Two Sigma Investments LP Increases Stock Position in NextDecade Co. (NASDAQ:NEXT)

Two Sigma Investments LP increased its position in NextDecade Co. (NASDAQ:NEXT) by 16.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 32,861 shares of the company’s stock after acquiring an additional 4,605 shares during the period. Two Sigma Investments LP’s holdings in NextDecade were worth $253,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. Bardin Hill Management Partners LP raised its stake in NextDecade by 3.9% during the 4th quarter. Bardin Hill Management Partners LP now owns 8,917,873 shares of the company’s stock valued at $68,757,000 after buying an additional 334,012 shares during the last quarter. Wolf Hill Capital Management LP raised its stake in NextDecade by 330.1% during the 4th quarter. Wolf Hill Capital Management LP now owns 8,142,024 shares of the company’s stock valued at $62,775,000 after buying an additional 6,248,757 shares during the last quarter. Catalyst Capital Advisors LLC raised its stake in NextDecade by 3.4% during the 4th quarter. Catalyst Capital Advisors LLC now owns 3,750,486 shares of the company’s stock valued at $28,916,000 after buying an additional 123,070 shares during the last quarter. Geode Capital Management LLC raised its stake in NextDecade by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 3,075,331 shares of the company’s stock valued at $23,717,000 after buying an additional 48,401 shares during the last quarter. Finally, Millennium Management LLC raised its stake in NextDecade by 262.2% during the 4th quarter. Millennium Management LLC now owns 1,276,202 shares of the company’s stock valued at $9,840,000 after buying an additional 923,898 shares during the last quarter. 66.74% of the stock is currently owned by hedge funds and other institutional investors.

NextDecade Trading Up 0.8%

Shares of NEXT stock opened at $8.44 on Thursday. NextDecade Co. has a 1 year low of $4.27 and a 1 year high of $9.71. The firm has a fifty day moving average price of $7.57 and a 200-day moving average price of $7.67. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.49 and a quick ratio of 0.49. The company has a market cap of $2.20 billion, a price-to-earnings ratio of -7.54 and a beta of 1.10.

NextDecade Profile

NextDecade Corp. is a development company.