Swiss National Bank Has $2.16 Million Position in NextDecade Co. (NASDAQ:NEXT)

Swiss National Bank raised its stake in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) by 59.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 280,700 shares of the company's stock after buying an additional 104,400 shares during the quarter. Swiss National Bank owned about 0.11% of NextDecade worth $2,164,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Hotchkis & Wiley Capital Management LLC boosted its stake in NextDecade by 97.8% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 4,623,370 shares of the company's stock worth $21,776,000 after acquiring an additional 2,286,050 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of NextDecade by 24.8% during the third quarter. Geode Capital Management LLC now owns 3,026,930 shares of the company's stock worth $14,260,000 after purchasing an additional 600,630 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of NextDecade by 43.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,064,816 shares of the company's stock valued at $5,015,000 after buying an additional 321,603 shares during the period. Algert Global LLC increased its position in shares of NextDecade by 236.7% in the 3rd quarter. Algert Global LLC now owns 386,142 shares of the company's stock valued at $1,819,000 after buying an additional 271,458 shares in the last quarter. Finally, State Street Corp raised its stake in NextDecade by 7.1% during the 3rd quarter. State Street Corp now owns 2,330,172 shares of the company's stock worth $10,975,000 after buying an additional 155,309 shares during the period. 66.74% of the stock is owned by institutional investors.

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NextDecade Trading Down 3.4 %

NEXT stock traded down $0.27 during midday trading on Monday, hitting $7.78. 2,301,138 shares of the company's stock were exchanged, compared to its average volume of 1,765,136. NextDecade Co. has a one year low of $4.27 and a one year high of $9.71. The stock's fifty day moving average price is $8.03 and its 200-day moving average price is $7.03. The company has a market cap of $2.03 billion, a PE ratio of -6.95 and a beta of 1.18. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.49 and a current ratio of 0.49.

NextDecade (NASDAQ:NEXT - Get Free Report) last issued its quarterly earnings data 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). Research analysts predict that NextDecade Co. will post -0.61 earnings per share for the current fiscal year.

NextDecade Profile

NextDecade Corp. is a development company.