REX American Resources Corporation $REX Stock Holdings Lowered by Deutsche Bank AG

Deutsche Bank AG reduced its holdings in REX American Resources Corporation (NYSE:REX) by 8.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,556 shares of the energy company’s stock after selling 1,408 shares during the quarter. Deutsche Bank AG owned 0.09% of REX American Resources worth $547,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brown Advisory Inc. raised its holdings in shares of REX American Resources by 7.7% in the 1st quarter. Brown Advisory Inc. now owns 735,300 shares of the energy company’s stock worth $27,625,000 after purchasing an additional 52,737 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of REX American Resources by 340.4% in the 1st quarter. SG Americas Securities LLC now owns 25,022 shares of the energy company’s stock worth $940,000 after purchasing an additional 19,340 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of REX American Resources by 5,304.6% in the 1st quarter. GAMMA Investing LLC now owns 7,026 shares of the energy company’s stock worth $264,000 after purchasing an additional 6,896 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of REX American Resources by 8.6% in the 4th quarter. Ameriprise Financial Inc. now owns 89,543 shares of the energy company’s stock worth $3,733,000 after purchasing an additional 7,098 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of REX American Resources by 23.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 47,035 shares of the energy company’s stock worth $1,961,000 after purchasing an additional 9,025 shares in the last quarter. 88.12% of the stock is currently owned by institutional investors.

REX American Resources Price Performance

REX American Resources stock opened at $60.96 on Wednesday. The firm’s 50 day simple moving average is $53.22 and its 200-day simple moving average is $44.71. The company has a market cap of $1.00 billion, a P/E ratio of 18.93 and a beta of 0.58. REX American Resources Corporation has a fifty-two week low of $33.45 and a fifty-two week high of $61.51.

REX American Resources (NYSE:REX) last released 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 business had revenue of $158.34 million for 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%. On average, analysts expect that REX American Resources Corporation will post 2.93 EPS 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.