Harbor Capital Advisors Inc. lessened its holdings in NextDecade Corporation (NASDAQ:NEXT - Free Report) by 71.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 56,695 shares of the company's stock after selling 141,358 shares during the period. Harbor Capital Advisors Inc.'s holdings in NextDecade were worth $441,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in the business. Wolf Hill Capital Management LP increased its holdings in shares of NextDecade by 330.1% during the fourth quarter. Wolf Hill Capital Management LP now owns 8,142,024 shares of the company's stock worth $62,775,000 after buying an additional 6,248,757 shares in the last quarter. Millennium Management LLC increased its holdings in shares of NextDecade by 262.2% during the fourth quarter. Millennium Management LLC now owns 1,276,202 shares of the company's stock worth $9,840,000 after buying an additional 923,898 shares in the last quarter. Moore Capital Management LP acquired a new stake in shares of NextDecade during the fourth quarter worth approximately $2,815,000. Westwood Holdings Group Inc. increased its holdings in shares of NextDecade by 47.3% during the fourth quarter. Westwood Holdings Group Inc. now owns 1,075,532 shares of the company's stock worth $8,292,000 after buying an additional 345,489 shares in the last quarter. Finally, Bardin Hill Management Partners LP increased its holdings in shares of NextDecade by 3.9% during the fourth quarter. Bardin Hill Management Partners LP now owns 8,917,873 shares of the company's stock worth $68,757,000 after buying an additional 334,012 shares in the last quarter. Institutional investors and hedge funds own 66.74% of the company's stock.
NextDecade Price Performance
Shares of NextDecade stock traded up $0.07 during midday trading on Wednesday, reaching $8.46. The company had a trading volume of 1,243,129 shares, compared to its average volume of 1,857,666. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 2.64. The company has a market capitalization of $2.21 billion, a price-to-earnings ratio of -12.44 and a beta of 1.10. The stock has a fifty day simple moving average of $7.75 and a 200 day simple moving average of $7.71. NextDecade Corporation has a 1-year low of $4.27 and a 1-year high of $9.71.
NextDecade Profile
(
Free Report)
NextDecade Corp. is a development company.
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