Royce & Associates LP Takes Position in REX American Resources Corp (NYSE:REX)

Royce & Associates LP bought a new position in REX American Resources Corp (NYSE:REX) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 3,446 shares of the energy company’s stock, valued at approximately $278,000. Royce & Associates LP owned 0.05% of REX American Resources at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Quantamental Technologies LLC bought a new stake in REX American Resources during the first quarter worth about $30,000. BNP Paribas Arbitrage SA grew its stake in shares of 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 purchasing an additional 1,170 shares during the last quarter. Metropolitan Life Insurance Co. NY grew its stake in shares of REX American Resources by 372.9% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 2,024 shares of the energy company’s stock valued at $138,000 after purchasing an additional 1,596 shares during the last quarter. Oregon Public Employees Retirement Fund bought a new stake in shares of REX American Resources during the fourth quarter valued at approximately $147,000. Finally, SG Americas Securities LLC grew its stake in shares of REX American Resources by 42.9% during the fourth quarter. SG Americas Securities LLC now owns 2,820 shares of the energy company’s stock valued at $192,000 after purchasing an additional 846 shares during the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Shares of REX traded down $1.50 during mid-day trading on Monday, hitting $71.40. 75,600 shares of the company traded hands, compared to its average volume of 32,695. REX American Resources Corp has a one year low of $61.71 and a one year high of $89.80. The stock has a market capitalization of $457.08 million, a PE ratio of 18.65 and a beta of 0.94. The company has a debt-to-equity ratio of 0.03, a current ratio of 12.48 and a quick ratio of 11.49. The business has a 50-day simple moving average of $73.54.

REX American Resources (NYSE:REX) last announced its quarterly earnings data on Thursday, May 30th. The energy company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.53 by ($1.08). REX American Resources had a net margin of 5.31% and a return on equity of 5.61%. The business had revenue of $104.58 million during the quarter.

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

About REX American Resources

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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