Renaissance Technologies LLC acquired a new position in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 56,600 shares of the company's stock, valued at approximately $436,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Catalyst Capital Advisors LLC lifted its stake in NextDecade by 3.4% during the fourth quarter. Catalyst Capital Advisors LLC now owns 3,750,486 shares of the company's stock worth $28,916,000 after purchasing an additional 123,070 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of NextDecade by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 3,075,331 shares of the company's stock valued at $23,717,000 after purchasing an additional 48,401 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of NextDecade by 3.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,101,775 shares of the company's stock worth $8,495,000 after purchasing an additional 36,959 shares in the last quarter. SL Advisors LLC raised its holdings in NextDecade by 3.6% in the fourth quarter. SL Advisors LLC now owns 853,529 shares of the company's stock valued at $6,581,000 after acquiring an additional 30,000 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of NextDecade by 0.9% during the 4th quarter. Bank of New York Mellon Corp now owns 325,367 shares of the company's stock valued at $2,509,000 after buying an additional 2,833 shares during the last quarter. 66.74% of the stock is currently owned by institutional investors and hedge funds.
NextDecade Price Performance
NASDAQ NEXT traded up $0.20 on Friday, reaching $7.67. The company's stock had a trading volume of 326,711 shares, compared to its average volume of 1,863,945. The stock has a market cap of $2.00 billion, a PE ratio of -6.85 and a beta of 1.05. The firm's 50 day moving average is $7.53 and its two-hundred day moving average is $7.44. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.49 and a current ratio of 0.49. NextDecade Co. has a twelve month low of $4.27 and a twelve month high of $9.71.
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, sell-side analysts predict that NextDecade Co. will post -0.61 EPS for the current year.
About NextDecade
(
Free Report)
NextDecade Corp. is a development company.
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