2 weeks Ago By Defense World Staff
Dimensional Fund Advisors LP lessened its holdings in REX American Resources Co. ( NYSE:REX – Free Report ) by 3.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).
The fund owned 1,385,527 shares of the energy company’s stock after selling 55,625 shares during the quarter. Dimensional Fund Advisors LP owned approximately 7.92% of REX American Resources worth $63,166,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. CWM LLC boosted its position in shares of REX American Resources by 1,944.1% during the 2nd quarter.
CWM LLC now owns 1,206 shares of the energy company’s stock worth $55,000 after acquiring an additional 1,147 shares in the last quarter. EntryPoint Capital LLC acquired a new position in REX American Resources in the first quarter valued at approximately $133,000. SG Americas Securities LLC purchased a new position in REX American Resources in the first quarter valued at approximately $139,000.
Allspring Global Investments Holdings LLC increased its stake in REX American Resources by 163.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,554 shares of the energy company’s stock valued at $150,000 after purchasing an additional 1,583 shares during the last quarter.
Finally, Concourse Financial Group Securities Inc. acquired a new stake in REX American Resources during the first quarter worth approximately $164,000. 88.
12% of the stock is currently owned by institutional investors and hedge funds. Analyst Upgrades and Downgrades Separately, Truist Financial reduced their price target on shares of REX American Resources from $65.00 to $60.
00 and set a “buy” rating for the company in a research report on Tuesday, August 27th. REX American Resources Stock Up 3.1 % NYSE:REX opened at $46.
12 on Friday. The company has a market capitalization of $807.28 million, a PE ratio of 12.
30 and a beta of 0.94. REX American Resources Co.
has a 52-week low of $35.73 and a 52-week high of $60.78.
The stock’s 50 day moving average price is $45.54 and its 200 day moving average price is $49.12.
REX American Resources ( NYSE:REX – Get Free Report ) last announced its earnings results on Tuesday, August 27th. The energy company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.
44 by $0.26. REX American Resources had a net margin of 9.
64% and a return on equity of 11.69%. The business had revenue of $148.
16 million for the quarter, compared to analyst estimates of $146.00 million. During the same period last year, the firm posted $0.
52 earnings per share. As a group, sell-side analysts anticipate that REX American Resources Co. will post 2.
6 EPS for the current fiscal year. REX American Resources Profile ( Free Report ) REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol in the United States. The company also offers corn, distillers grains, ethanol, distillers corn oil, gasoline, and natural gas.
In addition, it provides dry distillers grains with solubles, which is used as a protein in animal feed. Featured Stories Five stocks we like better than REX American Resources Upcoming IPO Stock Lockup Period, Explained Can Costco Stock Hit New Highs as Interest Rates Drop? Basic Materials Stocks Investing These 3 Stocks Show How to Navigate Declining Consumer Confidence Election Stocks: How Elections Affect the Stock Market MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy? Want to see what other hedge funds are holding REX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for REX American Resources Co.
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