Wolf Hill Capital Management LP boosted its position in NextDecade Co. (NASDAQ:NEXT - Free Report) by 330.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,142,024 shares of the company's stock after buying an additional 6,248,757 shares during the quarter. NextDecade makes up about 4.5% of Wolf Hill Capital Management LP's portfolio, making the stock its 6th biggest position. Wolf Hill Capital Management LP owned about 3.13% of NextDecade worth $62,775,000 at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC raised its holdings in shares of NextDecade by 350.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company's stock valued at $35,000 after purchasing an additional 3,485 shares during the last quarter. Mainstream Capital Management LLC acquired a new stake in NextDecade in the 4th quarter valued at $56,000. Tower Research Capital LLC TRC lifted its position in NextDecade by 201.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 7,797 shares of the company's stock worth $60,000 after buying an additional 5,212 shares in the last quarter. Briaud Financial Planning Inc boosted its stake in shares of NextDecade by 29.2% during the 4th quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company's stock worth $71,000 after buying an additional 2,109 shares during the last quarter. Finally, Cibc World Markets Corp bought a new position in shares of NextDecade in the 4th quarter valued at about $83,000. Institutional investors own 66.74% of the company's stock.
NextDecade Stock Down 2.5 %
Shares of NASDAQ:NEXT traded down $0.19 during midday trading on Friday, reaching $7.37. The company had a trading volume of 991,770 shares, compared to its average volume of 1,870,420. NextDecade Co. has a 1-year low of $4.27 and a 1-year high of $9.71. The stock has a market cap of $1.92 billion, a PE ratio of -6.58 and a beta of 0.80. 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 $7.57 and its 200 day moving average price is $7.32.
NextDecade (NASDAQ:NEXT - Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The company reported ($1.86) earnings per share for the quarter, missing the consensus estimate of ($0.19) by ($1.67). Research analysts forecast that NextDecade Co. will post -0.61 EPS for the current fiscal year.
About NextDecade
(
Free Report)
NextDecade Corp. is a development company.
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