NextDecade Co. (NASDAQ:NEXT) Shares Purchased by State Street Corp

State Street Corp increased its stake in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) by 7.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 2,330,172 shares of the company's stock after purchasing an additional 155,309 shares during the period. State Street Corp owned approximately 0.90% of NextDecade worth $10,975,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Twin Securities Inc. purchased a new position in shares of NextDecade during the third quarter worth $52,000. Wealth Enhancement Advisory Services LLC acquired a new position in NextDecade during the 3rd quarter worth about $77,000. Clear Harbor Asset Management LLC purchased a new position in NextDecade during the 3rd quarter valued at about $99,000. Marshall Wace LLP grew its position in NextDecade by 21.9% in the 2nd quarter. Marshall Wace LLP now owns 12,800 shares of the company's stock valued at $102,000 after acquiring an additional 2,300 shares in the last quarter. Finally, nVerses Capital LLC purchased a new stake in NextDecade during the second quarter worth about $122,000. Institutional investors and hedge funds own 66.74% of the company's stock.

NextDecade Stock Up 1.0 %

Shares of NASDAQ NEXT traded up $0.07 during midday trading on Thursday, hitting $7.04. The company's stock had a trading volume of 643,030 shares, compared to its average volume of 1,570,702. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.49 and a quick ratio of 0.49. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of -6.29 and a beta of 1.29. The business's fifty day simple moving average is $6.69 and its two-hundred day simple moving average is $6.39. NextDecade Co. has a 1 year low of $4.26 and a 1 year high of $8.52.

NextDecade Company Profile

NextDecade Corp. is a development company.