NextDecade Co. (NASDAQ:NEXT) Shares Bought by SG Americas Securities LLC

Posted by Defense World Staff on Feb 5th, 2025

SG Americas Securities LLC raised its position in NextDecade Co. (NASDAQ:NEXT – Free Report) by 47.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 43,208 shares of the company’s stock after acquiring an additional 13,807 shares during the period. SG Americas Securities LLC’s holdings in NextDecade were worth $333,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in NEXT. Hotchkis & Wiley Capital Management LLC lifted its position in NextDecade by 97.8% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 4,623,370 shares of the company’s stock valued at $21,776,000 after purchasing an additional 2,286,050 shares during the period. Catalyst Capital Advisors LLC lifted its holdings in shares of NextDecade by 4.3% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 3,627,416 shares of the company’s stock valued at $17,085,000 after buying an additional 150,800 shares during the period. Geode Capital Management LLC boosted its stake in shares of NextDecade by 24.8% in the third quarter. Geode Capital Management LLC now owns 3,026,930 shares of the company’s stock valued at $14,260,000 after buying an additional 600,630 shares in the last quarter. State Street Corp grew its holdings in NextDecade by 7.1% during the third quarter. State Street Corp now owns 2,330,172 shares of the company’s stock worth $10,975,000 after acquiring an additional 155,309 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in NextDecade by 43.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,064,816 shares of the company’s stock worth $5,015,000 after acquiring an additional 321,603 shares in the last quarter. Hedge funds and other institutional investors own 66.74% of the company’s stock.

NextDecade Price Performance

Shares of NASDAQ NEXT opened at $8.40 on Wednesday. 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 one year low of $4.27 and a one year high of $9.47. The firm has a market capitalization of $2.19 billion, a P/E ratio of -7.50 and a beta of 1.27. The company’s fifty day moving average is $7.63 and its two-hundred day moving average is $6.43.

NextDecade (NASDAQ:NEXT – Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported $0.80 earnings per share for the quarter, topping the consensus estimate of ($0.22) by $1.02. Analysts forecast that NextDecade Co. will post -0.59 EPS for the current fiscal year.