Vanguard Group Inc. boosted its holdings in NextDecade Co. (NASDAQ:NEXT - Free Report) by 58.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,652,380 shares of the company's stock after acquiring an additional 2,459,173 shares during the quarter. Vanguard Group Inc. owned 2.59% of NextDecade worth $34,060,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in NEXT. Royal Bank of Canada lifted its holdings in shares of NextDecade by 437.8% in the third quarter. Royal Bank of Canada now owns 5,244 shares of the company's stock valued at $31,000 after purchasing an additional 4,269 shares in the last quarter. Briaud Financial Planning Inc purchased a new position in NextDecade during the 3rd quarter worth $36,000. BNP Paribas Arbitrage SA grew its stake in shares of NextDecade by 1,195.1% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,732 shares of the company's stock worth $34,000 after acquiring an additional 7,135 shares in the last quarter. BNP Paribas Arbitrage SNC raised its holdings in shares of NextDecade by 191.4% in the first quarter. BNP Paribas Arbitrage SNC now owns 7,771 shares of the company's stock valued at $39,000 after purchasing an additional 5,104 shares during the last quarter. Finally, Captrust Financial Advisors raised its holdings in shares of NextDecade by 100.0% in the first quarter. Captrust Financial Advisors now owns 10,000 shares of the company's stock valued at $66,000 after purchasing an additional 5,000 shares during the last quarter. Institutional investors and hedge funds own 66.74% of the company's stock.
NextDecade Stock Up 3.3 %
NextDecade stock traded up $0.20 during midday trading on Thursday, hitting $6.23. 1,809,162 shares of the stock were exchanged, compared to its average volume of 1,096,221. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 2.45. The stock has a market capitalization of $1.60 billion, a price-to-earnings ratio of -8.09 and a beta of 1.32. NextDecade Co. has a 52-week low of $4.01 and a 52-week high of $8.74. The business's 50-day moving average price is $5.27 and its 200-day moving average price is $4.90.
About NextDecade
(
Free Report)
NextDecade Corp. is a development company.
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