Moore Capital Management LP bought a new stake in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 365,172 shares of the company's stock, valued at approximately $2,815,000. Moore Capital Management LP owned 0.14% of NextDecade at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Briaud Financial Planning Inc raised its stake 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 raised its stake 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 raised its stake 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 stake in NextDecade by 0.9% in the 4th quarter. Bank of New York Mellon Corp now owns 325,367 shares of the company's stock worth $2,509,000 after acquiring an additional 2,833 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in NextDecade by 7.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 45,594 shares of the company's stock worth $352,000 after acquiring an additional 3,082 shares during the last quarter. Institutional investors own 66.74% of the company's stock.
NextDecade Stock Performance
NASDAQ:NEXT opened at $7.75 on Tuesday. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.49 and a quick ratio of 0.49. NextDecade Co. has a 1 year low of $4.27 and a 1 year high of $9.71. The stock's 50 day simple moving average is $7.53 and its two-hundred day simple moving average is $7.50. The company has a market cap of $2.02 billion, a price-to-earnings ratio of -6.92 and a beta of 1.05.
NextDecade (NASDAQ:NEXT - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported ($1.86) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.19) by ($1.67). As a group, equities analysts anticipate that NextDecade Co. will post -0.61 earnings per share for the current fiscal year.
NextDecade Profile
(
Free Report)
NextDecade Corp. is a development company.
See Also
Want to see what other hedge funds are holding NEXT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NextDecade Co. (NASDAQ:NEXT - Free Report).
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