REX American Resources Corporation (REX) Shares Bought by Renaissance Technologies LLC

Renaissance Technologies LLC boosted its stake in REX American Resources Corporation (NYSE:REX) by 0.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 568,600 shares of the energy company’s stock after buying an additional 3,000 shares during the period. Renaissance Technologies LLC owned about 0.09% of REX American Resources Corporation worth $51,453,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in REX. PNC Financial Services Group Inc. increased its position in REX American Resources Corporation by 1.5% in the first quarter. PNC Financial Services Group Inc. now owns 1,933 shares of the energy company’s stock valued at $175,000 after buying an additional 28 shares during the period. Mason Street Advisors LLC increased its position in REX American Resources Corporation by 7.0% in the first quarter. Mason Street Advisors LLC now owns 1,324 shares of the energy company’s stock valued at $120,000 after buying an additional 87 shares during the period. Thrivent Financial For Lutherans increased its position in REX American Resources Corporation by 3.9% in the first quarter. Thrivent Financial For Lutherans now owns 3,180 shares of the energy company’s stock valued at $288,000 after buying an additional 120 shares during the period. Thrivent Financial for Lutherans increased its position in REX American Resources Corporation by 5.2% in the fourth quarter. Thrivent Financial for Lutherans now owns 3,060 shares of the energy company’s stock valued at $302,000 after buying an additional 150 shares during the period. Finally, New York State Teachers Retirement System increased its position in REX American Resources Corporation by 5.4% in the fourth quarter. New York State Teachers Retirement System now owns 3,906 shares of the energy company’s stock valued at $386,000 after buying an additional 200 shares during the period. 90.29% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for REX American Resources Corporation (NYSE:REX)

REX American Resources Corporation (NYSE:REX) traded down 3.06% on Tuesday, hitting $93.92. The stock had a trading volume of 33,838 shares. The company has a market cap of $615.93 million, a PE ratio of 18.19 and a beta of 1.58. REX American Resources Corporation has a one year low of $55.21 and a one year high of $107.87. The stock has a 50-day moving average of $98.05 and a 200-day moving average of $91.28.

REX American Resources Corporation (NYSE:REX) last announced its earnings results on Wednesday, May 24th. The energy company reported $0.69 EPS for the quarter, missing the consensus estimate of $1.21 by $0.52. REX American Resources Corporation had a net margin of 7.29% and a return on equity of 8.96%. The company had revenue of $113.14 million for the quarter. Equities analysts expect that REX American Resources Corporation will post $4.62 earnings per share for the current fiscal year.

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In other news, CFO Douglas Bruggeman sold 2,000 shares of the company’s stock in a transaction on Friday, March 31st. The stock was sold at an average price of $90.00, for a total transaction of $180,000.00. Following the completion of the sale, the chief financial officer now directly owns 24,151 shares of the company’s stock, valued at $2,173,590. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Lawrence Tomchin sold 1,000 shares of the company’s stock in a transaction on Wednesday, April 5th. The shares were sold at an average price of $92.00, for a total value of $92,000.00. Following the sale, the director now directly owns 116,719 shares of the company’s stock, valued at $10,738,148. The disclosure for this sale can be found here. Corporate insiders own 12.20% of the company’s stock.

About REX American Resources Corporation

Rex American Resources Corporation is a holding company. As of January 31, 2017, the Company had invested in three ethanol production entities. It operates through alternative energy segment. As of January 31, 2017, the Company’s ethanol investments include One Earth Energy, LLC (One Earth), NuGen Energy, LLC (NuGen) and Big River Resources, LLC (Big River).new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “REX”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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