Wells Fargo & Company MN lessened its holdings in REX American Resources Corporation (NYSE:REX) by 7.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 54,122 shares of the energy company’s stock after selling 4,588 shares during the period. Wells Fargo & Company MN owned approximately 0.83% of REX American Resources Corporation worth $5,226,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in REX. Great West Life Assurance Co. Can increased its position in REX American Resources Corporation by 7.4% in the first quarter. Great West Life Assurance Co. Can now owns 8,325 shares of the energy company’s stock worth $753,000 after purchasing an additional 575 shares during the last quarter. Bank of New York Mellon Corp increased its position in REX American Resources Corporation by 15.7% in the first quarter. Bank of New York Mellon Corp now owns 91,273 shares of the energy company’s stock worth $8,260,000 after purchasing an additional 12,358 shares during the last quarter. Comerica Bank increased its position in REX American Resources Corporation by 3.8% in the first quarter. Comerica Bank now owns 6,247 shares of the energy company’s stock worth $602,000 after purchasing an additional 227 shares during the last quarter. Karp Capital Management Corp bought a new stake in REX American Resources Corporation in the first quarter worth $555,000. Finally, Parametric Portfolio Associates LLC increased its position in REX American Resources Corporation by 53.8% in the first quarter. Parametric Portfolio Associates LLC now owns 24,218 shares of the energy company’s stock worth $2,191,000 after purchasing an additional 8,475 shares during the last quarter. Institutional investors own 89.28% of the company’s stock.

Separately, BidaskClub cut shares of REX American Resources Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 24th.

In other news, Director Lawrence Tomchin sold 1,000 shares of REX American Resources Corporation stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $96.00, for a total transaction of $96,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Douglas Bruggeman sold 1,218 shares of REX American Resources Corporation stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $95.47, for a total value of $116,282.46. The disclosure for this sale can be found here. 14.70% of the stock is owned by insiders.

Shares of REX American Resources Corporation (NYSE:REX) opened at 91.63 on Friday. The company has a 50-day moving average of $91.33 and a 200 day moving average of $94.29. The company has a market cap of $601.64 million, a PE ratio of 20.96 and a beta of 1.66. REX American Resources Corporation has a 12 month low of $76.10 and a 12 month 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 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.67). The firm had revenue of $108.74 million during the quarter. REX American Resources Corporation had a net margin of 6.26% and a return on equity of 7.41%. On average, analysts anticipate that REX American Resources Corporation will post $4.53 earnings per share for the current year.

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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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