Proficio Capital Partners LLC Takes $537,000 Position in NextDecade Co. (NASDAQ:NEXT)

Proficio Capital Partners LLC purchased a new position in NextDecade Co. (NASDAQ:NEXTFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 69,691 shares of the company’s stock, valued at approximately $537,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its stake in NextDecade by 24.8% in the third quarter. Geode Capital Management LLC now owns 3,026,930 shares of the company’s stock worth $14,260,000 after purchasing an additional 600,630 shares during the period. State Street Corp grew its stake in NextDecade by 7.1% in the third 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. Charles Schwab Investment Management Inc. grew its stake in NextDecade by 43.3% in the third 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 period. Catalyst Capital Advisors LLC grew its stake in NextDecade by 3.4% in the fourth quarter. Catalyst Capital Advisors LLC now owns 3,750,486 shares of the company’s stock worth $28,916,000 after purchasing an additional 123,070 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC grew its stake in NextDecade by 97.8% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 4,623,370 shares of the company’s stock worth $21,776,000 after purchasing an additional 2,286,050 shares during the period. 66.74% of the stock is owned by hedge funds and other institutional investors.

NextDecade Price Performance

Shares of NEXT stock opened at $7.03 on Monday. The stock has a market cap of $1.83 billion, a price-to-earnings ratio of -6.28 and a beta of 1.18. The business’s fifty day moving average is $8.04 and its 200 day moving average is $6.65. NextDecade Co. has a twelve month low of $4.27 and a twelve month high of $9.47. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 3.17.

NextDecade (NASDAQ:NEXTGet Free Report) last issued 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 expect that NextDecade Co. will post -0.61 EPS for the current fiscal year.

NextDecade Company Profile

(Free Report)

NextDecade Corp. is a development company.

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Institutional Ownership by Quarter for NextDecade (NASDAQ:NEXT)

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