Nuveen LLC Invests $5.82 Million in REX American Resources Corporation $REX

Nuveen LLC purchased a new position in shares of REX American Resources Corporation (NYSE:REX) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 155,020 shares of the energy company’s stock, valued at approximately $5,824,000. Nuveen LLC owned 0.93% of REX American Resources as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Koss Olinger Consulting LLC purchased a new position in shares of REX American Resources during the 1st quarter worth $571,000. Charles Schwab Investment Management Inc. raised its holdings in shares of REX American Resources by 22.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 184,692 shares of the energy company’s stock worth $6,939,000 after acquiring an additional 33,661 shares during the period. Vanguard Group Inc. raised its holdings in shares of REX American Resources by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 1,316,404 shares of the energy company’s stock worth $49,457,000 after acquiring an additional 11,785 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of REX American Resources by 18.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 9,732 shares of the energy company’s stock worth $366,000 after acquiring an additional 1,542 shares during the period. Finally, Kapitalo Investimentos Ltda purchased a new position in shares of REX American Resources during the 1st quarter worth $290,000. Hedge funds and other institutional investors own 88.12% of the company’s stock.

REX American Resources Stock Up 1.2%

NYSE REX opened at $60.5980 on Tuesday. REX American Resources Corporation has a 52 week low of $33.45 and a 52 week high of $61.51. The business’s fifty day simple moving average is $52.97 and its 200-day simple moving average is $44.60. The firm has a market cap of $998.05 million, a PE ratio of 18.82 and a beta of 0.58.

REX American Resources (NYSE:REX) last issued its quarterly earnings data on Wednesday, May 28th. The energy company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.17. The firm had revenue of $158.34 million for the quarter, compared to analyst estimates of $161.00 million. REX American Resources had a net margin of 8.86% and a return on equity of 8.97%. 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.