REX American Resources Corp. (NYSE:REX) is set to post its Q316 quarterly earnings results on Tuesday, November 29th. Analysts expect REX American Resources Corp. to post earnings of $1.14 per share and revenue of $110.48 million for the quarter.

Earnings History for REX American Resources Corp. (NYSE:REX)

Shares of REX American Resources Corp. (NYSE:REX) opened at 89.32 on Friday. The firm has a market cap of $587.90 million, a P/E ratio of 27.17 and a beta of 2.06. The stock has a 50 day moving average of $82.87 and a 200 day moving average of $71.40. REX American Resources Corp. has a 52 week low of $44.48 and a 52 week high of $89.70.

In related news, CFO Douglas Bruggeman sold 1,500 shares of the stock in a transaction on Thursday, September 8th. The shares were sold at an average price of $85.00, for a total transaction of $127,500.00. Following the completion of the transaction, the chief financial officer now owns 33,651 shares in the company, valued at $2,860,335. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lawrence Tomchin sold 1,000 shares of the stock in a transaction on Friday, September 30th. The stock was sold at an average price of $85.00, for a total transaction of $85,000.00. Following the transaction, the director now owns 137,380 shares of the company’s stock, valued at approximately $11,677,300. The disclosure for this sale can be found here. Insiders own 14.70% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the company. American International Group Inc. boosted its position in shares of REX American Resources Corp. by 0.5% in the third quarter. American International Group Inc. now owns 4,210 shares of the company’s stock valued at $357,000 after buying an additional 22 shares during the last quarter. BlackRock Advisors LLC boosted its position in shares of REX American Resources Corp. by 3.5% in the second quarter. BlackRock Advisors LLC now owns 2,838 shares of the company’s stock valued at $170,000 after buying an additional 96 shares during the last quarter. California State Teachers Retirement System boosted its position in shares of REX American Resources Corp. by 0.8% in the third quarter. California State Teachers Retirement System now owns 11,971 shares of the company’s stock valued at $1,015,000 after buying an additional 100 shares during the last quarter. United Services Automobile Association boosted its position in shares of REX American Resources Corp. by 2.6% in the third quarter. United Services Automobile Association now owns 7,050 shares of the company’s stock valued at $598,000 after buying an additional 180 shares during the last quarter. Finally, BlackRock Inc. boosted its position in shares of REX American Resources Corp. by 10.8% in the third quarter. BlackRock Inc. now owns 1,929 shares of the company’s stock valued at $164,000 after buying an additional 188 shares during the last quarter. Institutional investors and hedge funds own 90.52% of the company’s stock.

Separately, Feltl & Co. began coverage on shares of REX American Resources Corp. in a research report on Thursday, September 15th. They set a “buy” rating and a $94.50 price objective for the company.

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REX American Resources Corp. Company Profile

Rex American Resources Corporation is a holding company. The Company has invested in approximately three ethanol production entities, two of which the Company has a majority ownership interest in. The Company operates through alternative energy segment. The Company’s ethanol investments include One Earth Energy, LLC (One Earth), NuGen Energy, LLC (NuGen) and Big River Resources, LLC (Big River).

5 Day Chart for NYSE:REX

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