The Manufacturers Life Insurance Company boosted its position in REX American Resources Corp (NYSE:REX) by 3.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,537 shares of the energy company’s stock after purchasing an additional 133 shares during the period. The Manufacturers Life Insurance Company owned approximately 0.07% of REX American Resources worth $438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in REX. BlueCrest Capital Management Ltd purchased a new position in REX American Resources in the second quarter worth $205,000. Gotham Asset Management LLC raised its position in shares of REX American Resources by 9.8% in the second quarter. Gotham Asset Management LLC now owns 44,981 shares of the energy company’s stock worth $4,343,000 after acquiring an additional 4,001 shares during the period. Cornerstone Capital Management Holdings LLC. raised its position in shares of REX American Resources by 139.7% in the second quarter. Cornerstone Capital Management Holdings LLC. now owns 19,389 shares of the energy company’s stock worth $1,871,000 after acquiring an additional 11,300 shares during the period. Goldman Sachs Group Inc. raised its position in shares of REX American Resources by 67.0% in the second quarter. Goldman Sachs Group Inc. now owns 54,631 shares of the energy company’s stock worth $5,275,000 after acquiring an additional 21,919 shares during the period. Finally, QS Investors LLC raised its position in shares of REX American Resources by 5.9% in the second quarter. QS Investors LLC now owns 24,989 shares of the energy company’s stock worth $2,413,000 after acquiring an additional 1,400 shares during the period. 88.86% of the stock is owned by institutional investors and hedge funds.

In other news, CFO Douglas Bruggeman sold 1,218 shares of the business’s stock in a transaction dated Tuesday, October 3rd. The shares were sold at an average price of $95.47, for a total transaction of $116,282.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Lawrence Tomchin sold 1,000 shares of the business’s stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $96.00, for a total transaction of $96,000.00. The disclosure for this sale can be found here. 14.70% of the stock is owned by insiders.

Shares of REX American Resources Corp (NYSE:REX) traded down $2.14 during trading on Monday, hitting $87.09. 8,600 shares of the company’s stock were exchanged, compared to its average volume of 54,501. The firm has a market capitalization of $571.90, a P/E ratio of 19.88 and a beta of 1.62. REX American Resources Corp has a 1-year low of $76.10 and a 1-year high of $107.87.

REX American Resources (NYSE:REX) last issued its quarterly earnings data on Wednesday, August 30th. The energy company reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.67). The firm had revenue of $108.74 million during the quarter. REX American Resources had a return on equity of 3.40% and a net margin of 3.84%.

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REX American Resources Company 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).

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

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