SG Americas Securities LLC raised its position in shares of REX American Resources Corporation (NYSE:REX) by 170.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,712 shares of the energy company’s stock after acquiring an additional 2,969 shares during the period. SG Americas Securities LLC owned approximately 0.07% of REX American Resources Corporation worth $455,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. State of Alaska Department of Revenue increased its position in shares of REX American Resources Corporation by 75.6% during the 2nd quarter. State of Alaska Department of Revenue now owns 1,106 shares of the energy company’s stock valued at $106,000 after purchasing an additional 476 shares during the last quarter. Mason Street Advisors LLC increased its position in shares of REX American Resources Corporation by 7.0% during the 1st quarter. Mason Street Advisors LLC now owns 1,324 shares of the energy company’s stock valued at $120,000 after purchasing an additional 87 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of REX American Resources Corporation by 1.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,933 shares of the energy company’s stock valued at $175,000 after purchasing an additional 28 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of REX American Resources Corporation by 73.2% during the 1st quarter. Victory Capital Management Inc. now owns 2,013 shares of the energy company’s stock valued at $182,000 after purchasing an additional 851 shares during the last quarter. Finally, Thrivent Financial For Lutherans increased its position in shares of REX American Resources Corporation by 3.9% during the 1st quarter. Thrivent Financial For Lutherans now owns 3,180 shares of the energy company’s stock valued at $288,000 after purchasing an additional 120 shares during the last quarter. 89.42% of the stock is currently owned by institutional investors and hedge funds.

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

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REX American Resources Corporation (NYSE REX) opened at 85.97 on Tuesday. The company has a market cap of $563.79 million, a P/E ratio of 16.65 and a beta of 1.64. The stock’s 50 day moving average price is $93.93 and its 200 day moving average price is $92.55. REX American Resources Corporation has a 52-week low of $76.10 and a 52-week high of $107.87.

REX American Resources Corporation (NYSE:REX) last announced its quarterly earnings data on Wednesday, August 30th. The energy company reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $1.12 by $0.67. REX American Resources Corporation had a return on equity of 7.41% and a net margin of 6.26%. The company had revenue of $108.74 million for the quarter. Analysts expect that REX American Resources Corporation will post $4.53 earnings per share for the current year.

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).

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

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