Pacer Advisors Inc. boosted its position in shares of REX American Resources Corp (NYSE:REX) by 102.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 2,517 shares of the energy company’s stock after buying an additional 1,274 shares during the quarter. Pacer Advisors Inc.’s holdings in REX American Resources were worth $183,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of Montreal Can increased its stake in REX American Resources by 91.4% during the second quarter. Bank of Montreal Can now owns 999 shares of the energy company’s stock valued at $73,000 after acquiring an additional 477 shares during the period. BNP Paribas Arbitrage SA increased its stake in REX American Resources by 29,250.0% during the first quarter. BNP Paribas Arbitrage SA now owns 1,174 shares of the energy company’s stock valued at $95,000 after acquiring an additional 1,170 shares during the period. Westside Investment Management Inc. bought a new stake in shares of REX American Resources in the 2nd quarter valued at approximately $185,000. Crossmark Global Holdings Inc. bought a new stake in shares of REX American Resources in the 1st quarter valued at approximately $211,000. Finally, New York State Teachers Retirement System grew its stake in shares of REX American Resources by 31.8% in the 2nd quarter. New York State Teachers Retirement System now owns 3,318 shares of the energy company’s stock valued at $242,000 after purchasing an additional 800 shares during the period. Hedge funds and other institutional investors own 87.36% of the company’s stock.

In related news, Director Mervyn L. Alphonso sold 764 shares of the stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $77.85, for a total transaction of $59,477.40. Following the sale, the director now directly owns 1,005 shares in the company, valued at approximately $78,239.25. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 11.40% of the stock is owned by corporate insiders.

NYSE REX traded down $1.72 during trading hours on Tuesday, reaching $78.63. 611 shares of the company’s stock were exchanged, compared to its average volume of 46,891. The stock has a market cap of $486.98 million, a PE ratio of 27.25 and a beta of 0.92. REX American Resources Corp has a one year low of $61.71 and a one year high of $89.80. The firm has a fifty day moving average of $72.78 and a 200-day moving average of $76.85. The company has a current ratio of 11.63, a quick ratio of 10.64 and a debt-to-equity ratio of 0.03.

REX American Resources (NYSE:REX) last released its quarterly earnings results on Thursday, August 29th. The energy company reported $0.36 EPS for the quarter, missing the Zacks’ consensus estimate of $1.19 by ($0.83). The business had revenue of $105.87 million for the quarter. REX American Resources had a return on equity of 4.02% and a net margin of 4.02%.

Separately, TheStreet lowered REX American Resources from a “b-” rating to a “c+” rating in a research note on Thursday, June 13th.

REX American Resources Company Profile

REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol. It operates through two segments, Ethanol and By-Products, and Refined Coal. The company also offers dried distillers grains, modified distillers grains, non-food grade corn oil, and others. In addition, it provides dry distillers grains with solubles, which is used as a protein in animal feed; and produces, processes, and sells refined coal.

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

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