Kapitalo Investimentos Ltda Acquires Shares of 7,722 REX American Resources Corporation (NYSE:REX)

Key Points

• Kapitalo Investimentos Ltda has acquired 7,722 shares of REX American Resources Corporation, valued at approximately $290,000, as reported in their recent SEC filing.
• Other institutional investors, including American Century and Vanguard Group, have also made significant adjustments to their holdings in REX, demonstrating strong institutional interest in the company.
• REX American Resources reported earnings of $0.51 EPS for the last quarter, surpassing expectations and reflecting a net margin of 8.86%.

Kapitalo Investimentos Ltda acquired a new stake in shares of REX American Resources Corporation (NYSE:REX - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,722 shares of the energy company's stock, valued at approximately $290,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in REX. American Century Companies Inc. lifted its position in REX American Resources by 14.1% during the fourth quarter. American Century Companies Inc. now owns 421,621 shares of the energy company's stock valued at $17,577,000 after buying an additional 51,945 shares during the period. KLP Kapitalforvaltning AS purchased a new position in shares of REX American Resources in the 4th quarter worth about $375,000. Vanguard Group Inc. raised its position in shares of REX American Resources by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 1,304,619 shares of the energy company's stock worth $54,390,000 after purchasing an additional 5,149 shares during the last quarter. WINTON GROUP Ltd raised its position in shares of REX American Resources by 10.7% in the 4th quarter. WINTON GROUP Ltd now owns 25,924 shares of the energy company's stock worth $1,081,000 after purchasing an additional 2,514 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of REX American Resources by 19.0% in the 4th quarter. JPMorgan Chase & Co. now owns 123,419 shares of the energy company's stock worth $5,145,000 after purchasing an additional 19,686 shares during the last quarter. Hedge funds and other institutional investors own 88.12% of the company's stock.

REX American Resources Price Performance

REX opened at $54.05 on Friday. The stock has a 50-day moving average price of $48.25 and a 200-day moving average price of $42.76. The firm has a market cap of $890.17 million, a PE ratio of 16.79 and a beta of 0.56. REX American Resources Corporation has a 1 year low of $33.45 and a 1 year high of $55.36.

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

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