Northern Trust Corp lifted its stake in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) by 5.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,077,687 shares of the company's stock after acquiring an additional 56,895 shares during the quarter. Northern Trust Corp owned about 0.41% of NextDecade worth $8,309,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wolf Hill Capital Management LP boosted its stake 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 buying an additional 6,248,757 shares in the last quarter. Cannell & Spears LLC acquired a new position in shares of NextDecade in the 4th quarter worth approximately $1,316,000. Webs Creek Capital Management LP raised its holdings in shares of NextDecade by 137.5% in the 4th quarter. Webs Creek Capital Management LP now owns 285,000 shares of the company's stock worth $2,197,000 after purchasing an additional 165,000 shares in the last quarter. Barclays PLC lifted its stake in NextDecade by 38.8% during the fourth quarter. Barclays PLC now owns 533,995 shares of the company's stock valued at $4,117,000 after purchasing an additional 149,159 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in NextDecade by 502.5% during the fourth quarter. Invesco Ltd. now owns 169,425 shares of the company's stock worth $1,306,000 after buying an additional 141,305 shares in the last quarter. Institutional investors own 66.74% of the company's stock.
NextDecade Price Performance
Shares of NASDAQ NEXT traded up $0.10 during trading on Friday, hitting $7.53. The company had a trading volume of 1,694,846 shares, compared to its average volume of 1,866,226. NextDecade Co. has a 52 week low of $4.27 and a 52 week high of $9.71. The business's 50-day moving average is $7.62 and its 200 day moving average is $7.60. The company has a market cap of $1.96 billion, a P/E ratio of -6.72 and a beta of 1.05. 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 (NASDAQ:NEXT - Get Free Report) last released its quarterly earnings results 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). Equities research analysts predict that NextDecade Co. will post -0.61 earnings per share for the current fiscal year.
NextDecade Profile
(
Free Report)
NextDecade Corp. is a development company.
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