Geode Capital Management LLC Purchases 48,401 Shares of NextDecade Co. (NASDAQ:NEXT)

Geode Capital Management LLC raised its holdings in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) by 1.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,075,331 shares of the company's stock after buying an additional 48,401 shares during the quarter. Geode Capital Management LLC owned about 1.18% of NextDecade worth $23,717,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in NEXT. Cannell & Spears LLC bought a new position in shares of NextDecade in the 4th quarter worth $1,316,000. Wellington Management Group LLP increased its stake in NextDecade by 65.2% in the fourth quarter. Wellington Management Group LLP now owns 171,169 shares of the company's stock valued at $1,320,000 after acquiring an additional 67,571 shares during the last quarter. Pictet Asset Management Holding SA raised its position in NextDecade by 97.7% during the fourth quarter. Pictet Asset Management Holding SA now owns 36,421 shares of the company's stock valued at $281,000 after purchasing an additional 17,996 shares in the last quarter. EntryPoint Capital LLC lifted its stake in NextDecade by 23.8% during the fourth quarter. EntryPoint Capital LLC now owns 64,252 shares of the company's stock worth $495,000 after purchasing an additional 12,355 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of NextDecade by 46.0% in the 4th quarter. LPL Financial LLC now owns 100,281 shares of the company's stock worth $773,000 after purchasing an additional 31,580 shares in the last quarter. 66.74% of the stock is currently owned by institutional investors.

NextDecade Price Performance

Shares of NextDecade stock traded up $0.16 during trading on Thursday, hitting $7.53. 338,264 shares of the stock traded hands, compared to its average volume of 1,861,550. The firm's fifty day moving average is $7.60 and its 200-day moving average is $7.28. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of -6.72 and a beta of 0.80. NextDecade Co. has a 52 week low of $4.27 and a 52 week high of $9.71. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 3.17.

NextDecade (NASDAQ:NEXT - Get Free Report) last posted its quarterly 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). Research analysts expect that NextDecade Co. will post -0.61 EPS for the current fiscal year.

NextDecade Profile

NextDecade Corp. is a development company.