147,500 Shares in REX American Resources Corporation $REX Acquired by AWH Capital L.P.

Key Points

• AWH Capital acquired 147,500 shares of REX American Resources worth approximately $6.66 million, representing about 0.45% of the company. Institutional investors collectively own 88.12% of REX.
• Company insiders sold 105,086 shares valued at roughly $4.64 million over the past three months, including significant sales by CFO Douglas Bruggeman and insider Stuart A. Rose.
• REX reported quarterly EPS of $0.56, beating the $0.14 consensus estimate, while revenue of $156.5 million fell short of expectations. Despite Weiss Ratings lowering its rating slightly, analysts maintain a consensus “Buy” rating.

AWH Capital L.P. bought a new position in shares of REX American Resources Corporation (NYSE:REX - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 147,500 shares of the energy company's stock, valued at approximately $6,659,625. REX American Resources accounts for about 0.0% of AWH Capital L.P.'s portfolio, making the stock its 5th largest position. AWH Capital L.P. owned approximately 0.45% of REX American Resources as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in REX American Resources by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,161 shares of the energy company's stock worth $344,000 after acquiring an additional 390 shares during the period. Aquatic Capital Management LLC increased its holdings in REX American Resources by 5.2% during the 3rd quarter. Aquatic Capital Management LLC now owns 9,151 shares of the energy company's stock worth $280,000 after acquiring an additional 450 shares during the period. Barclays PLC grew its stake in REX American Resources by 0.6% in the 4th quarter. Barclays PLC now owns 83,598 shares of the energy company's stock worth $2,702,000 after buying an additional 493 shares in the last quarter. Horizon Investments LLC grew its stake in REX American Resources by 2.8% in the 4th quarter. Horizon Investments LLC now owns 18,810 shares of the energy company's stock worth $608,000 after buying an additional 514 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its stake in REX American Resources by 133.4% in the 4th quarter. Hantz Financial Services Inc. now owns 901 shares of the energy company's stock worth $29,000 after buying an additional 515 shares in the last quarter. Institutional investors own 88.12% of the company's stock.

Insider Buying and Selling

In other news, CFO Douglas Bruggeman sold 5,086 shares of the company's stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $48.73, for a total value 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 approximately $12,381,513.32. This represents a 1.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Stuart A. Rose sold 69,335 shares of the company's stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $43.77, for a total transaction of $3,034,792.95. Following the completion of the sale, the insider directly owned 588,280 shares of the company's stock, valued at $25,749,015.60. This trade represents a 10.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 105,086 shares of company stock valued at $4,643,829. Corporate insiders own 13.21% of the company's stock.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of REX American Resources from a "buy (b)" rating to a "buy (b-)" rating in a research note on Monday. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy".

REX American Resources Price Performance

REX stock opened at $41.40 on Friday. REX American Resources Corporation has a one year low of $30.02 and a one year high of $53.36. The stock has a market cap of $1.36 billion, a PE ratio of 14.76 and a beta of 0.64. The firm has a 50 day simple moving average of $44.47 and a two-hundred day simple moving average of $43.51.

REX American Resources (NYSE:REX - Get Free Report) last released 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. REX American Resources had a net margin of 14.30% and a return on equity of 13.67%. The business had revenue of $156.50 million during the quarter, compared to analysts' expectations of $167.23 million.

REX American Resources Profile

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.

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