Deutsche Bank AG raised its holdings in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) by 56.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 101,838 shares of the company's stock after acquiring an additional 36,802 shares during the period. Deutsche Bank AG's holdings in NextDecade were worth $785,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC grew its stake in shares of NextDecade by 350.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company's stock worth $35,000 after purchasing an additional 3,485 shares during the period. Mainstream Capital Management LLC bought a new position in NextDecade during the 4th quarter worth approximately $56,000. Tower Research Capital LLC TRC grew its holdings in NextDecade by 201.6% during the fourth quarter. Tower Research Capital LLC TRC now owns 7,797 shares of the company's stock valued at $60,000 after purchasing an additional 5,212 shares during the period. Briaud Financial Planning Inc increased its stake 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 purchasing an additional 2,109 shares in the last quarter. Finally, Brevan Howard Capital Management LP acquired a new stake in NextDecade in the fourth quarter worth $82,000. Institutional investors own 66.74% of the company's stock.
NextDecade Trading Up 7.3%
Shares of NEXT stock traded up $0.56 on Friday, hitting $8.23. The stock had a trading volume of 4,045,122 shares, compared to its average volume of 1,857,154. 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 Co. has a twelve month low of $4.27 and a twelve month high of $9.71. The company has a fifty day moving average price of $7.48 and a two-hundred day moving average price of $7.62. The firm has a market cap of $2.15 billion, a P/E ratio of -7.35 and a beta of 1.05.
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 analysts' consensus estimates of ($0.19) by ($1.67). As a group, analysts forecast that NextDecade Co. will post -0.61 earnings per share for the current fiscal year.
About NextDecade
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Free Report)
NextDecade Corp. is a development company.
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