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

A number of other hedge funds and other institutional investors have also recently bought and sold shares of REX. Brown Advisory Inc. grew its position in REX American Resources by 9.7% in the fourth quarter. Brown Advisory Inc. now owns 682,563 shares of the energy company's stock valued at $28,456,000 after acquiring an additional 60,600 shares during the last quarter. Pacer Advisors Inc. bought a new stake in shares of REX American Resources during the first quarter worth about $2,213,000. American Century Companies Inc. grew its holdings in shares of 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 worth $17,577,000 after purchasing an additional 51,945 shares during the last quarter. Brandywine Global Investment Management LLC grew its holdings in shares of REX American Resources by 382.0% during the fourth quarter. Brandywine Global Investment Management LLC now owns 59,530 shares of the energy company's stock worth $2,482,000 after purchasing an additional 47,180 shares during the last quarter. Finally, Trexquant Investment LP grew its holdings in shares of REX American Resources by 177.4% during the fourth quarter. Trexquant Investment LP now owns 71,037 shares of the energy company's stock worth $2,962,000 after purchasing an additional 45,425 shares during the last quarter. Institutional investors own 88.12% of the company's stock.

REX American Resources Stock Performance

Shares of NYSE:REX traded down $0.06 during midday trading on Wednesday, hitting $54.27. 13,931 shares of the stock were exchanged, compared to its average volume of 124,824. The stock has a market capitalization of $893.83 million, a price-to-earnings ratio of 16.85 and a beta of 0.56. The business's 50-day moving average price is $48.49 and its 200 day moving average price is $42.83. REX American Resources Corporation has a 12 month low of $33.45 and a 12 month high of $55.36.

REX American Resources (NYSE:REX - Get Free Report) last released its quarterly earnings results on Wednesday, May 28th. The energy company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.17. The company had revenue of $158.34 million for the quarter, compared to analysts' expectations 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 expect that REX American Resources Corporation will post 2.93 EPS for the current year.

REX American Resources Company 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.