Briaud Financial Planning Inc Grows Holdings in NextDecade Co. (NASDAQ:NEXT)

Briaud Financial Planning Inc increased its position in shares of NextDecade Co. (NASDAQ:NEXT) by 29.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,333 shares of the company’s stock after buying an additional 2,109 shares during the period. Briaud Financial Planning Inc’s holdings in NextDecade were worth $71,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Captrust Financial Advisors increased its position in shares of NextDecade by 3.6% in the 3rd quarter. Captrust Financial Advisors now owns 43,544 shares of the company’s stock worth $205,000 after purchasing an additional 1,518 shares during the last quarter. Rhumbline Advisers increased its position in shares of NextDecade by 1.9% in the 4th quarter. Rhumbline Advisers now owns 147,900 shares of the company’s stock worth $1,140,000 after purchasing an additional 2,722 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of NextDecade by 0.9% in the 4th quarter. Bank of New York Mellon Corp now owns 325,367 shares of the company’s stock worth $2,509,000 after purchasing an additional 2,833 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position in shares of NextDecade by 350.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company’s stock worth $35,000 after purchasing an additional 3,485 shares during the last quarter. Finally, Mainstream Capital Management LLC bought a new stake in shares of NextDecade in the 4th quarter worth about $56,000. Hedge funds and other institutional investors own 66.74% of the company’s stock.

NextDecade Price Performance

NEXT opened at $6.75 on Tuesday. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.49 and a current ratio of 0.49. NextDecade Co. has a 1-year low of $4.27 and a 1-year high of $9.47. The company has a 50-day moving average of $8.04 and a 200-day moving average of $6.65. The company has a market capitalization of $1.76 billion, a P/E ratio of -6.03 and a beta of 1.18.

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

About NextDecade

NextDecade Corp. is a development company.