M.E. Allison & CO. Inc. cut its stake in NextDecade Co. (NASDAQ:NEXT - Free Report) by 32.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 77,450 shares of the company's stock after selling 38,000 shares during the period. M.E. Allison & CO. Inc.'s holdings in NextDecade were worth $603,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently made changes to their positions in NEXT. Wolf Hill Capital Management LP lifted its position 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 purchasing an additional 6,248,757 shares in the last quarter. Millennium Management LLC increased its stake in 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 buying an additional 923,898 shares during the period. Moore Capital Management LP purchased a new stake in NextDecade during the 4th quarter worth approximately $2,815,000. Westwood Holdings Group Inc. lifted its holdings in NextDecade by 47.3% during the 4th 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 boosted its position in NextDecade by 3.9% in the 4th quarter. Bardin Hill Management Partners LP now owns 8,917,873 shares of the company's stock valued at $68,757,000 after buying an additional 334,012 shares during the period. Institutional investors and hedge funds own 66.74% of the company's stock.
NextDecade Stock Down 0.2%
Shares of NextDecade stock traded down $0.02 during trading hours on Monday, reaching $8.30. 1,790,467 shares of the company were exchanged, compared to its average volume of 1,851,412. The firm has a market cap of $2.17 billion, a PE ratio of -7.41 and a beta of 1.10. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.49 and a current ratio of 0.49. NextDecade Co. has a 1 year low of $4.27 and a 1 year high of $9.71. The stock's fifty day moving average is $7.65 and its 200 day moving average is $7.69.
About NextDecade
(
Free Report)
NextDecade Corp. is a development company.
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