Systematic Financial Management LP lessened its position in REX American Resources Corporation (NYSE:REX) by 3.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 116,769 shares of the energy company’s stock after selling 4,438 shares during the quarter. Systematic Financial Management LP owned approximately 1.78% of REX American Resources Corporation worth $11,275,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Old Mutual Global Investors UK Ltd. raised its holdings in shares of REX American Resources Corporation by 1,198.3% in the 2nd quarter. Old Mutual Global Investors UK Ltd. now owns 11,931 shares of the energy company’s stock valued at $1,152,000 after buying an additional 11,012 shares during the period. Prudential Financial Inc. raised its holdings in shares of 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. Victory Capital Management Inc. raised its holdings in shares of REX American Resources Corporation by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 2,368 shares of the energy company’s stock valued at $229,000 after buying an additional 355 shares during the period. Virginia Retirement Systems ET AL raised its holdings in shares of REX American Resources Corporation by 16.0% in the 2nd quarter. Virginia Retirement Systems ET AL now owns 18,135 shares of the energy company’s stock valued at $1,751,000 after buying an additional 2,500 shares during the period. Finally, Federated Investors Inc. PA raised its holdings in shares of REX American Resources Corporation by 34.7% in the 2nd quarter. Federated Investors Inc. PA now owns 27,431 shares of the energy company’s stock valued at $2,649,000 after buying an additional 7,061 shares during the period. Hedge funds and other institutional investors own 89.42% of the company’s stock.

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Separately, BidaskClub downgraded REX American Resources Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 24th.

Shares of REX American Resources Corporation (NYSE:REX) opened at 85.51 on Friday. REX American Resources Corporation has a one year low of $76.10 and a one year high of $107.87. The firm’s 50-day moving average price is $93.99 and its 200 day moving average price is $92.34. The stock has a market cap of $560.77 million, a P/E ratio of 16.56 and a beta of 1.64.

REX American Resources Corporation (NYSE:REX) last announced its earnings results on Wednesday, August 30th. The energy company reported $0.45 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate 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 for the quarter. Equities research analysts expect that REX American Resources Corporation will post $4.53 EPS for the current fiscal year.

About REX American Resources Corporation

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).

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

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