NextDecade Co. (NASDAQ:NEXT) Shares Bought by Northern Trust Corp

Northern Trust Corp increased its stake in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) by 5.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,077,687 shares of the company's stock after purchasing an additional 56,895 shares during the period. Northern Trust Corp owned 0.41% of NextDecade worth $8,309,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Steward Partners Investment Advisory LLC increased its position in NextDecade by 350.6% during the 4th 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 in the last quarter. Mainstream Capital Management LLC purchased a new stake in NextDecade during the 4th quarter worth about $56,000. Tower Research Capital LLC TRC increased its position in NextDecade by 201.6% during 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 in the last quarter. Briaud Financial Planning Inc increased its position in NextDecade by 29.2% during the 4th 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. Finally, Cibc World Markets Corp purchased a new stake in NextDecade during the 4th quarter worth about $83,000. 66.74% of the stock is currently owned by institutional investors and hedge funds.

NextDecade Trading Down 1.8%

NASDAQ NEXT traded down $0.13 during mid-day trading on Wednesday, reaching $7.25. 1,982,911 shares of the stock were exchanged, compared to its average volume of 1,862,713. NextDecade Co. has a 1-year low of $4.27 and a 1-year high of $9.71. The business's fifty day simple moving average is $7.63 and its 200 day simple moving average is $7.57. The stock has a market capitalization of $1.89 billion, a PE ratio of -6.47 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 announced its earnings results on Thursday, February 27th. The company reported ($1.86) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.19) by ($1.67). On average, research analysts anticipate that NextDecade Co. will post -0.61 earnings per share for the current fiscal year.

About NextDecade

NextDecade Corp. is a development company.