Wellington Management Group LLP purchased a new stake in shares of NextDecade Co. (NASDAQ:NEXT - Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 103,598 shares of the company's stock, valued at approximately $488,000.
Other institutional investors have also recently bought and sold shares of the company. Twin Securities Inc. bought a new position in shares of NextDecade in the third quarter valued at approximately $52,000. Marshall Wace LLP boosted its holdings in NextDecade by 21.9% during the 2nd quarter. Marshall Wace LLP now owns 12,800 shares of the company's stock worth $102,000 after acquiring an additional 2,300 shares during the last quarter. Banque Pictet & Cie SA purchased a new position in NextDecade during the 2nd quarter worth $108,000. nVerses Capital LLC bought a new stake in shares of NextDecade in the 2nd quarter worth $122,000. Finally, Principal Financial Group Inc. raised its holdings in shares of NextDecade by 49.0% in the second quarter. Principal Financial Group Inc. now owns 15,619 shares of the company's stock valued at $124,000 after purchasing an additional 5,133 shares during the last quarter. Institutional investors and hedge funds own 66.74% of the company's stock.
NextDecade Stock Up 5.9 %
NextDecade stock traded up $0.39 during midday trading on Friday, hitting $6.95. 1,246,588 shares of the stock were exchanged, compared to its average volume of 1,582,052. NextDecade Co. has a 52-week low of $4.26 and a 52-week high of $8.52. 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 business's 50-day moving average price is $6.58 and its 200-day moving average price is $6.41. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of -6.21 and a beta of 1.29.
NextDecade Company Profile
(
Free Report)
NextDecade Corp. is a development company.
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