36,740 Shares in NextDecade Co. (NASDAQ:NEXT) Bought by Quantessence Capital LLC

Quantessence Capital LLC bought a new stake in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 36,740 shares of the company's stock, valued at approximately $283,000.

Several other hedge funds have also modified their holdings of NEXT. Briaud Financial Planning Inc lifted its position in shares of NextDecade by 29.2% during the fourth quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company's stock worth $71,000 after purchasing an additional 2,109 shares during the last quarter. Mariner LLC raised its stake in NextDecade by 19.6% during the fourth quarter. Mariner LLC now owns 15,836 shares of the company's stock valued at $122,000 after buying an additional 2,592 shares in the last quarter. Rhumbline Advisers lifted its holdings in NextDecade by 1.9% during the 4th quarter. Rhumbline Advisers now owns 147,900 shares of the company's stock worth $1,140,000 after buying an additional 2,722 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of 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 in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of 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 in the last quarter. 66.74% of the stock is currently owned by hedge funds and other institutional investors.

NextDecade Stock Performance

Shares of NEXT stock traded down $0.19 on Friday, hitting $7.37. 991,770 shares of the stock traded hands, compared to its average volume of 1,870,420. The company has a market capitalization of $1.92 billion, a PE ratio of -6.58 and a beta of 0.80. The company's fifty day moving average is $7.57 and its 200 day moving average is $7.32. 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.

NextDecade (NASDAQ:NEXT - Get Free Report) last issued 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). On average, equities research analysts predict that NextDecade Co. will post -0.61 earnings per share for the current fiscal year.

About NextDecade

NextDecade Corp. is a development company.