Harbor Capital Advisors Inc. grew its position in NextDecade Co. (NASDAQ:NEXT - Free Report) by 108.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 181,106 shares of the company's stock after purchasing an additional 94,076 shares during the quarter. Harbor Capital Advisors Inc. owned about 0.07% of NextDecade worth $853,000 as of its most recent SEC filing.
A number of other large investors also recently made changes to their positions in the company. Catalyst Capital Advisors LLC grew its holdings in NextDecade by 3.4% in the 2nd quarter. Catalyst Capital Advisors LLC now owns 3,476,616 shares of the company's stock valued at $27,604,000 after buying an additional 113,187 shares in the last quarter. Encompass Capital Advisors LLC bought a new stake in shares of NextDecade in the second quarter valued at about $23,231,000. Wolf Hill Capital Management LP acquired a new position in shares of NextDecade in the second quarter valued at about $7,096,000. SL Advisors LLC increased its position in NextDecade by 5.1% during the third quarter. SL Advisors LLC now owns 823,529 shares of the company's stock worth $3,879,000 after acquiring an additional 39,830 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in NextDecade by 108.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 441,343 shares of the company's stock worth $3,504,000 after purchasing an additional 229,646 shares in the last quarter. Institutional investors own 66.74% of the company's stock.
NextDecade Stock Performance
Shares of NASDAQ:NEXT traded up $0.06 on Thursday, reaching $6.92. 1,997,781 shares of the company's stock were exchanged, compared to its average volume of 1,535,844. NextDecade Co. has a twelve month low of $4.15 and a twelve month high of $8.52. The company has a fifty day moving average of $5.19 and a 200-day moving average of $6.36. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of -40.71 and a beta of 1.25. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 2.22.
NextDecade (NASDAQ:NEXT - Get Free Report) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.39) EPS for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.28). On average, research analysts predict that NextDecade Co. will post -1.01 EPS for the current fiscal year.
About NextDecade
(
Free Report)
NextDecade Corp. is a development company.
Read More
Before you consider NextDecade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NextDecade wasn't on the list.
While NextDecade currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.