11,776 Shares in NextDecade Co. (NASDAQ:NEXT) Acquired by Stoneridge Investment Partners LLC

Stoneridge Investment Partners LLC bought a new stake in shares of NextDecade Co. (NASDAQ:NEXT) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 11,776 shares of the company’s stock, valued at approximately $91,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Captrust Financial Advisors lifted its holdings in shares of NextDecade by 3.6% during the third quarter. Captrust Financial Advisors now owns 43,544 shares of the company’s stock valued at $205,000 after purchasing an additional 1,518 shares in the last quarter. Marshall Wace LLP lifted its stake in NextDecade by 21.9% during the 2nd quarter. Marshall Wace LLP now owns 12,800 shares of the company’s stock valued at $102,000 after acquiring an additional 2,300 shares during the period. Twin Securities Inc. purchased a new stake in shares of NextDecade during the 3rd quarter valued at about $52,000. SG Americas Securities LLC grew its stake in shares of NextDecade by 47.0% in the fourth quarter. SG Americas Securities LLC now owns 43,208 shares of the company’s stock worth $333,000 after acquiring an additional 13,807 shares during the period. Finally, The Manufacturers Life Insurance Company grew its stake in shares of NextDecade by 23.9% in the second quarter. The Manufacturers Life Insurance Company now owns 74,829 shares of the company’s stock worth $594,000 after acquiring an additional 14,451 shares during the period. Institutional investors own 66.74% of the company’s stock.

NextDecade Trading Down 1.6 %

Shares of NextDecade stock opened at $7.77 on Friday. 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 twelve month low of $4.27 and a twelve month high of $9.47. The company’s 50 day moving average is $7.68 and its 200 day moving average is $6.44.

NextDecade (NASDAQ:NEXT) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.22) by $1.02. Research analysts predict that NextDecade Co. will post -0.61 EPS for the current fiscal year.

About NextDecade

NextDecade Corp. is a development company.