Tortoise Capital Advisors L.L.C. cut its position in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) by 38.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,774,551 shares of the company's stock after selling 1,116,061 shares during the period. Tortoise Capital Advisors L.L.C. owned about 0.68% of NextDecade worth $13,682,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. State Street Corp raised its position in shares of NextDecade by 7.1% in the 3rd quarter. State Street Corp now owns 2,330,172 shares of the company's stock worth $10,975,000 after acquiring an additional 155,309 shares in the last quarter. Wellington Management Group LLP bought a new stake in shares of NextDecade in the 3rd quarter valued at about $488,000. Geode Capital Management LLC grew its position in shares of NextDecade by 24.8% in the 3rd quarter. Geode Capital Management LLC now owns 3,026,930 shares of the company's stock worth $14,260,000 after buying an additional 600,630 shares during the last quarter. SL Advisors LLC raised its stake in shares of NextDecade by 3.6% during the 4th quarter. SL Advisors LLC now owns 853,529 shares of the company's stock worth $6,581,000 after acquiring an additional 30,000 shares in the last quarter. Finally, Harbor Capital Advisors Inc. lifted its position in NextDecade by 9.4% during the fourth quarter. Harbor Capital Advisors Inc. now owns 198,053 shares of the company's stock valued at $1,527,000 after acquiring an additional 16,947 shares during the last quarter. Institutional investors own 66.74% of the company's stock.
NextDecade Stock Up 2.4 %
NASDAQ NEXT traded up $0.17 on Wednesday, hitting $7.37. The stock had a trading volume of 1,186,938 shares, compared to its average volume of 1,867,489. NextDecade Co. has a 52-week low of $4.27 and a 52-week high of $9.71. The business's fifty day moving average price is $7.60 and its 200 day moving average price is $7.28. 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 stock has a market cap of $1.92 billion, a price-to-earnings ratio of -6.58 and a beta of 0.80.
NextDecade (NASDAQ:NEXT - Get Free Report) last released its earnings results on Thursday, February 27th. The company reported ($1.86) EPS for the quarter, missing analysts' consensus estimates of ($0.19) by ($1.67). Equities research analysts anticipate that NextDecade Co. will post -0.61 earnings per share for the current year.
NextDecade Company Profile
(
Free Report)
NextDecade Corp. is a development company.
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