Quantbot Technologies LP grew its stake in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) by 26,057.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 117,708 shares of the company's stock after acquiring an additional 117,258 shares during the period. Quantbot Technologies LP's holdings in NextDecade were worth $908,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Steward Partners Investment Advisory LLC lifted its stake in NextDecade by 350.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company's stock valued at $35,000 after purchasing an additional 3,485 shares during the last quarter. Twin Securities Inc. bought a new stake in shares of NextDecade in the third quarter valued at $52,000. Mainstream Capital Management LLC purchased a new position in shares of NextDecade during the 4th quarter valued at $56,000. Briaud Financial Planning Inc grew its stake in shares of NextDecade by 29.2% during the 4th quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company's stock worth $71,000 after acquiring an additional 2,109 shares during the period. Finally, Cibc World Markets Corp purchased a new stake in NextDecade in the 4th quarter worth about $83,000. Hedge funds and other institutional investors own 66.74% of the company's stock.
NextDecade Stock Performance
NextDecade stock traded down $0.36 during midday trading on Friday, reaching $8.05. The stock had a trading volume of 2,142,058 shares, compared to its average volume of 1,762,985. The firm has a market capitalization of $2.10 billion, a PE ratio of -7.19 and a beta of 1.18. NextDecade Co. has a 12 month low of $4.27 and a 12 month 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. The firm's 50-day moving average price is $8.06 and its 200 day moving average price is $7.01.
NextDecade (NASDAQ:NEXT - Get Free Report) last posted its quarterly earnings results 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). As a group, research analysts predict that NextDecade Co. will post -0.61 earnings per share for the current fiscal year.
About NextDecade
(
Free Report)
NextDecade Corp. is a development company.
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