M.E. Allison & CO. Inc. trimmed its position in NextDecade Corporation (NASDAQ:NEXT - Free Report) by 32.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,450 shares of the company's stock after selling 38,000 shares during the quarter. M.E. Allison & CO. Inc.'s holdings in NextDecade were worth $603,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Wolf Hill Capital Management LP boosted 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 purchasing an additional 6,248,757 shares during the last quarter. Millennium Management LLC raised its stake in shares of NextDecade by 262.2% during the 4th quarter. Millennium Management LLC now owns 1,276,202 shares of the company's stock worth $9,840,000 after purchasing an additional 923,898 shares in the last quarter. Moore Capital Management LP acquired a new stake in shares of NextDecade during the 4th quarter valued at about $2,815,000. Westwood Holdings Group Inc. grew its stake in shares of NextDecade by 47.3% in the 4th quarter. Westwood Holdings Group Inc. now owns 1,075,532 shares of the company's stock valued at $8,292,000 after buying an additional 345,489 shares in the last quarter. Finally, Bardin Hill Management Partners LP increased its holdings in NextDecade by 3.9% in 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 during the last quarter. 66.74% of the stock is owned by hedge funds and other institutional investors.
NextDecade Stock Up 0.8%
NASDAQ NEXT traded up $0.07 during trading on Thursday, hitting $8.46. 1,243,129 shares of the company traded hands, compared to its average volume of 1,857,666. The business has a fifty day simple moving average of $7.75 and a 200 day simple moving average of $7.71. NextDecade Corporation has a 12 month low of $4.27 and a 12 month high of $9.71. 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 P/E ratio of -12.44 and a beta of 1.10.
About NextDecade
(
Free Report)
NextDecade Corp. is a development company.
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