Westwood Holdings Group Inc. Acquires 345,489 Shares of NextDecade Co. (NASDAQ:NEXT)

Westwood Holdings Group Inc. increased its holdings in shares of NextDecade Co. (NASDAQ:NEXT) by 47.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,075,532 shares of the company’s stock after buying an additional 345,489 shares during the period. Westwood Holdings Group Inc.’s holdings in NextDecade were worth $8,292,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC increased its stake in NextDecade by 350.6% in the fourth 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. Mainstream Capital Management LLC bought a new stake in NextDecade in the fourth quarter valued at approximately $56,000. Tower Research Capital LLC TRC increased its stake in NextDecade by 201.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,797 shares of the company’s stock valued at $60,000 after purchasing an additional 5,212 shares in the last quarter. Briaud Financial Planning Inc increased its stake in NextDecade by 29.2% in the fourth quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company’s stock valued at $71,000 after purchasing an additional 2,109 shares in the last quarter. Finally, Quantinno Capital Management LP bought a new stake in NextDecade in the fourth quarter valued at approximately $79,000. Institutional investors own 66.74% of the company’s stock.

NextDecade Stock Down 4.9%

Shares of NASDAQ:NEXT opened at $7.38 on Wednesday. NextDecade Co. has a 52 week low of $4.27 and a 52 week high of $9.71. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.49 and a current ratio of 0.49. The company has a market capitalization of $1.93 billion, a PE ratio of -6.59 and a beta of 1.05. The company has a 50 day moving average price of $7.63 and a two-hundred day moving average price of $7.57.

NextDecade (NASDAQ:NEXT) last issued 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). Analysts forecast that NextDecade Co. will post -0.61 earnings per share for the current year.

NextDecade Profile

NextDecade Corp. is a development company.