Cohen & Steers Inc. grew its holdings in NextDecade Co. (NASDAQ:NEXT - Free Report) by 82.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 133,900 shares of the company's stock after buying an additional 60,377 shares during the quarter. Cohen & Steers Inc. owned approximately 0.05% of NextDecade worth $1,032,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in NEXT. Steward Partners Investment Advisory LLC grew its holdings in NextDecade by 350.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company's stock worth $35,000 after acquiring an additional 3,485 shares during the last quarter. Mainstream Capital Management LLC bought a new stake in shares of NextDecade during the fourth quarter valued at approximately $56,000. Briaud Financial Planning Inc increased its holdings in shares of NextDecade by 29.2% in the fourth 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 in the last quarter. Cibc World Markets Corp bought a new position in NextDecade in the fourth quarter valued at about $83,000. Finally, Stoneridge Investment Partners LLC acquired a new stake in shares of NextDecade during the 4th quarter worth approximately $91,000. 66.74% of the stock is currently owned by institutional investors and hedge funds.
NextDecade Trading Up 4.8 %
NEXT traded up $0.36 during midday trading on Friday, reaching $7.82. 2,513,164 shares of the company 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 stock has a market capitalization of $2.04 billion, a P/E ratio of -6.98 and a beta of 0.80. The stock's 50-day simple moving average is $7.63 and its 200 day simple moving average is $7.23.
NextDecade (NASDAQ:NEXT - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported ($1.86) earnings per share for the quarter, missing the consensus estimate of ($0.19) by ($1.67). As a group, analysts forecast that NextDecade Co. will post -0.61 earnings per share for the current fiscal year.
NextDecade Profile
(
Free Report)
NextDecade Corp. is a development company.
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