AWH Capital L.P. Buys Shares of 30,000 REX American Resources Corporation $REX

AWH Capital L.P. purchased a new position in shares of REX American Resources Corporation (NYSE:REX) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 30,000 shares of the energy company’s stock, valued at approximately $1,461,000. REX American Resources accounts for about 1.7% of AWH Capital L.P.’s portfolio, making the stock its 18th largest position. AWH Capital L.P. owned approximately 0.18% of REX American Resources as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in REX. SummerHaven Investment Management LLC lifted its stake in REX American Resources by 1.9% during the second quarter. SummerHaven Investment Management LLC now owns 18,135 shares of the energy company’s stock worth $883,000 after purchasing an additional 343 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in REX American Resources by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,161 shares of the energy company’s stock valued at $344,000 after buying an additional 390 shares in the last quarter. Ieq Capital LLC grew its position in REX American Resources by 6.9% in the first quarter. Ieq Capital LLC now owns 6,586 shares of the energy company’s stock valued at $247,000 after acquiring an additional 424 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new position in REX American Resources in the second quarter valued at about $33,000. Finally, Russell Investments Group Ltd. raised its stake in REX American Resources by 3.8% during the second quarter. Russell Investments Group Ltd. now owns 30,218 shares of the energy company’s stock worth $1,472,000 after acquiring an additional 1,094 shares in the last quarter. 88.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on REX. Wall Street Zen raised shares of REX American Resources from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of REX American Resources in a research note on Thursday. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $25.00.

REX American Resources Stock Performance

Shares of NYSE REX opened at $33.47 on Friday. The firm has a 50 day moving average price of $32.40 and a two-hundred day moving average price of $28.93. The stock has a market cap of $1.10 billion, a P/E ratio of 22.38 and a beta of 0.73. REX American Resources Corporation has a 52-week low of $16.73 and a 52-week high of $36.50.

REX American Resources (NYSE:REX) last issued its quarterly earnings data on Thursday, December 4th. The energy company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.45. The company had revenue of $175.63 million for the quarter, compared to analysts’ expectations of $169.00 million. REX American Resources had a net margin of 7.73% and a return on equity of 7.89%. During the same quarter in the previous year, the firm posted $1.38 earnings per share. Analysts predict that REX American Resources Corporation will post 2.93 earnings per share for the current fiscal 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.