NextDecade Co. (NASDAQ:NEXT) Shares Purchased by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC lifted its stake in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) by 3.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,750,486 shares of the company's stock after purchasing an additional 123,070 shares during the period. NextDecade comprises 0.6% of Catalyst Capital Advisors LLC's investment portfolio, making the stock its 26th biggest position. Catalyst Capital Advisors LLC owned about 1.44% of NextDecade worth $28,916,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of NEXT. SG Americas Securities LLC purchased a new stake in shares of NextDecade during the third quarter worth about $138,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of NextDecade during the third quarter worth about $77,000. Clear Harbor Asset Management LLC purchased a new stake in shares of NextDecade during the third quarter worth about $99,000. Harbor Capital Advisors Inc. increased its stake in shares of NextDecade by 108.1% during the third quarter. Harbor Capital Advisors Inc. now owns 181,106 shares of the company's stock worth $853,000 after purchasing an additional 94,076 shares in the last quarter. Finally, Van ECK Associates Corp boosted its position in NextDecade by 115.2% during the third quarter. Van ECK Associates Corp now owns 67,798 shares of the company's stock worth $319,000 after acquiring an additional 36,291 shares during the last quarter. Hedge funds and other institutional investors own 66.74% of the company's stock.

NextDecade Price Performance

NEXT traded down $0.05 on Wednesday, reaching $8.27. 550,202 shares of the company's stock were exchanged, compared to its average volume of 1,956,687. The stock has a market cap of $2.15 billion, a PE ratio of -7.38 and a beta of 1.27. NextDecade Co. has a twelve month low of $4.27 and a twelve month high of $9.47. The stock's fifty day moving average price is $7.82 and its 200-day moving average price is $6.43. 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 Profile

NextDecade Corp. is a development company.