Charles Schwab Investment Management Inc. grew its stake in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) by 3.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,101,775 shares of the company's stock after acquiring an additional 36,959 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.42% of NextDecade worth $8,495,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of NEXT. Steward Partners Investment Advisory LLC raised its holdings in shares of NextDecade by 350.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company's stock valued at $35,000 after buying an additional 3,485 shares during the period. Twin Securities Inc. acquired a new stake in NextDecade in the third quarter valued at $52,000. Stoneridge Investment Partners LLC bought a new position in NextDecade during the 4th quarter valued at $91,000. ARS Investment Partners LLC bought a new position in shares of NextDecade during the fourth quarter worth about $124,000. Finally, Kovitz Investment Group Partners LLC acquired a new stake in shares of NextDecade during the 3rd quarter valued at approximately $140,000. 66.74% of the stock is owned by institutional investors and hedge funds.
NextDecade Stock Performance
NEXT traded down $0.63 during trading on Thursday, reaching $8.42. 1,773,579 shares of the company were exchanged, compared to its average volume of 1,722,098. The firm has a 50 day moving average of $8.09 and a 200 day moving average of $6.94. The stock has a market cap of $2.19 billion, a P/E ratio of -7.52 and a beta of 1.18. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 3.17. NextDecade Co. has a 52 week low of $4.27 and a 52 week high of $9.71.
NextDecade (NASDAQ:NEXT - Get Free Report) last issued its quarterly earnings data 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). On average, sell-side analysts forecast that NextDecade Co. will post -0.61 EPS for the current fiscal year.
NextDecade Company Profile
(
Free Report)
NextDecade Corp. is a development company.
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