GSA Capital Partners LLP Sells 5,412 Shares of REX American Resources Corporation (NYSE:REX)

Key Points

• GSA Capital Partners LLP reduced its stake in REX American Resources by 19.5%, now holding 22,376 shares valued at approximately $841,000.
• Despite some institutional investors increasing their stakes, REX American Resources' stock has recently experienced a 2.8% decline to $50.83.
• The company reported earnings per share (EPS) of $0.51 for the last quarter, surpassing analyst expectations of $0.34.

GSA Capital Partners LLP lowered its position in REX American Resources Corporation (NYSE:REX - Free Report) by 19.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,376 shares of the energy company's stock after selling 5,412 shares during the period. GSA Capital Partners LLP owned about 0.13% of REX American Resources worth $841,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Alps Advisors Inc. boosted its position in REX American Resources by 1.2% during the first quarter. Alps Advisors Inc. now owns 24,272 shares of the energy company's stock worth $912,000 after purchasing an additional 292 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in REX American Resources by 3.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,771 shares of the energy company's stock valued at $366,000 after acquiring an additional 323 shares in the last quarter. SummerHaven Investment Management LLC boosted its holdings in shares of REX American Resources by 2.0% during the 1st quarter. SummerHaven Investment Management LLC now owns 17,792 shares of the energy company's stock valued at $668,000 after buying an additional 345 shares in the last quarter. CWM LLC raised its position in shares of REX American Resources by 139.8% in the 1st quarter. CWM LLC now owns 1,990 shares of the energy company's stock worth $75,000 after purchasing an additional 1,160 shares during the last quarter. Finally, State of Wyoming raised its position in REX American Resources by 67.3% in the 4th quarter. State of Wyoming now owns 3,616 shares of the energy company's stock worth $151,000 after buying an additional 1,454 shares during the last quarter. Hedge funds and other institutional investors own 88.12% of the company's stock.

REX American Resources Stock Up 1.2%

Shares of REX American Resources stock traded up $0.59 during trading hours on Tuesday, reaching $51.86. 10,863 shares of the stock traded hands, compared to its average volume of 123,409. The company has a 50 day moving average price of $49.54 and a 200 day moving average price of $43.19. The firm has a market capitalization of $854.13 million, a price-to-earnings ratio of 16.11 and a beta of 0.58. REX American Resources Corporation has a one year low of $33.45 and a one year high of $55.36.

REX American Resources (NYSE:REX - Get Free Report) last posted its earnings results on Wednesday, May 28th. The energy company reported $0.51 EPS for the quarter, beating analysts' consensus estimates of $0.34 by $0.17. REX American Resources had a return on equity of 8.97% and a net margin of 8.86%. The firm had revenue of $158.34 million during the quarter, compared to the consensus estimate of $161.00 million. Sell-side analysts anticipate that REX American Resources Corporation will post 2.93 earnings per share for the current year.

REX American Resources Profile

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.