REX American Resources Corporation (NYSE:REX) CFO Douglas Bruggeman sold 1,218 shares of the stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $95.47, for a total transaction of $116,282.46. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of REX American Resources Corporation (NYSE:REX) traded down 1.40% during trading on Wednesday, reaching $93.58. 11,392 shares of the company were exchanged. The stock’s 50-day moving average is $91.56 and its 200-day moving average is $93.91. The firm has a market cap of $614.45 million, a price-to-earnings ratio of 21.40 and a beta of 1.66. REX American Resources Corporation has a 52-week low of $76.10 and a 52-week high of $107.87.

REX American Resources Corporation (NYSE:REX) last announced its quarterly earnings data on Wednesday, August 30th. The energy company reported $0.45 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.67). The company had revenue of $108.74 million for the quarter. REX American Resources Corporation had a return on equity of 7.41% and a net margin of 6.26%. Equities research analysts predict that REX American Resources Corporation will post $4.53 earnings per share for the current fiscal year.

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A number of hedge funds and other institutional investors have recently modified their holdings of the stock. The Manufacturers Life Insurance Company boosted its stake in REX American Resources Corporation by 3.0% during the second quarter. The Manufacturers Life Insurance Company now owns 4,537 shares of the energy company’s stock worth $438,000 after acquiring an additional 133 shares in the last quarter. BlueCrest Capital Management Ltd acquired a new stake in REX American Resources Corporation in the second quarter worth $205,000. Gotham Asset Management LLC increased its stake in REX American Resources Corporation by 9.8% in the second quarter. Gotham Asset Management LLC now owns 44,981 shares of the energy company’s stock valued at $4,343,000 after purchasing an additional 4,001 shares in the last quarter. Cornerstone Capital Management Holdings LLC. increased its stake in REX American Resources Corporation by 139.7% in the second quarter. Cornerstone Capital Management Holdings LLC. now owns 19,389 shares of the energy company’s stock valued at $1,871,000 after purchasing an additional 11,300 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in REX American Resources Corporation by 67.0% in the second quarter. Goldman Sachs Group Inc. now owns 54,631 shares of the energy company’s stock valued at $5,275,000 after purchasing an additional 21,919 shares in the last quarter. 89.28% of the stock is currently owned by institutional investors and hedge funds.

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

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).

Insider Buying and Selling by Quarter for REX American Resources Corporation (NYSE:REX)

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