Janus Henderson Group PLC boosted its stake in NextDecade Co. (NASDAQ:NEXT - Free Report) by 177.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,964 shares of the company's stock after buying an additional 40,900 shares during the quarter. Janus Henderson Group PLC's holdings in NextDecade were worth $493,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the company. Briaud Financial Planning Inc lifted its stake in NextDecade by 29.2% during the fourth quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company's stock worth $71,000 after purchasing an additional 2,109 shares in the last quarter. Mariner LLC lifted its stake in NextDecade by 19.6% during the 4th quarter. Mariner LLC now owns 15,836 shares of the company's stock worth $122,000 after acquiring an additional 2,592 shares in the last quarter. Rhumbline Advisers lifted its stake in NextDecade by 1.9% during the 4th quarter. Rhumbline Advisers now owns 147,900 shares of the company's stock worth $1,140,000 after acquiring an additional 2,722 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in NextDecade by 0.9% during the 4th quarter. Bank of New York Mellon Corp now owns 325,367 shares of the company's stock valued at $2,509,000 after acquiring an additional 2,833 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in NextDecade by 7.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 45,594 shares of the company's stock valued at $352,000 after acquiring an additional 3,082 shares during the period. 66.74% of the stock is owned by institutional investors and hedge funds.
NextDecade Trading Down 0.1%
NASDAQ NEXT traded down $0.01 during trading on Thursday, hitting $7.67. The stock had a trading volume of 2,076,393 shares, compared to its average volume of 1,851,883. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 3.17. The company has a market capitalization of $2.00 billion, a PE ratio of -6.85 and a beta of 1.05. The firm has a 50 day moving average price of $7.50 and a 200 day moving average price of $7.61. NextDecade Co. has a twelve month low of $4.27 and a twelve month high of $9.71.
NextDecade (NASDAQ:NEXT - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The company reported ($1.86) earnings per share for the quarter, missing analysts' consensus estimates of ($0.19) by ($1.67). As a group, equities research analysts forecast that NextDecade Co. will post -0.61 earnings per share for the current year.
NextDecade Profile
(
Free Report)
NextDecade Corp. is a development company.
See Also
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
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
