Corient Private Wealth LLC purchased a new stake in NextDecade Co. (NASDAQ:NEXT - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 62,653 shares of the company's stock, valued at approximately $483,000.
A number of other institutional investors have also added to or reduced their stakes in the business. Geode Capital Management LLC raised its position in shares of NextDecade by 24.8% during the 3rd quarter. Geode Capital Management LLC now owns 3,026,930 shares of the company's stock valued at $14,260,000 after buying an additional 600,630 shares in the last quarter. State Street Corp increased its stake in NextDecade by 7.1% in the third quarter. State Street Corp now owns 2,330,172 shares of the company's stock valued at $10,975,000 after acquiring an additional 155,309 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in NextDecade by 43.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,064,816 shares of the company's stock valued at $5,015,000 after purchasing an additional 321,603 shares in the last quarter. Catalyst Capital Advisors LLC increased its position in shares of NextDecade by 3.4% during the 4th quarter. Catalyst Capital Advisors LLC now owns 3,750,486 shares of the company's stock valued at $28,916,000 after purchasing an additional 123,070 shares during the last quarter. Finally, Proficio Capital Partners LLC bought a new position in shares of NextDecade during the 4th quarter valued at about $537,000. 66.74% of the stock is currently owned by institutional investors.
NextDecade Trading Up 3.5 %
NEXT stock traded up $0.27 during midday trading on Wednesday, hitting $7.95. The company had a trading volume of 1,422,332 shares, compared to its average volume of 1,766,951. The stock's 50 day moving average price is $7.99 and its 200 day moving average price is $7.06. NextDecade Co. has a 52 week low of $4.27 and a 52 week high of $9.71. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 3.17. The stock has a market cap of $2.07 billion, a price-to-earnings ratio of -7.10 and a beta of 1.18.
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 analysts' consensus estimates of ($0.19) by ($1.67). As a group, equities research analysts expect that NextDecade Co. will post -0.61 earnings per share for the current fiscal year.
NextDecade Profile
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NextDecade Corp. is a development company.
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