Sei Investments Co. Has $2.60 Million Stake in REX American Resources Corporation $REX

Sei Investments Co. grew its position in REX American Resources Corporation (NYSE:REXFree Report) by 27.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 57,127 shares of the energy company’s stock after purchasing an additional 12,396 shares during the quarter. Sei Investments Co. owned approximately 0.17% of REX American Resources worth $2,603,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. M&T Bank Corp bought a new stake in REX American Resources during the fourth quarter valued at $17,199,000. Tudor Investment Corp ET AL bought a new position in shares of REX American Resources in the 3rd quarter worth about $2,341,000. SG Americas Securities LLC raised its position in shares of REX American Resources by 223.7% in the 4th quarter. SG Americas Securities LLC now owns 24,410 shares of the energy company’s stock worth $789,000 after acquiring an additional 16,869 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of REX American Resources in the 1st quarter valued at about $1,800,000. Finally, Intech Investment Management LLC lifted its stake in shares of REX American Resources by 195.0% in the 4th quarter. Intech Investment Management LLC now owns 83,357 shares of the energy company’s stock valued at $2,694,000 after purchasing an additional 55,101 shares during the period. 88.12% of the stock is currently owned by institutional investors and hedge funds.

REX American Resources Price Performance

REX stock opened at $42.79 on Friday. The company’s 50-day moving average is $44.91 and its 200-day moving average is $42.55. The stock has a market capitalization of $1.41 billion, a PE ratio of 15.25 and a beta of 0.64. REX American Resources Corporation has a 1 year low of $25.66 and a 1 year high of $53.36.

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

Insiders Place Their Bets

In other REX American Resources news, CFO Douglas Bruggeman sold 5,086 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were 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 in the company, valued at approximately $12,381,513.32. The trade was a 1.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Stuart A. Rose sold 69,335 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $43.77, for a total transaction of $3,034,792.95. Following the transaction, the insider owned 588,280 shares in the company, valued at approximately $25,749,015.60. The trade was a 10.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 105,086 shares of company stock worth $4,643,829. 13.21% of the stock is owned by company insiders.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded REX American Resources from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, July 9th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy”.

Check Out Our Latest Report on REX

REX American Resources Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding REX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for REX American Resources Corporation (NYSE:REXFree Report).

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

Receive News & Ratings for REX American Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for REX American Resources and related companies with MarketBeat.com's FREE daily email newsletter.