Rhumbline Advisers Buys 18,190 Shares of NextDecade Corporation (NASDAQ:NEXT)

Rhumbline Advisers grew its stake in shares of NextDecade Corporation (NASDAQ:NEXT) by 12.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 166,090 shares of the company’s stock after purchasing an additional 18,190 shares during the period. Rhumbline Advisers owned approximately 0.06% of NextDecade worth $1,292,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of NEXT. Steward Partners Investment Advisory LLC boosted its stake in shares of NextDecade by 350.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company’s stock valued at $35,000 after purchasing an additional 3,485 shares in the last quarter. GAMMA Investing LLC grew its holdings in NextDecade by 2,302.6% in the first quarter. GAMMA Investing LLC now owns 6,535 shares of the company’s stock worth $51,000 after purchasing an additional 6,263 shares during the period. Mainstream Capital Management LLC purchased a new stake in NextDecade in the fourth quarter worth about $56,000. Tower Research Capital LLC TRC boosted its position in shares of NextDecade by 201.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 7,797 shares of the company’s stock worth $60,000 after purchasing an additional 5,212 shares in the last quarter. Finally, Briaud Financial Planning Inc boosted its position in shares of NextDecade by 29.2% in the 4th quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company’s stock worth $71,000 after purchasing an additional 2,109 shares in the last quarter. Institutional investors own 66.74% of the company’s stock.

NextDecade Stock Performance

NextDecade stock opened at $8.46 on Thursday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 2.64. The stock’s 50 day moving average is $7.75 and its 200 day moving average is $7.71. NextDecade Corporation has a twelve month low of $4.27 and a twelve month high of $9.71. The company has a market capitalization of $2.21 billion, a P/E ratio of -12.44 and a beta of 1.10.

NextDecade Profile

NextDecade Corp. is a development company.