Tower Research Capital LLC TRC increased its stake in NextDecade Co. (NASDAQ:NEXT – Free Report) by 201.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,797 shares of the company’s stock after purchasing an additional 5,212 shares during the quarter. Tower Research Capital LLC TRC’s holdings in NextDecade were worth $60,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of the stock. MetLife Investment Management LLC grew its stake in shares of NextDecade by 15.2% in the fourth quarter. MetLife Investment Management LLC now owns 67,009 shares of the company’s stock valued at $517,000 after buying an additional 8,843 shares in the last quarter. Marshall Wace LLP acquired a new stake in NextDecade during the 4th quarter valued at approximately $139,000. Walleye Capital LLC purchased a new stake in NextDecade during the 4th quarter worth approximately $499,000. XTX Topco Ltd purchased a new stake in NextDecade during the 4th quarter worth approximately $421,000. Finally, Mariner LLC increased its holdings in NextDecade by 19.6% during the 4th quarter. Mariner LLC now owns 15,836 shares of the company’s stock worth $122,000 after purchasing an additional 2,592 shares during the last quarter. Institutional investors and hedge funds own 66.74% of the company’s stock.
NextDecade Price Performance
NEXT stock opened at $7.67 on Monday. 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 Co. has a 52-week low of $4.27 and a 52-week high of $9.71. The stock’s 50 day moving average is $7.53 and its two-hundred day moving average is $7.48. The company has a market capitalization of $2.00 billion, a PE ratio of -6.85 and a beta of 1.05.
NextDecade Profile
NextDecade Corp. is a development company.
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