REX American Resources Corporation $REX Shares Sold by Invesco Ltd.

Invesco Ltd. cut its holdings in shares of REX American Resources Corporation (NYSE:REX) by 1.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 230,277 shares of the energy company’s stock after selling 4,186 shares during the quarter. Invesco Ltd. owned 1.39% of REX American Resources worth $8,652,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in REX. Brown Advisory Inc. lifted its holdings in REX American Resources by 9.7% during the 4th quarter. Brown Advisory Inc. now owns 682,563 shares of the energy company’s stock worth $28,456,000 after buying an additional 60,600 shares in the last quarter. Pacer Advisors Inc. acquired a new stake in REX American Resources during the 1st quarter worth approximately $2,213,000. Jane Street Group LLC acquired a new stake in REX American Resources during the 4th quarter worth approximately $1,734,000. Charles Schwab Investment Management Inc. lifted its holdings in 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 buying an additional 33,661 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. lifted its holdings in REX American Resources by 12.1% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 240,443 shares of the energy company’s stock worth $10,024,000 after buying an additional 25,991 shares in the last quarter. 88.12% of the stock is currently owned by institutional investors and hedge funds.

REX American Resources Stock Up 1.2%

REX American Resources stock opened at $60.5980 on Tuesday. 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 Corporation has a 52-week low of $33.45 and a 52-week high of $61.51. The company’s 50 day moving average is $52.97 and its two-hundred day moving average is $44.60.

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

REX American Resources 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.