Wellington Management Group LLP boosted its stake in shares of REX American Resources Corporation (NYSE:REX) by 5.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 54,377 shares of the energy company’s stock after buying an additional 2,956 shares during the period. Wellington Management Group LLP owned about 0.83% of REX American Resources Corporation worth $4,921,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Mason Street Advisors LLC increased its stake in REX American Resources Corporation by 7.0% in the first quarter. Mason Street Advisors LLC now owns 1,324 shares of the energy company’s stock valued at $120,000 after buying an additional 87 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of REX American Resources Corporation by 17.9% in the first quarter. SG Americas Securities LLC now owns 1,743 shares of the energy company’s stock valued at $158,000 after buying an additional 265 shares during the period. Victory Capital Management Inc. increased its stake in shares of REX American Resources Corporation by 73.2% in the first quarter. Victory Capital Management Inc. now owns 2,013 shares of the energy company’s stock valued at $182,000 after buying an additional 851 shares during the period. State Board of Administration of Florida Retirement System bought a new stake in shares of REX American Resources Corporation during the fourth quarter valued at $266,000. Finally, Employees Retirement System of Texas bought a new stake in shares of REX American Resources Corporation during the fourth quarter valued at $296,000. Hedge funds and other institutional investors own 89.69% of the company’s stock.

Shares of REX American Resources Corporation (REX) traded up 1.26% during midday trading on Friday, reaching $96.79. The company’s stock had a trading volume of 36,923 shares. The firm’s 50 day moving average is $96.77 and its 200 day moving average is $91.00. The firm has a market capitalization of $634.75 million, a price-to-earnings ratio of 18.74 and a beta of 1.59. REX American Resources Corporation has a 52 week low of $64.25 and a 52 week high of $107.87.

REX American Resources Corporation (NYSE:REX) last released its quarterly earnings data on Wednesday, May 24th. The energy company reported $0.69 EPS for the quarter, missing the consensus estimate of $1.21 by $0.52. REX American Resources Corporation had a net margin of 7.29% and a return on equity of 8.96%. The company had revenue of $113.14 million during the quarter. Equities analysts forecast that REX American Resources Corporation will post $4.62 EPS for the current fiscal year.

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Separately, BidaskClub downgraded REX American Resources Corporation from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 12th.

REX American Resources Corporation Company Profile

Rex American Resources Corporation is a holding company. As of January 31, 2017, the Company had invested in three ethanol production entities. It operates through alternative energy segment. As of January 31, 2017, the Company’s ethanol investments include One Earth Energy, LLC (One Earth), NuGen Energy, LLC (NuGen) and Big River Resources, LLC (Big River).

Institutional Ownership by Quarter for REX American Resources Corporation (NYSE:REX)

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