KLP Kapitalforvaltning AS bought a new position in NextDecade Co. (NASDAQ:NEXT – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 28,700 shares of the company’s stock, valued at approximately $221,000.
A number of other institutional investors have also added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC increased its position in shares of NextDecade by 350.6% during the 4th 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 purchased a new stake in NextDecade in the fourth quarter worth approximately $56,000. Briaud Financial Planning Inc boosted its stake in NextDecade by 29.
2% in the fourth 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 in the last quarter. Cibc World Markets Corp bought a new position in NextDecade during the fourth quarter valued at approximately $83,000.
Finally, Stoneridge Investment Partners LLC purchased a new position in shares of NextDecade during the fourth quarter worth approximately $91,000. Institutional investors own 66.74% of the company’s stock.
NextDecade Trading Up 5.3 %Shares of NEXT opened at $5.98 on Tuesday.
The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.49 and a current ratio of 0.
49. NextDecade Co. has a fifty-two week low of $4.
27 and a fifty-two week high of $9.71. The firm has a 50 day moving average price of $7.
87 and a 200-day moving average price of $7.10. The firm has a market cap of $1.
56 billion, a price-to-earnings ratio of -5.34 and a beta of 0.80.
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). As a group, equities research analysts forecast that NextDecade Co.
will post -0.61 earnings per share for the current year. NextDecade Company Profile (Free Report)NextDecade Corp.
is a development company. See AlsoFive stocks we like better than NextDecadeDividend Screener: How to Evaluate Dividend Stocks Before BuyingOptions Activity Points to More Volatility for Palantir StockHow to Use Stock Screeners to Find StocksNVIDIA Stock: Oversold, Undervalued — How Low Can It Go?What is the Dogs of the Dow Strategy? Overview and ExamplesMicroStrategy Sees Insider Buy-Sell Action in Q1Want to see what other hedge funds are holding NEXT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NextDecade Co.
(NASDAQ:NEXT – Free Report)..
Business
KLP Kapitalforvaltning AS Invests $221,000 in NextDecade Co. (NASDAQ:NEXT)

KLP Kapitalforvaltning AS bought a new position in NextDecade Co. (NASDAQ:NEXT – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 28,700 shares of the company’s stock, valued at approximately $221,000. A number of other institutional investors have also added to or reduced [...]