REX American Resources Corporation $REX Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its position in shares of REX American Resources Corporation (NYSE:REX) by 3.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,896,068 shares of the energy company’s stock after selling 68,153 shares during the period. Dimensional Fund Advisors LP owned about 0.06% of REX American Resources worth $86,410,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Parallel Advisors LLC grew its holdings in REX American Resources by 75.6% during the 1st quarter. Parallel Advisors LLC now owns 2,002 shares of the energy company’s stock valued at $91,000 after purchasing an additional 862 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in REX American Resources by 0.8% in the 1st quarter. Principal Financial Group Inc. now owns 163,362 shares of the energy company’s stock worth $7,444,000 after buying an additional 1,288 shares in the last quarter. Fifth Third Bancorp lifted its holdings in REX American Resources by 3,893.8% in the 1st quarter. Fifth Third Bancorp now owns 7,748 shares of the energy company’s stock worth $353,000 after buying an additional 7,554 shares in the last quarter. Hsbc Holdings PLC boosted its position in REX American Resources by 18.6% in the 1st quarter. Hsbc Holdings PLC now owns 16,677 shares of the energy company’s stock valued at $778,000 after buying an additional 2,618 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in REX American Resources in the 1st quarter valued at about $1,800,000. 88.12% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at REX American Resources

In related news, CFO Douglas Bruggeman sold 5,086 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $48.73, for a total value of $247,840.78. Following the sale, the chief financial officer owned 254,084 shares of the company’s stock, valued at approximately $12,381,513.32. This trade represents a 1.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Stuart A. Rose sold 69,335 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $43.77, for a total value of $3,034,792.95. Following the completion of the sale, the insider directly owned 588,280 shares in the company, valued at approximately $25,749,015.60. This trade represents a 10.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 105,086 shares of company stock valued at $4,643,829 over the last ninety days. Corporate insiders own 13.21% of the company’s stock.

REX American Resources Stock Performance

NYSE REX opened at $43.69 on Friday. REX American Resources Corporation has a one year low of $24.88 and a one year high of $53.36. The company has a 50-day simple moving average of $45.49 and a 200-day simple moving average of $42.19. The firm has a market capitalization of $1.44 billion, a PE ratio of 15.58 and a beta of 0.62.

REX American Resources (NYSE:REX) last released its quarterly earnings data on Thursday, May 28th. The energy company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.42. REX American Resources had a net margin of 14.30% and a return on equity of 13.67%. The firm had revenue of $156.50 million for the quarter, compared to analyst estimates of $167.23 million.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded REX American Resources from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

About REX American Resources

REX American Resources Corp. is a diversified agribusiness and renewable energy company headquartered in Kansas City, Missouri. Founded in 2005 through a reorganization of existing agricultural interests, the company focuses on two primary business segments: fuel ethanol production and specialty ingredient solutions. REX American Resources leverages its integrated operations to supply clean-burning fuel, animal feed co-products and sweetener ingredients to a broad customer base in North America and beyond.

In its alcohol fuels segment, the company operates an anhydrous ethanol production facility in Colwich, Kansas.