Barclays PLC Purchases 22,314 Shares of NextDecade Co. (NASDAQ:NEXT)

Barclays PLC boosted its position in shares of NextDecade Co. (NASDAQ:NEXT) by 33.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 89,871 shares of the company’s stock after buying an additional 22,314 shares during the period. Barclays PLC owned approximately 0.06% of NextDecade worth $446,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. New York State Common Retirement Fund lifted its stake in shares of NextDecade by 30.7% in the 4th quarter. New York State Common Retirement Fund now owns 161,404 shares of the company’s stock valued at $797,000 after purchasing an additional 37,940 shares during the last quarter. Riposte Capital LLC purchased a new position in NextDecade during the 4th quarter worth $3,494,000. Pacer Advisors Inc. increased its holdings in NextDecade by 23.1% during the 1st quarter. Pacer Advisors Inc. now owns 205,177 shares of the company’s stock worth $1,020,000 after purchasing an additional 38,566 shares during the period. Jennison Associates LLC purchased a new position in shares of NextDecade in the 1st quarter valued at $6,004,000. Finally, SL Advisors LLC increased its holdings in shares of NextDecade by 72.8% in the 1st quarter. SL Advisors LLC now owns 770,493 shares of the company’s stock valued at $3,829,000 after acquiring an additional 324,552 shares during the period.

NextDecade Stock Up 1.2 %

Shares of NextDecade stock opened at $6.11 on Tuesday. NextDecade Co. has a twelve month low of $3.92 and a twelve month high of $8.74. The business has a 50-day moving average price of $6.69 and a 200 day moving average price of $6.13. The firm has a market cap of $1.48 billion, a PE ratio of -8.37 and a beta of 1.07.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Stifel Nicolaus upgraded NextDecade from a “hold” rating to a “buy” rating and lifted their price target for the company from $7.50 to $9.00 in a report on Tuesday, August 15th. Wolfe Research raised NextDecade from a “peer perform” rating to an “outperform” rating and set a $8.00 price objective for the company in a report on Wednesday, August 16th.

NextDecade Company Profile

NextDecade Corp. is a development company.