American Century Companies Inc. Makes New $319,000 Investment in NextDecade Co. (NASDAQ:NEXT)

American Century Companies Inc. acquired a new position in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 41,322 shares of the company's stock, valued at approximately $319,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Captrust Financial Advisors grew its position in shares of NextDecade by 3.6% in the third quarter. Captrust Financial Advisors now owns 43,544 shares of the company's stock valued at $205,000 after purchasing an additional 1,518 shares during the last quarter. Briaud Financial Planning Inc boosted its stake in NextDecade by 29.2% in the 4th quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company's stock valued at $71,000 after purchasing an additional 2,109 shares during the period. Rhumbline Advisers grew its holdings in NextDecade by 1.9% in the 4th quarter. Rhumbline Advisers now owns 147,900 shares of the company's stock valued at $1,140,000 after buying an additional 2,722 shares in the last quarter. Bank of New York Mellon Corp increased its position in NextDecade by 0.9% during the 4th quarter. Bank of New York Mellon Corp now owns 325,367 shares of the company's stock worth $2,509,000 after buying an additional 2,833 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of NextDecade by 7.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 45,594 shares of the company's stock worth $352,000 after buying an additional 3,082 shares in the last quarter. 66.74% of the stock is currently owned by institutional investors and hedge funds.

NextDecade Stock Performance

NASDAQ:NEXT traded up $0.36 during mid-day trading on Friday, reaching $7.82. 2,513,164 shares of the company's stock were exchanged, compared to its average volume of 1,865,135. NextDecade Co. has a one year low of $4.27 and a one year high of $9.71. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.49 and a current ratio of 0.49. The business's fifty day simple moving average is $7.63 and its two-hundred day simple moving average is $7.23. The firm has a market capitalization of $2.04 billion, a PE ratio of -6.98 and a beta of 0.80.

NextDecade (NASDAQ:NEXT - Get Free Report) last announced its earnings results on Thursday, February 27th. The company reported ($1.86) EPS for the quarter, missing the consensus estimate of ($0.19) by ($1.67). Analysts anticipate that NextDecade Co. will post -0.61 earnings per share for the current fiscal year.

NextDecade Company Profile

NextDecade Corp. is a development company.