Westwood Holdings Group Inc. Raises Position in NextDecade Co. (NASDAQ:NEXT)

Westwood Holdings Group Inc. lifted its position in NextDecade Co. (NASDAQ:NEXT - Free Report) by 47.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,075,532 shares of the company's stock after acquiring an additional 345,489 shares during the period. Westwood Holdings Group Inc. owned 0.41% of NextDecade worth $8,292,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC grew 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 during the period. Mainstream Capital Management LLC acquired a new stake in NextDecade during the 4th quarter worth about $56,000. Tower Research Capital LLC TRC grew 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 during the period. Briaud Financial Planning Inc boosted its stake in shares of 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 acquiring an additional 2,109 shares in the last quarter. Finally, Quantinno Capital Management LP purchased a new stake in shares of NextDecade during the 4th quarter worth about $79,000. 66.74% of the stock is owned by institutional investors and hedge funds.

NextDecade Price Performance

Shares of NEXT stock traded up $0.10 during mid-day trading on Friday, hitting $7.53. 1,694,846 shares of the stock were exchanged, compared to its average volume of 1,863,390. The firm has a fifty day moving average of $7.62 and a 200 day moving average of $7.59. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 3.17. NextDecade Co. has a 52-week low of $4.27 and a 52-week high of $9.71. The company has a market cap of $1.96 billion, a PE ratio of -6.72 and a beta of 1.05.

NextDecade (NASDAQ:NEXT - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported ($1.86) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($1.67). Research analysts anticipate that NextDecade Co. will post -0.61 earnings per share for the current year.

About NextDecade

NextDecade Corp. is a development company.