDecade in the fourth quarter valued at about $56,000. Tower Research Capital LLC TRC lifted its position in NextDecade by 201.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,797 shares of the company's stock valued at $60,000 after buying an additional 5,212 shares during the last quarter. Briaud Financial Planning Inc lifted its position in NextDecade by 29.2% in the fourth quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company's stock valued at $71,000 after buying an additional 2,109 shares during the last quarter. Finally, Brevan Howard Capital Management LP acquired a new position in NextDecade in the fourth quarter valued at about $82,000. Institutional investors and hedge funds own 66.74% of the company's stock.
NextDecade Trading Up 7.3%
NASDAQ NEXT traded up $0.56 during trading hours on Friday, reaching $8.23. The company had a trading volume of 4,045,122 shares, compared to its average volume of 1,857,154. The stock has a 50-day moving average of $7.48 and a 200 day moving average of $7.62. NextDecade Co. has a 1-year low of $4.27 and a 1-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. The stock has a market capitalization of $2.15 billion, a P/E ratio of -7.35 and a beta of 1.05.
NextDecade (NASDAQ:NEXT - Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The company reported ($1.86) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.19) by ($1.67). As a group, research analysts anticipate that NextDecade Co. will post -0.61 earnings per share for the current fiscal year.
NextDecade Company Profile
(
Free Report)
NextDecade Corp. is a development company.
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