REX American Resources Co. (NYSE:REX) Shares Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP raised its stake in REX American Resources Co. (NYSE:REX) by 79.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,316 shares of the energy company’s stock after purchasing an additional 10,771 shares during the quarter. GSA Capital Partners LLP owned about 0.14% of REX American Resources worth $1,126,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Principal Financial Group Inc. boosted its holdings in REX American Resources by 0.6% in the third quarter. Principal Financial Group Inc. now owns 78,632 shares of the energy company’s stock valued at $3,640,000 after acquiring an additional 432 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in shares of REX American Resources in the 3rd quarter valued at about $228,000. Wedge Capital Management L L P NC grew its holdings in shares of REX American Resources by 16.4% during the 3rd quarter. Wedge Capital Management L L P NC now owns 22,194 shares of the energy company’s stock worth $1,027,000 after purchasing an additional 3,129 shares during the period. Exchange Traded Concepts LLC acquired a new stake in REX American Resources during the 3rd quarter worth approximately $1,062,000. Finally, CWM LLC raised its holdings in REX American Resources by 167.2% in the third quarter. CWM LLC now owns 3,222 shares of the energy company’s stock valued at $149,000 after buying an additional 2,016 shares during the period. 88.12% of the stock is owned by hedge funds and other institutional investors.

REX American Resources Price Performance

Shares of REX opened at $46.17 on Friday. REX American Resources Co. has a 12 month low of $35.73 and a 12 month high of $60.78. The stock’s 50-day moving average is $45.52 and its two-hundred day moving average is $47.51. The stock has a market cap of $811.21 million, a PE ratio of 11.75 and a beta of 0.94.

REX American Resources (NYSE:REX) last issued its quarterly earnings data on Tuesday, August 27th. The energy company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.26. The company had revenue of $148.16 million during the quarter, compared to the consensus estimate of $146.00 million. REX American Resources had a net margin of 9.64% and a return on equity of 11.69%. During the same quarter last year, the company earned $0.52 earnings per share. On average, research analysts anticipate that REX American Resources Co. will post 2.6 earnings per share for the current year.

Analyst Ratings Changes

Separately, Truist Financial dropped their price objective on shares of REX American Resources from $65.00 to $60.00 and set a “buy” rating for the company in a research report on Tuesday, August 27th.

REX American Resources Company Profile

REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol in the United States. The company also offers corn, distillers grains, ethanol, distillers corn oil, gasoline, and natural gas. In addition, it provides dry distillers grains with solubles, which is used as a protein in animal feed.