PNC Financial Services Group Inc. grew its holdings in REX American Resources Corporation (NYSE:REX – Free Report) by 18.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,732 shares of the energy company’s stock after purchasing an additional 1,542 shares during the period. PNC Financial Services Group Inc. owned about 0.06% of REX American Resources worth $366,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. CWM LLC increased its holdings in REX American Resources by 139.8% in the first quarter. CWM LLC now owns 1,990 shares of the energy company’s stock worth $75,000 after buying an additional 1,160 shares during the last quarter. State of Wyoming increased its holdings in REX American Resources by 67.3% in the fourth quarter. State of Wyoming now owns 3,616 shares of the energy company’s stock worth $151,000 after buying an additional 1,454 shares during the last quarter. GF Fund Management CO. LTD. acquired a new position in REX American Resources in the fourth quarter worth approximately $200,000. South Dakota Investment Council acquired a new position in REX American Resources in the first quarter worth approximately $210,000. Finally, First Trust Advisors LP acquired a new position in REX American Resources during the fourth quarter valued at approximately $244,000. Institutional investors and hedge funds own 88.12% of the company’s stock.
REX American Resources Price Performance
Shares of REX stock opened at $54.98 on Friday. REX American Resources Corporation has a 12 month low of $33.45 and a 12 month high of $55.36. The business’s 50 day moving average is $51.54 and its two-hundred day moving average is $43.90. The company has a market cap of $905.47 million, a PE ratio of 17.07 and a beta of 0.58.
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.
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