Stifel Financial Corp raised its position in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) by 621.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 73,129 shares of the company's stock after purchasing an additional 62,992 shares during the quarter. Stifel Financial Corp's holdings in NextDecade were worth $564,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its holdings 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 worth $8,495,000 after buying an additional 36,959 shares during the last quarter. Catalyst Capital Advisors LLC increased its holdings in NextDecade by 3.4% during the fourth quarter. Catalyst Capital Advisors LLC now owns 3,750,486 shares of the company's stock valued at $28,916,000 after buying an additional 123,070 shares during the last quarter. Proficio Capital Partners LLC bought a new position in NextDecade in the fourth quarter worth approximately $537,000. Barclays PLC raised its position in NextDecade by 38.8% in the fourth quarter. Barclays PLC now owns 533,995 shares of the company's stock worth $4,117,000 after acquiring an additional 149,159 shares during the period. Finally, Swiss National Bank boosted its stake in shares of NextDecade by 59.2% during the 4th quarter. Swiss National Bank now owns 280,700 shares of the company's stock worth $2,164,000 after acquiring an additional 104,400 shares during the last quarter. Hedge funds and other institutional investors own 66.74% of the company's stock.
NextDecade Trading Up 2.7%
Shares of NEXT stock opened at $7.67 on Monday. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.49 and a quick ratio of 0.49. The company has a market cap of $2.00 billion, a price-to-earnings ratio of -6.85 and a beta of 1.05. NextDecade Co. has a 1 year low of $4.27 and a 1 year high of $9.71. The firm has a fifty day moving average price of $7.53 and a 200-day moving average price of $7.48.
NextDecade (NASDAQ:NEXT - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The company reported ($1.86) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($1.67). As a group, equities analysts predict that NextDecade Co. will post -0.61 earnings per share for the current year.
NextDecade Profile
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Free Report)
NextDecade Corp. is a development company.
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