Principal Monetary Group Inc. lifted its stake in shares of NextDecade Co. (NASDAQ:NEXT – Free Report) by 49.0% throughout the second quarter, in keeping with the corporate in its most up-to-date submitting with the Securities & Alternate Fee. The agency owned 15,619 shares of the corporate’s inventory after buying a further 5,133 shares throughout the quarter. Principal Monetary Group Inc.’s holdings in NextDecade have been value $124,000 on the finish of the newest quarter.
A number of different hedge funds and different institutional buyers have additionally made modifications to their positions in NEXT. Amalgamated Financial institution raised its place in shares of NextDecade by 138.1% within the fourth quarter. Amalgamated Financial institution now owns 11,187 shares of the corporate’s inventory valued at $53,000 after shopping for a further 6,489 shares over the last quarter. Banque Pictet & Cie SA purchased a brand new place in NextDecade throughout the 2nd quarter valued at $108,000. Carlton Hofferkamp & Jenks Wealth Administration LLC purchased a brand new place in NextDecade throughout the 1st quarter value roughly $87,000. Worth T Rowe Associates Inc. MD lifted its place in shares of NextDecade by 12.3% within the 1st quarter. Worth T Rowe Associates Inc. MD now owns 22,511 shares of the corporate’s inventory value $128,000 after shopping for a further 2,458 shares over the last quarter. Lastly, Aigen Funding Administration LP acquired a brand new stake in NextDecade within the fourth quarter value $153,000. Institutional buyers and hedge funds personal 66.74% of the corporate’s inventory.
Analysts Set New Worth Targets
Individually, TD Cowen upped their value goal on shares of NextDecade from $7.00 to $9.00 and gave the corporate a “purchase” score in a report on Thursday, June sixth.
Learn Our Newest Analysis Report on NEXT
Insiders Place Their Bets
In associated information, main shareholder Hgc Subsequent Inv Llc bought 11,690,909 shares of the agency’s inventory in a transaction that occurred on Monday, July twenty ninth. The shares have been acquired at a mean value of $7.50 per share, with a complete worth of $87,681,817.50. Following the acquisition, the insider now immediately owns 17,536,369 shares within the firm, valued at $131,522,767.50. The acquisition was disclosed in a submitting with the Securities & Alternate Fee, which is accessible at this hyperlink. In different NextDecade information, main shareholder Hgc Subsequent Inv Llc bought 11,690,909 shares of the enterprise’s inventory in a transaction that occurred on Monday, July twenty ninth. The inventory was acquired at a mean price of $7.50 per share, with a complete worth of $87,681,817.50. Following the completion of the acquisition, the insider now immediately owns 17,536,369 shares of the corporate’s inventory, valued at roughly $131,522,767.50. The transaction was disclosed in a doc filed with the Securities & Alternate Fee, which is accessible by means of the SEC web site. Additionally, Director York Capital Administration International offered 35,072,737 shares of NextDecade inventory in a transaction on Thursday, July twenty fifth. The shares have been offered at a mean value of $7.50, for a complete worth of $263,045,527.50. Following the completion of the sale, the director now immediately owns 4,264,298 shares of the corporate’s inventory, valued at $31,982,235. The disclosure for this sale may be discovered right here. Company insiders personal 1.20% of the corporate’s inventory.
NextDecade Inventory Up 6.3 %
Shares of NASDAQ:NEXT opened at $4.88 on Monday. The corporate has a present ratio of 0.45, a fast ratio of 0.45 and a debt-to-equity ratio of two.22. NextDecade Co. has a 1 12 months low of $4.01 and a 1 12 months excessive of $8.52. The enterprise has a fifty day easy shifting common of $6.13 and a 200 day easy shifting common of $6.42.
NextDecade (NASDAQ:NEXT – Get Free Report) final launched its quarterly earnings outcomes on Wednesday, August 14th. The corporate reported ($0.39) earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of ($0.11) by ($0.28). On common, equities analysis analysts count on that NextDecade Co. will publish -1.23 EPS for the present fiscal 12 months.
NextDecade Profile
NextDecade Corp. is a improvement firm.
See Additionally
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