Swiss National Bank Purchases 104,400 Shares of NextDecade Co. (NASDAQ:NEXT)

Swiss National Bank grew its position in NextDecade Co. (NASDAQ:NEXT) by 59.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 280,700 shares of the company’s stock after purchasing an additional 104,400 shares during the quarter. Swiss National Bank owned approximately 0.11% of NextDecade worth $2,164,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of NEXT. Geode Capital Management LLC boosted its holdings in NextDecade by 24.8% in the 3rd quarter. Geode Capital Management LLC now owns 3,026,930 shares of the company’s stock worth $14,260,000 after buying an additional 600,630 shares during the period. State Street Corp lifted its position in shares of NextDecade by 7.1% in the third quarter. State Street Corp now owns 2,330,172 shares of the company’s stock valued at $10,975,000 after acquiring an additional 155,309 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of NextDecade by 43.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,064,816 shares of the company’s stock valued at $5,015,000 after acquiring an additional 321,603 shares in the last quarter. Catalyst Capital Advisors LLC boosted its stake in shares of NextDecade by 3.4% in the fourth quarter. Catalyst Capital Advisors LLC now owns 3,750,486 shares of the company’s stock worth $28,916,000 after acquiring an additional 123,070 shares during the period. Finally, Proficio Capital Partners LLC bought a new stake in NextDecade during the 4th quarter valued at approximately $537,000. 66.74% of the stock is owned by hedge funds and other institutional investors.

NextDecade Stock Down 7.1 %

NASDAQ NEXT opened at $8.41 on Friday. NextDecade Co. has a 12 month low of $4.27 and a 12 month high of $9.71. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 3.17. The stock has a market cap of $2.19 billion, a PE ratio of -7.51 and a beta of 1.18. The stock’s 50 day moving average is $8.08 and its 200 day moving average is $6.95.

NextDecade (NASDAQ:NEXT) last released its earnings results on Thursday, February 27th. The company reported ($1.86) EPS for the quarter, missing the consensus estimate of ($0.19) by ($1.67). Research analysts predict that NextDecade Co. will post -0.61 EPS for the current fiscal year.

NextDecade Profile

NextDecade Corp. is a development company.