Millennium Management LLC increased its stake in NextDecade Co. (NASDAQ:NEXT - Free Report) by 262.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,276,202 shares of the company's stock after purchasing an additional 923,898 shares during the quarter. Millennium Management LLC owned about 0.49% of NextDecade worth $9,840,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. Steward Partners Investment Advisory LLC lifted its holdings in NextDecade by 350.6% in 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 acquired a new position in shares of NextDecade in the 4th quarter worth approximately $56,000. Tower Research Capital LLC TRC grew its stake in shares of NextDecade by 201.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 7,797 shares of the company's stock worth $60,000 after purchasing an additional 5,212 shares during the last quarter. 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 valued at $71,000 after purchasing an additional 2,109 shares during the last quarter. Finally, Brevan Howard Capital Management LP acquired a new stake in NextDecade during the fourth quarter valued at approximately $82,000. Institutional investors and hedge funds own 66.74% of the company's stock.
NextDecade Price Performance
NEXT stock traded up $0.07 on Thursday, hitting $7.75. 902,395 shares of the company's stock traded hands, compared to its average volume of 1,853,297. NextDecade Co. has a 1-year low of $4.27 and a 1-year high of $9.71. The stock has a market cap of $2.02 billion, a price-to-earnings ratio of -6.92 and a beta of 1.05. The stock has a fifty day moving average of $7.54 and a 200-day moving average of $7.61. 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 (NASDAQ:NEXT - Get Free Report) last released its earnings results on Thursday, February 27th. The company reported ($1.86) EPS for the quarter, missing the consensus estimate of ($0.19) by ($1.67). On average, analysts forecast that NextDecade Co. will post -0.61 EPS for the current fiscal year.
About NextDecade
(
Free Report)
NextDecade Corp. is a development company.
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