American Century Companies Inc. Acquires 40,693 Shares of REX American Resources Corporation $REX

American Century Companies Inc. grew its holdings in shares of REX American Resources Corporation (NYSE:REX) by 9.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 462,314 shares of the energy company’s stock after acquiring an additional 40,693 shares during the period. American Century Companies Inc. owned about 2.78% of REX American Resources worth $17,369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. CWM LLC grew its position in shares of REX American Resources by 139.8% during the 1st quarter. CWM LLC now owns 1,990 shares of the energy company’s stock valued at $75,000 after acquiring an additional 1,160 shares during the period. State of Wyoming grew its position in shares of REX American Resources by 67.3% during the 4th quarter. State of Wyoming now owns 3,616 shares of the energy company’s stock valued at $151,000 after acquiring an additional 1,454 shares during the period. GF Fund Management CO. LTD. bought a new stake in shares of REX American Resources during the 4th quarter valued at $200,000. South Dakota Investment Council bought a new stake in shares of REX American Resources during the 1st quarter valued at $210,000. Finally, First Trust Advisors LP bought a new stake in shares of REX American Resources during the 4th quarter valued at $244,000. Institutional investors own 88.12% of the company’s stock.

REX American Resources Price Performance

Shares of REX stock opened at $59.9310 on Monday. The company has a market cap of $987.06 million, a price-to-earnings ratio of 18.61 and a beta of 0.58. The firm has a fifty day moving average price of $52.71 and a 200-day moving average price of $44.46. REX American Resources Corporation has a 1 year low of $33.45 and a 1 year high of $60.08.

REX American Resources (NYSE:REX) last issued its earnings results on Wednesday, May 28th. The energy company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.17. The company had revenue of $158.34 million during the quarter, compared to the consensus estimate of $161.00 million. REX American Resources had a net margin of 8.86% and a return on equity of 8.97%. Equities research analysts expect that REX American Resources Corporation will post 2.93 EPS for the current year.

About REX American Resources

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.