M.E. Allison & CO. Inc. bought a new position in NextDecade Co. (NASDAQ:NEXT – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 115,450 shares of the company’s stock, valued at approximately $890,000. NextDecade comprises about 1.0% of M.E. Allison & CO. Inc.’s investment portfolio, making the stock its 26th largest position.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Rhumbline Advisers boosted its holdings in shares of NextDecade by 49.4% in the 2nd quarter. Rhumbline Advisers now owns 157,612 shares of the company’s stock valued at $1,251,000 after buying an additional 52,128 shares during the period. American Century Companies Inc. acquired a new position in NextDecade during the 2nd quarter valued at about $157,000. Westwood Holdings Group Inc. boosted its stake in NextDecade by 8.5% during the 2nd quarter. Westwood Holdings Group Inc. now owns 415,675 shares of the company’s stock valued at $3,300,000 after purchasing an additional 32,605 shares during the period. Marshall Wace LLP boosted its stake in NextDecade by 21.9% during the 2nd quarter. Marshall Wace LLP now owns 12,800 shares of the company’s stock valued at $102,000 after purchasing an additional 2,300 shares during the period. Finally, ELCO Management Co. LLC boosted its stake in NextDecade by 14.4% during the 2nd quarter. ELCO Management Co. LLC now owns 137,257 shares of the company’s stock valued at $1,090,000 after purchasing an additional 17,290 shares during the period. Institutional investors own 66.74% of the company’s stock.
NextDecade Stock Up 0.7 %
NextDecade stock opened at $9.10 on Monday. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.49 and a quick ratio of 0.49. The firm has a 50-day moving average price of $7.34 and a two-hundred day moving average price of $6.38. NextDecade Co. has a 52-week low of $4.27 and a 52-week high of $9.37.
NextDecade Company Profile
NextDecade Corp. is a development company.
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