California Public Employees Retirement System Has $3.74 Million Stake in REX American Resources Corporation (REX)

California Public Employees Retirement System lessened its stake in shares of REX American Resources Corporation (NYSE:REX) by 8.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 38,700 shares of the energy company’s stock after selling 3,500 shares during the period. California Public Employees Retirement System owned 0.59% of REX American Resources Corporation worth $3,737,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC raised its holdings in REX American Resources Corporation by 60.5% in the 1st quarter. AQR Capital Management LLC now owns 157,667 shares of the energy company’s stock valued at $14,268,000 after buying an additional 59,425 shares during the period. Thomson Horstmann & Bryant Inc. purchased a new stake in REX American Resources Corporation in the 2nd quarter valued at about $5,666,000. Marshall Wace North America L.P. raised its holdings in REX American Resources Corporation by 399.7% in the 2nd quarter. Marshall Wace North America L.P. now owns 64,428 shares of the energy company’s stock valued at $6,250,000 after buying an additional 51,534 shares during the period. Vanguard Group Inc. raised its holdings in REX American Resources Corporation by 11.2% in the 2nd quarter. Vanguard Group Inc. now owns 370,017 shares of the energy company’s stock valued at $35,729,000 after buying an additional 37,335 shares during the period. Finally, Prudential Financial Inc. raised its holdings in REX American Resources Corporation by 85.4% in the 2nd quarter. Prudential Financial Inc. now owns 79,376 shares of the energy company’s stock valued at $7,664,000 after buying an additional 36,568 shares during the period. Institutional investors and hedge funds own 89.55% of the company’s stock.

Shares of REX American Resources Corporation (NYSE REX) opened at 90.53 on Tuesday. The company has a 50-day moving average of $91.19 and a 200 day moving average of $94.46. The stock has a market capitalization of $594.42 million, a price-to-earnings ratio of 20.71 and a beta of 1.66. REX American Resources Corporation has a one year low of $76.10 and a one year high of $107.87.

REX American Resources Corporation (NYSE:REX) last issued its quarterly earnings results on Wednesday, August 30th. The energy company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $108.74 million during the quarter. Equities research analysts forecast that REX American Resources Corporation will post $4.53 earnings per share for the current fiscal year.

In other REX American Resources Corporation news, CFO Douglas Bruggeman sold 1,218 shares of the firm’s stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $95.47, for a total value of $116,282.46. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lawrence Tomchin sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $96.00, for a total value of $96,000.00. The disclosure for this sale can be found here. 12.20% of the stock is currently owned by company insiders.

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

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REX American Resources Corporation 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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