Free Trial

American Century Companies Inc. Boosts Stock Position in REX American Resources Corporation $REX

REX American Resources logo with Energy background

Key Points

  • American Century Companies Inc. has increased its holdings in REX American Resources by 9.7%, acquiring an additional 40,693 shares, bringing its total to 462,314 shares valued at approximately $17.37 million.
  • Other institutional investors, including CWM LLC and the State of Wyoming, have also significantly raised their stakes in REX American Resources, contributing to a total institutional ownership of 88.12%.
  • REX American Resources reported a quarterly earnings per share of $0.51, surpassing estimates, although its revenue was slightly below expectations at $158.34 million.
  • Looking to export and analyze REX American Resources data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

American Century Companies Inc. raised its holdings in shares of REX American Resources Corporation (NYSE:REX - Free Report) by 9.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 462,314 shares of the energy company's stock after purchasing an additional 40,693 shares during the period. American Century Companies Inc. owned 2.78% of REX American Resources worth $17,369,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Public Sector Pension Investment Board raised its position in shares of REX American Resources by 27.3% in the 1st quarter. Public Sector Pension Investment Board now owns 49,004 shares of the energy company's stock worth $1,841,000 after acquiring an additional 10,496 shares in the last quarter. Nuveen LLC bought a new position in shares of REX American Resources in the 1st quarter worth approximately $5,824,000. Koss Olinger Consulting LLC bought a new position in shares of REX American Resources in the 1st quarter worth approximately $571,000. Charles Schwab Investment Management Inc. raised its position in shares of REX American Resources by 22.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 184,692 shares of the energy company's stock worth $6,939,000 after acquiring an additional 33,661 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in shares of REX American Resources by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 1,316,404 shares of the energy company's stock worth $49,457,000 after acquiring an additional 11,785 shares in the last quarter. Institutional investors own 88.12% of the company's stock.

REX American Resources Stock Up 0.0%

Shares of NYSE:REX traded up $0.01 during trading on Wednesday, hitting $60.99. The stock had a trading volume of 227,607 shares, compared to its average volume of 86,902. REX American Resources Corporation has a 12 month low of $33.45 and a 12 month high of $62.00. The company has a market capitalization of $1.00 billion, a PE ratio of 18.94 and a beta of 0.58. The firm's fifty day moving average is $53.45 and its 200 day moving average is $44.82.

REX American Resources (NYSE:REX - Get Free Report) last announced its earnings results on Wednesday, August 27th. The energy company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.05. REX American Resources had a return on equity of 8.97% and a net margin of 8.86%.The firm had revenue of $158.56 million during the quarter, compared to analyst estimates of $165.00 million. Equities research analysts expect that REX American Resources Corporation will post 2.93 EPS for the current fiscal year.

REX American Resources Company Profile

(Free Report)

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.

Further Reading

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

Should You Invest $1,000 in REX American Resources Right Now?

Before you consider REX American Resources, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and REX American Resources wasn't on the list.

While REX American Resources currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2025 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: All Signs Point to More Growth Ahead
3 Quiet Growth Stocks With Major Momentum
The Market’s Next Big Winners? Start Here

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines