Renaissance Technologies LLC decreased its holdings in REX American Resources Corp (NYSE:REX) by 1.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 515,000 shares of the energy company’s stock after selling 5,400 shares during the quarter. Renaissance Technologies LLC owned 0.08% of REX American Resources worth $41,700,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Piedmont Investment Advisors LLC acquired a new stake in shares of REX American Resources during the 2nd quarter worth about $107,000. Louisiana State Employees Retirement System acquired a new stake in shares of REX American Resources during the 2nd quarter worth about $202,000. Hartford Investment Management Co. acquired a new stake in shares of REX American Resources during the 2nd quarter worth about $219,000. SG Americas Securities LLC increased its position in shares of REX American Resources by 115.7% during the 2nd quarter. SG Americas Securities LLC now owns 3,001 shares of the energy company’s stock worth $243,000 after purchasing an additional 1,610 shares in the last quarter. Finally, Victory Capital Management Inc. increased its position in shares of REX American Resources by 82.5% during the 1st quarter. Victory Capital Management Inc. now owns 3,807 shares of the energy company’s stock worth $277,000 after purchasing an additional 1,721 shares in the last quarter. Institutional investors and hedge funds own 88.66% of the company’s stock.

Separately, TheStreet upgraded shares of REX American Resources from a “c+” rating to a “b” rating in a research report on Wednesday, August 29th.

Shares of REX American Resources stock opened at $77.27 on Friday. The stock has a market cap of $491.35 million, a P/E ratio of 13.66 and a beta of 1.11. REX American Resources Corp has a 12-month low of $70.48 and a 12-month high of $96.62.

REX American Resources (NYSE:REX) last announced its earnings results on Tuesday, August 28th. The energy company reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.22. The business had revenue of $128.76 million during the quarter. REX American Resources had a net margin of 10.60% and a return on equity of 8.52%.

REX American Resources 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, and non-food grade corn oil. 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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