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

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

Other institutional investors have also modified their holdings of the company. Steward Partners Investment Advisory LLC grew its position in shares of NextDecade by 350.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company's stock valued at $35,000 after purchasing an additional 3,485 shares during the period. Mainstream Capital Management LLC purchased a new position in NextDecade during the fourth quarter worth about $56,000. Tower Research Capital LLC TRC raised its stake in NextDecade by 201.6% during the fourth 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 period. Briaud Financial Planning Inc raised 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 worth $71,000 after purchasing an additional 2,109 shares during the period. Finally, Quantinno Capital Management LP purchased a new position in NextDecade during the fourth quarter worth about $79,000. Institutional investors and hedge funds own 66.74% of the company's stock.

NextDecade Trading Up 0.8%

Shares of NextDecade stock traded up $0.07 on Wednesday, reaching $8.44. The company had a trading volume of 1,932,289 shares, compared to its average volume of 1,856,435. NextDecade Co. has a 52-week low of $4.27 and a 52-week high of $9.71. The firm's 50 day moving average price is $7.57 and its two-hundred day moving average price is $7.67. The firm has a market cap of $2.20 billion, a PE ratio of -7.54 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 Profile

NextDecade Corp. is a development company.