Wellington Management Group LLP Acquires 67,571 Shares of NextDecade Co. (NASDAQ:NEXT)

Wellington Management Group LLP lifted its position in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) by 65.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 171,169 shares of the company's stock after purchasing an additional 67,571 shares during the period. Wellington Management Group LLP owned about 0.07% of NextDecade worth $1,320,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. 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 valued at $71,000 after purchasing an additional 2,109 shares during the period. Mariner LLC increased its position in NextDecade by 19.6% during the 4th quarter. Mariner LLC now owns 15,836 shares of the company's stock valued at $122,000 after purchasing an additional 2,592 shares during the period. Rhumbline Advisers increased its position in NextDecade by 1.9% during the 4th quarter. Rhumbline Advisers now owns 147,900 shares of the company's stock valued at $1,140,000 after purchasing an additional 2,722 shares during the period. Bank of New York Mellon Corp increased its position in NextDecade by 0.9% during the 4th quarter. Bank of New York Mellon Corp now owns 325,367 shares of the company's stock valued at $2,509,000 after purchasing an additional 2,833 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in NextDecade by 7.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 45,594 shares of the company's stock valued at $352,000 after purchasing an additional 3,082 shares during the period. 66.74% of the stock is currently owned by institutional investors.

NextDecade Trading Up 2.2%

NASDAQ:NEXT traded up $0.18 on Friday, reaching $8.31. 1,328,054 shares of the stock traded hands, compared to its average volume of 1,849,089. The firm has a market capitalization of $2.17 billion, a price-to-earnings ratio of -7.42 and a beta of 1.05. The company's 50 day moving average is $7.48 and its 200-day moving average is $7.65. 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 Co. has a 1-year low of $4.27 and a 1-year high of $9.71.

NextDecade Profile

NextDecade Corp. is a development company.