Vontobel Holding Ltd. Cuts Stake in NextDecade Co. (NASDAQ:NEXT)

Vontobel Holding Ltd. lessened its stake in NextDecade Co. (NASDAQ:NEXTFree Report) by 10.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 21,270 shares of the company’s stock after selling 2,427 shares during the quarter. Vontobel Holding Ltd.’s holdings in NextDecade were worth $101,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Lasry Marc purchased a new position in NextDecade in the third quarter valued at about $36,764,000. Vanguard Group Inc. grew its stake in NextDecade by 58.6% in the third quarter. Vanguard Group Inc. now owns 6,652,380 shares of the company’s stock valued at $34,060,000 after purchasing an additional 2,459,173 shares during the last quarter. Catalyst Capital Advisors LLC boosted its holdings in NextDecade by 1.0% in the third quarter. Catalyst Capital Advisors LLC now owns 2,741,295 shares of the company’s stock worth $14,035,000 after acquiring an additional 26,540 shares in the last quarter. UBS Group AG boosted its holdings in NextDecade by 337.0% in the third quarter. UBS Group AG now owns 1,892,593 shares of the company’s stock worth $9,690,000 after acquiring an additional 1,459,457 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in NextDecade by 7,187.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 929,487 shares of the company’s stock worth $4,434,000 after acquiring an additional 916,732 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 $6.29 on Thursday. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.57 and a current ratio of 0.57. The company has a market cap of $1.61 billion, a PE ratio of -8.17 and a beta of 1.32. The business has a 50-day simple moving average of $5.46 and a two-hundred day simple moving average of $4.97. NextDecade Co. has a fifty-two week low of $4.01 and a fifty-two week high of $8.74.

About NextDecade

(Free Report)

NextDecade Corp. is a development company.

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Institutional Ownership by Quarter for NextDecade (NASDAQ:NEXT)

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