UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Stake in NextDecade Co. (NASDAQ:NEXT)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in NextDecade Co. (NASDAQ:NEXT - Free Report) by 68.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 243,366 shares of the company's stock after acquiring an additional 98,588 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.09% of NextDecade worth $1,876,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of NEXT. Bardin Hill Management Partners LP lifted its holdings in shares of 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 acquiring an additional 334,012 shares during the last quarter. Wolf Hill Capital Management LP boosted its position in shares of NextDecade by 330.1% during the 4th 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 in the last quarter. Catalyst Capital Advisors LLC increased its stake in shares of NextDecade by 3.4% in the 4th quarter. Catalyst Capital Advisors LLC now owns 3,750,486 shares of the company's stock valued at $28,916,000 after acquiring an additional 123,070 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of NextDecade by 1.6% during the fourth quarter. Geode Capital Management LLC now owns 3,075,331 shares of the company's stock valued at $23,717,000 after purchasing an additional 48,401 shares during the period. Finally, Millennium Management LLC boosted its holdings in NextDecade by 262.2% in the fourth quarter. Millennium Management LLC now owns 1,276,202 shares of the company's stock worth $9,840,000 after acquiring an additional 923,898 shares in the last quarter. 66.74% of the stock is currently owned by institutional investors.

NextDecade Stock Down 0.2%

NEXT stock traded down $0.02 during midday trading on Monday, reaching $8.29. 2,263,041 shares of the company's stock traded hands, compared to its average volume of 1,852,618. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 3.17. The firm's fifty day moving average price is $7.48 and its 200-day moving average price is $7.65. The company has a market cap of $2.16 billion, a price-to-earnings ratio of -7.40 and a beta of 1.10. NextDecade Co. has a 52 week low of $4.27 and a 52 week high of $9.71.

NextDecade Profile

NextDecade Corp. is a development company.