Catalyst Capital Advisors LLC Has $28.92 Million Stake in NextDecade Co. (NASDAQ:NEXT)

Catalyst Capital Advisors LLC raised its stake in shares of NextDecade Co. (NASDAQ:NEXT) by 3.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,750,486 shares of the company’s stock after purchasing an additional 123,070 shares during the period. NextDecade accounts for approximately 0.6% of Catalyst Capital Advisors LLC’s investment portfolio, making the stock its 26th biggest position. Catalyst Capital Advisors LLC’s holdings in NextDecade were worth $28,916,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Twin Securities Inc. acquired a new position in shares of NextDecade in the 3rd quarter worth approximately $52,000. Wealth Enhancement Advisory Services LLC acquired a new position in NextDecade in the third quarter valued at $77,000. Stoneridge Investment Partners LLC acquired a new position in NextDecade in the fourth quarter valued at $91,000. Clear Harbor Asset Management LLC bought a new stake in NextDecade during the third quarter valued at $99,000. Finally, ARS Investment Partners LLC bought a new position in shares of NextDecade in the 4th quarter worth about $124,000. 66.74% of the stock is owned by institutional investors and hedge funds.

NextDecade Stock Up 2.5 %

Shares of NASDAQ:NEXT opened at $8.12 on Monday. NextDecade Co. has a 1 year low of $4.27 and a 1 year high of $9.47. 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 business’s 50-day moving average is $7.77 and its 200-day moving average is $6.43.

NextDecade Profile

NextDecade Corp. is a development company.