AWH Capital L.P. Buys 23,000 Shares of REX American Resources Corporation $REX

AWH Capital L.P. lifted its stake in shares of REX American Resources Corporation (NYSE:REX) by 18.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 147,500 shares of the energy company’s stock after buying an additional 23,000 shares during the period. REX American Resources makes up 4.4% of AWH Capital L.P.’s investment portfolio, making the stock its 10th biggest position. AWH Capital L.P.’s holdings in REX American Resources were worth $4,767,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Tudor Investment Corp ET AL bought a new stake in shares of REX American Resources during the 3rd quarter worth $2,341,000. JPMorgan Chase & Co. increased its stake in shares of REX American Resources by 80.5% in the third quarter. JPMorgan Chase & Co. now owns 172,612 shares of the energy company’s stock valued at $5,285,000 after buying an additional 77,004 shares during the period. Rhumbline Advisers increased its stake in shares of REX American Resources by 93.8% in the third quarter. Rhumbline Advisers now owns 93,306 shares of the energy company’s stock valued at $2,857,000 after buying an additional 45,158 shares during the period. American Century Companies Inc. grew its stake in REX American Resources by 88.0% during the third quarter. American Century Companies Inc. now owns 826,427 shares of the energy company’s stock worth $25,305,000 after purchasing an additional 386,947 shares during the period. Finally, M&T Bank Corp acquired a new stake in REX American Resources during the fourth quarter worth approximately $17,199,000. 88.12% of the stock is currently owned by institutional investors.

Insider Buying and Selling at REX American Resources

In other REX American Resources news, CFO Douglas Bruggeman sold 5,086 shares of REX American Resources stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $48.73, for a total transaction of $247,840.78. Following the completion of the sale, the chief financial officer owned 254,084 shares of the company’s stock, valued at $12,381,513.32. The trade was a 1.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Stuart A. Rose sold 13,584 shares of REX American Resources stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $45.23, for a total value of $614,404.32. Following the sale, the insider directly owned 627,149 shares of the company’s stock, valued at approximately $28,365,949.27. This trade represents a 2.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 22,565 shares of company stock valued at $1,037,199. 13.21% of the stock is owned by company insiders.

REX American Resources Trading Down 0.8%

Shares of REX American Resources stock opened at $43.35 on Thursday. The business’s fifty day simple moving average is $46.58 and its 200 day simple moving average is $39.60. The firm has a market capitalization of $1.43 billion, a P/E ratio of 15.45 and a beta of 0.61. REX American Resources Corporation has a 12 month low of $23.82 and a 12 month high of $53.36.

REX American Resources (NYSE:REX) last issued its quarterly earnings results on Thursday, May 28th. The energy company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.42. The business had revenue of $156.50 million for the quarter, compared to analyst estimates of $167.23 million. REX American Resources had a return on equity of 13.67% and a net margin of 14.30%.

Analysts Set New Price Targets

Separately, Weiss Ratings raised REX American Resources from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, June 3rd. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

About REX American Resources

REX American Resources Corp. is a diversified agribusiness and renewable energy company headquartered in Kansas City, Missouri. Founded in 2005 through a reorganization of existing agricultural interests, the company focuses on two primary business segments: fuel ethanol production and specialty ingredient solutions. REX American Resources leverages its integrated operations to supply clean-burning fuel, animal feed co-products and sweetener ingredients to a broad customer base in North America and beyond.

In its alcohol fuels segment, the company operates an anhydrous ethanol production facility in Colwich, Kansas.