D. E. Shaw & Co. Inc. Invests $371,000 in NextDecade Co. (NASDAQ:NEXT)

D. E. Shaw & Co. Inc. purchased a new position in shares of NextDecade Co. (NASDAQ:NEXT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 48,177 shares of the company’s stock, valued at approximately $371,000.

Several other hedge funds also recently made changes to their positions in NEXT. Bardin Hill Management Partners LP lifted its holdings in NextDecade by 3.9% during the 4th quarter. Bardin Hill Management Partners LP now owns 8,917,873 shares of the company’s stock valued at $68,757,000 after purchasing an additional 334,012 shares during the last quarter. Wolf Hill Capital Management LP lifted its holdings in NextDecade by 330.1% during the 4th quarter. Wolf Hill Capital Management LP now owns 8,142,024 shares of the company’s stock valued at $62,775,000 after purchasing an additional 6,248,757 shares during the last quarter. Catalyst Capital Advisors LLC lifted its holdings in NextDecade by 3.4% during the 4th quarter. Catalyst Capital Advisors LLC now owns 3,750,486 shares of the company’s stock valued at $28,916,000 after purchasing an additional 123,070 shares during the last quarter. Geode Capital Management LLC lifted its holdings in NextDecade by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 3,075,331 shares of the company’s stock valued at $23,717,000 after purchasing an additional 48,401 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in NextDecade by 3.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,101,775 shares of the company’s stock valued at $8,495,000 after purchasing an additional 36,959 shares during the last quarter. 66.74% of the stock is owned by institutional investors.

NextDecade Trading Up 1.3%

Shares of NextDecade stock opened at $7.53 on Tuesday. The business has a fifty day simple moving average of $7.59 and a two-hundred day simple moving average of $7.61. NextDecade Co. has a 1 year low of $4.27 and a 1 year high of $9.71. The company has a market capitalization of $1.96 billion, a price-to-earnings ratio of -6.72 and a beta of 1.05. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.49 and a quick ratio of 0.49.

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

NextDecade Company Profile

NextDecade Corp. is a development company.