REX American Resources Corp (REX) Stake Increased by Strs Ohio

Strs Ohio increased its position in shares of REX American Resources Corp (NYSE:REX) by 13.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 8,600 shares of the energy company’s stock after acquiring an additional 1,000 shares during the period. Strs Ohio’s holdings in REX American Resources were worth $711,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. BlueCrest Capital Management Ltd bought a new stake in REX American Resources in the 2nd quarter valued at $205,000. BNP Paribas Arbitrage SA increased its holdings in REX American Resources by 48.3% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,916 shares of the energy company’s stock valued at $274,000 after acquiring an additional 950 shares during the last quarter. Bessemer Group Inc. bought a new stake in REX American Resources in the 3rd quarter valued at $310,000. Thrivent Financial For Lutherans increased its holdings in REX American Resources by 8.5% in the 2nd quarter. Thrivent Financial For Lutherans now owns 3,450 shares of the energy company’s stock valued at $333,000 after acquiring an additional 270 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in REX American Resources by 3.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,537 shares of the energy company’s stock valued at $438,000 after acquiring an additional 133 shares during the last quarter. Hedge funds and other institutional investors own 89.24% of the company’s stock.

Shares of REX American Resources Corp (REX) opened at $76.71 on Friday. The stock has a market cap of $503.74, a price-to-earnings ratio of 15.31 and a beta of 1.47. REX American Resources Corp has a fifty-two week low of $72.71 and a fifty-two week high of $107.87.

REX American Resources (NYSE:REX) last announced its quarterly earnings results on Wednesday, November 29th. The energy company reported $2.00 earnings per share (EPS) for the quarter. The company had revenue of $121.16 million for the quarter. REX American Resources had a net margin of 7.11% and a return on equity of 8.29%.

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REX American Resources Profile

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).

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

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