Nuveen LLC Makes New $5.82 Million Investment in REX American Resources Corporation $REX

Key Points

• Nuveen LLC invested approximately $5.82 million in REX American Resources Corporation by acquiring 155,020 shares during the 1st quarter of the year.
• REX American Resources reported $0.51 earnings per share (EPS) for the last quarter, surpassing the consensus estimate of $0.34, while total revenue was $158.34 million.
• The energy company's stock has experienced a 1.2% increase recently, with a market cap of approximately $998.05 million and its shares trading around $60.60.

Nuveen LLC purchased a new position in REX American Resources Corporation (NYSE:REX - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 155,020 shares of the energy company's stock, valued at approximately $5,824,000. Nuveen LLC owned approximately 0.93% of REX American Resources at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Brown Advisory Inc. grew its position in REX American Resources by 9.7% during the 4th quarter. Brown Advisory Inc. now owns 682,563 shares of the energy company's stock valued at $28,456,000 after purchasing an additional 60,600 shares during the last quarter. Pacer Advisors Inc. purchased a new stake in shares of REX American Resources during the 1st quarter valued at about $2,213,000. Jane Street Group LLC purchased a new stake in shares of REX American Resources during the 4th quarter valued at about $1,734,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of REX American Resources by 22.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 184,692 shares of the energy company's stock valued at $6,939,000 after acquiring an additional 33,661 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. lifted its stake in shares of REX American Resources by 12.1% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 240,443 shares of the energy company's stock worth $10,024,000 after purchasing an additional 25,991 shares during the period. 88.12% of the stock is currently owned by institutional investors.

REX American Resources Price Performance

Shares of NYSE:REX traded up $3.32 during trading on Thursday, hitting $64.16. The company's stock had a trading volume of 158,261 shares, compared to its average volume of 95,544. REX American Resources Corporation has a 12 month low of $33.45 and a 12 month high of $64.95. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 21.75 and a beta of 0.58. The company has a 50-day moving average of $53.74 and a 200-day moving average of $44.98.

REX American Resources (NYSE:REX - Get Free Report) last released its earnings results on Wednesday, August 27th. The energy company reported $0.43 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.05. The company had revenue of $158.56 million for the quarter, compared to analysts' expectations of $165.00 million. REX American Resources had a net margin of 7.91% and a return on equity of 8.09%. As a group, research analysts anticipate that REX American Resources Corporation will post 2.93 earnings per share for the current year.

About REX American Resources

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.