MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. reduced its stake in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) by 7.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,909,599 shares of the company's stock after selling 160,188 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.73% of NextDecade worth $14,723,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC lifted its stake in NextDecade by 350.6% during the fourth 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 last quarter. Mainstream Capital Management LLC purchased a new position in shares of NextDecade during the 4th quarter valued at about $56,000. Tower Research Capital LLC TRC lifted its position in NextDecade by 201.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 7,797 shares of the company's stock worth $60,000 after buying an additional 5,212 shares during the last quarter. Briaud Financial Planning Inc boosted its stake in NextDecade by 29.2% in the fourth quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company's stock worth $71,000 after buying an additional 2,109 shares in the last quarter. Finally, Brevan Howard Capital Management LP purchased a new stake in NextDecade in the fourth quarter worth approximately $82,000. 66.74% of the stock is currently owned by hedge funds and other institutional investors.
NextDecade Price Performance
Shares of NEXT stock traded down $0.11 during trading hours on Wednesday, hitting $7.28. 617,024 shares of the company's stock were exchanged, compared to its average volume of 1,867,628. The company has a market capitalization of $1.90 billion, a PE ratio of -6.50 and a beta of 1.05. 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 12-month low of $4.27 and a 12-month high of $9.71. The business's 50 day simple moving average is $7.63 and its 200-day simple moving average is $7.57.
NextDecade (NASDAQ:NEXT - Get Free Report) last released its earnings results on Thursday, February 27th. The company reported ($1.86) EPS for the quarter, missing the consensus estimate of ($0.19) by ($1.67). On average, equities research analysts anticipate that NextDecade Co. will post -0.61 earnings per share for the current year.
NextDecade Profile
(
Free Report)
NextDecade Corp. is a development company.
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