AWH Capital L.P. increased its position in REX American Resources Corporation (NYSE:REX – Free Report) by 18.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 147,500 shares of the energy company’s stock after purchasing an additional 23,000 shares during the quarter. REX American Resources makes up 4.4% of AWH Capital L.P.’s portfolio, making the stock its 10th largest holding. AWH Capital L.P. owned approximately 0.45% of REX American Resources worth $4,767,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in REX American Resources by 101.0% during the third quarter. Vanguard Group Inc. now owns 2,436,632 shares of the energy company’s stock worth $74,610,000 after acquiring an additional 1,224,274 shares in the last quarter. Dimensional Fund Advisors LP increased its position in REX American Resources by 89.3% in the third quarter. Dimensional Fund Advisors LP now owns 2,152,938 shares of the energy company’s stock worth $65,923,000 after purchasing an additional 1,015,668 shares during the period. M&T Bank Corp acquired a new stake in REX American Resources in the fourth quarter worth about $17,199,000. Mangrove Partners IM LLC acquired a new stake in REX American Resources in the third quarter worth about $16,123,000. Finally, American Century Companies Inc. boosted its holdings in REX American Resources by 88.0% during the third quarter. American Century Companies Inc. now owns 826,427 shares of the energy company’s stock worth $25,305,000 after buying an additional 386,947 shares during the last quarter. 88.12% of the stock is owned by institutional investors.
Analyst Ratings Changes
Separately, Weiss Ratings upgraded REX American Resources from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, REX American Resources currently has a consensus rating of “Buy”.
Insider Buying and Selling
In other REX American Resources news, insider Stuart A. Rose sold 13,584 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $45.23, for a total value of $614,404.32. Following the transaction, the insider directly owned 627,149 shares of the company’s stock, valued at $28,365,949.27. This represents a 2.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Douglas Bruggeman sold 5,086 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $48.73, for a total value of $247,840.78. Following the completion of the transaction, the chief financial officer directly owned 254,084 shares in the company, valued at approximately $12,381,513.32. This represents a 1.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 22,565 shares of company stock worth $1,037,199 over the last three months. 13.21% of the stock is owned by insiders.
REX American Resources Stock Down 0.8%
Shares of REX American Resources stock opened at $43.35 on Thursday. REX American Resources Corporation has a 12-month low of $23.82 and a 12-month high of $53.36. The stock has a market cap of $1.43 billion, a P/E ratio of 15.45 and a beta of 0.61. The business’s 50 day moving average is $46.58 and its 200-day moving average is $39.60.
REX American Resources (NYSE:REX – Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The energy company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.42. REX American Resources had a return on equity of 13.67% and a net margin of 14.30%.The company had revenue of $156.50 million for the quarter, compared to analysts’ expectations of $167.23 million.
REX American Resources Company Profile
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.
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