Nomura Holdings Inc. Boosts Stock Holdings in NextDecade Co. (NASDAQ:NEXT)

Nomura Holdings Inc. lifted its holdings in NextDecade Co. (NASDAQ:NEXTFree Report) by 87.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 500,995 shares of the company’s stock after purchasing an additional 233,043 shares during the period. Nomura Holdings Inc. owned about 0.19% of NextDecade worth $3,863,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Steward Partners Investment Advisory LLC lifted its position in shares of NextDecade by 350.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company’s stock valued at $35,000 after buying an additional 3,485 shares during the last quarter. Mainstream Capital Management LLC purchased a new stake in NextDecade during the fourth quarter valued at approximately $56,000. Tower Research Capital LLC TRC boosted its stake in NextDecade by 201.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,797 shares of the company’s stock valued at $60,000 after acquiring an additional 5,212 shares in the last quarter. 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 valued at $71,000 after acquiring an additional 2,109 shares in the last quarter. Finally, Brevan Howard Capital Management LP purchased a new position in NextDecade in the fourth quarter worth $82,000. Hedge funds and other institutional investors own 66.74% of the company’s stock.

NextDecade Trading Down 6.1%

Shares of NASDAQ:NEXT opened at $7.70 on Friday. The firm has a market capitalization of $2.01 billion, a P/E ratio of -6.87 and a beta of 1.05. 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 business’s 50-day moving average is $7.59 and its 200 day moving average is $7.52. NextDecade Co. has a 1 year low of $4.27 and a 1 year high of $9.71.

NextDecade (NASDAQ:NEXTGet 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). On average, research analysts predict that NextDecade Co. will post -0.61 earnings per share for the current fiscal year.

NextDecade 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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