NextDecade Co. (NASDAQ:NEXT) Shares Purchased by Webs Creek Capital Management LP

Webs Creek Capital Management LP raised its holdings in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) by 137.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 285,000 shares of the company's stock after buying an additional 165,000 shares during the period. NextDecade comprises approximately 0.5% of Webs Creek Capital Management LP's investment portfolio, making the stock its 13th biggest position. Webs Creek Capital Management LP owned 0.11% of NextDecade worth $2,197,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of NEXT. Geode Capital Management LLC boosted its holdings in NextDecade by 24.8% during the 3rd quarter. Geode Capital Management LLC now owns 3,026,930 shares of the company's stock valued at $14,260,000 after acquiring an additional 600,630 shares during the period. State Street Corp grew its stake in 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. Charles Schwab Investment Management Inc. lifted its holdings in shares of NextDecade by 3.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,101,775 shares of the company's stock worth $8,495,000 after buying an additional 36,959 shares during the period. Catalyst Capital Advisors LLC grew its position in shares of NextDecade by 3.4% in the 4th quarter. Catalyst Capital Advisors LLC now owns 3,750,486 shares of the company's stock worth $28,916,000 after buying an additional 123,070 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new stake in NextDecade during the fourth quarter valued at approximately $537,000. Institutional investors own 66.74% of the company's stock.

NextDecade Stock Down 2.5 %

NASDAQ NEXT traded down $0.19 on Friday, hitting $7.37. The stock had a trading volume of 991,770 shares, compared to its average volume of 1,874,857. The business's fifty day moving average price is $7.57 and its 200 day moving average price is $7.33. NextDecade Co. has a 52-week low of $4.27 and a 52-week high of $9.71. The stock has a market cap of $1.92 billion, a price-to-earnings ratio of -6.58 and a beta of 0.80. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.49 and a quick ratio of 0.49.

NextDecade (NASDAQ:NEXT - Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The company reported ($1.86) earnings per share 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

NextDecade Corp. is a development company.