Barclays PLC grew its holdings in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) by 38.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 533,995 shares of the company's stock after purchasing an additional 149,159 shares during the quarter. Barclays PLC owned about 0.21% of NextDecade worth $4,117,000 at the end of the most recent reporting period.
Several other large investors have also recently modified their holdings of NEXT. Geode Capital Management LLC grew its stake in NextDecade by 24.8% in the 3rd quarter. Geode Capital Management LLC now owns 3,026,930 shares of the company's stock valued at $14,260,000 after buying an additional 600,630 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of NextDecade by 3.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,101,775 shares of the company's stock valued at $8,495,000 after purchasing an additional 36,959 shares in the last quarter. Catalyst Capital Advisors LLC raised its stake in shares of NextDecade by 3.4% during the 4th quarter. Catalyst Capital Advisors LLC now owns 3,750,486 shares of the company's stock valued at $28,916,000 after purchasing an additional 123,070 shares during the period. Proficio Capital Partners LLC purchased a new stake in NextDecade during the 4th quarter worth about $537,000. Finally, Swiss National Bank boosted its stake in NextDecade by 59.2% in the 4th quarter. Swiss National Bank now owns 280,700 shares of the company's stock worth $2,164,000 after purchasing an additional 104,400 shares during the period. Hedge funds and other institutional investors own 66.74% of the company's stock.
NextDecade Price Performance
NEXT stock traded down $0.30 during mid-day trading on Wednesday, reaching $7.48. 1,172,689 shares of the company traded hands, compared to its average volume of 1,865,664. The company has a fifty day moving average price of $7.54 and a 200-day moving average price of $7.36. NextDecade Co. has a 52-week low of $4.27 and a 52-week high of $9.71. The company has a market capitalization of $1.95 billion, a P/E ratio of -6.68 and a beta of 0.80. 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 (NASDAQ:NEXT - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported ($1.86) earnings per share for the quarter, missing analysts' consensus estimates of ($0.19) by ($1.67). As a group, analysts anticipate that NextDecade Co. will post -0.61 earnings per share for the current year.
About NextDecade
(
Free Report)
NextDecade Corp. is a development company.
Further Reading
Before you consider NextDecade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NextDecade wasn't on the list.
While NextDecade currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
