Kovitz Investment Group Partners LLC bought a new position in shares of NextDecade Co. (NASDAQ:NEXT – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 29,733 shares of the company’s stock, valued at approximately $140,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Hotchkis & Wiley Capital Management LLC increased its position in NextDecade by 97.8% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 4,623,370 shares of the company’s stock worth $21,776,000 after buying an additional 2,286,050 shares during the period. Catalyst Capital Advisors LLC increased its holdings in shares of NextDecade by 4.3% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 3,627,416 shares of the company’s stock valued at $17,085,000 after acquiring an additional 150,800 shares during the period. Encompass Capital Advisors LLC purchased a new stake in NextDecade in the 2nd quarter valued at $23,231,000. State Street Corp boosted 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 purchasing an additional 155,309 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in NextDecade by 43.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,064,816 shares of the company’s stock worth $5,015,000 after purchasing an additional 321,603 shares during the last quarter. 66.74% of the stock is owned by hedge funds and other institutional investors.
NextDecade Price Performance
Shares of NASDAQ:NEXT opened at $7.01 on Friday. NextDecade Co. has a one year low of $4.26 and a one year high of $8.52. The stock has a market capitalization of $1.82 billion, a price-to-earnings ratio of -6.26 and a beta of 1.29. The company has a 50-day simple moving average of $6.44 and a 200-day simple moving average of $6.42. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.49 and a current ratio of 0.49.
About NextDecade
NextDecade Corp. is a development company.
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