Wealth Enhancement Advisory Services LLC Makes New $77,000 Investment in NextDecade Co. (NASDAQ:NEXT)

Wealth Enhancement Advisory Services LLC purchased a new position in shares of NextDecade Co. (NASDAQ:NEXT) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 16,320 shares of the company’s stock, valued at approximately $77,000.

A number of other large investors also recently added to or reduced their stakes in the company. Marshall Wace LLP raised its stake in shares of NextDecade by 21.9% in the second 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 in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of NextDecade by 12.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 22,511 shares of the company’s stock worth $128,000 after purchasing an additional 2,458 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of NextDecade by 49.0% during the second quarter. Principal Financial Group Inc. now owns 15,619 shares of the company’s stock worth $124,000 after purchasing an additional 5,133 shares during the last quarter. Swiss National Bank grew its holdings in shares of NextDecade by 6.4% during the first quarter. Swiss National Bank now owns 177,200 shares of the company’s stock worth $1,006,000 after buying an additional 10,700 shares during the last quarter. Finally, Banque Pictet & Cie SA purchased a new position in shares of NextDecade during the second quarter worth about $108,000. 66.74% of the stock is currently owned by institutional investors and hedge funds.

NextDecade Stock Performance

NASDAQ NEXT opened at $7.10 on Thursday. The company has a quick ratio of 0.45, a current ratio of 0.49 and a debt-to-equity ratio of 3.17. NextDecade Co. has a 52-week low of $4.26 and a 52-week high of $8.52. The business’s 50-day moving average price is $5.41 and its 200 day moving average price is $6.39. The firm has a market cap of $1.85 billion, a P/E ratio of -6.34 and a beta of 1.25.

NextDecade (NASDAQ:NEXT) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.28). On average, equities research analysts expect that NextDecade Co. will post -0.59 earnings per share for the current year.

NextDecade Profile

NextDecade Corp. is a development company.