NextDecade Co. (NASDAQ:NEXT) Shares Bought by Quantbot Technologies LP

Quantbot Technologies LP grew its stake in shares of NextDecade Co. (NASDAQ:NEXTFree Report) by 26,057.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 117,708 shares of the company’s stock after buying an additional 117,258 shares during the quarter. Quantbot Technologies LP’s holdings in NextDecade were worth $908,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in NEXT. Steward Partners Investment Advisory LLC grew its position in NextDecade by 350.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company’s stock valued at $35,000 after acquiring an additional 3,485 shares during the period. Twin Securities Inc. purchased a new stake in shares of NextDecade during the 3rd quarter worth about $52,000. Mainstream Capital Management LLC acquired a new stake in NextDecade during the 4th quarter worth approximately $56,000. Briaud Financial Planning Inc raised its holdings in NextDecade by 29.2% in the fourth quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company’s stock valued at $71,000 after buying an additional 2,109 shares during the period. Finally, Cibc World Markets Corp acquired a new position in NextDecade during the fourth quarter valued at approximately $83,000. 66.74% of the stock is currently owned by institutional investors and hedge funds.

NextDecade Price Performance

NextDecade stock opened at $9.05 on Thursday. The firm has a fifty day moving average of $8.09 and a 200-day moving average of $6.94. NextDecade Co. has a 52-week low of $4.27 and a 52-week high of $9.71. 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 firm has a market capitalization of $2.36 billion, a P/E ratio of -8.08 and a beta of 1.18.

NextDecade (NASDAQ:NEXTGet Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported ($1.86) EPS for the quarter, missing the consensus estimate of ($0.19) by ($1.67). As a group, analysts predict that NextDecade Co. will post -0.61 EPS for the current year.

About NextDecade

(Free Report)

NextDecade Corp. is a development company.

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Institutional Ownership by Quarter for NextDecade (NASDAQ:NEXT)

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