5,600 Shares in REX American Resources Corporation (NYSE:REX) Purchased by South Dakota Investment Council

South Dakota Investment Council acquired a new stake in shares of REX American Resources Corporation (NYSE:REX - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 5,600 shares of the energy company's stock, valued at approximately $210,000.

A number of other hedge funds have also modified their holdings of REX. CWM LLC lifted its holdings in shares of REX American Resources by 139.8% in the first quarter. CWM LLC now owns 1,990 shares of the energy company's stock worth $75,000 after buying an additional 1,160 shares in the last quarter. State of Wyoming increased its holdings in shares of 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. GF Fund Management CO. LTD. purchased a new stake in shares of REX American Resources during the 4th quarter valued at about $200,000. First Trust Advisors LP purchased a new stake in shares of REX American Resources during the 4th quarter valued at about $244,000. Finally, GAMMA Investing LLC raised its position in shares of REX American Resources by 5,304.6% during the 1st quarter. GAMMA Investing LLC now owns 7,026 shares of the energy company's stock valued at $264,000 after buying an additional 6,896 shares in the last quarter. 88.12% of the stock is currently owned by institutional investors.

REX American Resources Stock Up 1.1%

REX American Resources stock traded up $0.60 during midday trading on Friday, reaching $54.15. The stock had a trading volume of 15,474 shares, compared to its average volume of 126,017. The firm has a market cap of $891.73 million, a price-to-earnings ratio of 16.82 and a beta of 0.56. The company has a fifty day moving average of $48.02 and a 200 day moving average of $42.70. REX American Resources Corporation has a 52-week low of $33.45 and a 52-week high of $55.36.

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

Analyst Upgrades and Downgrades

Separately, Truist Financial restated a "buy" rating and set a $50.00 target price (down from $55.00) on shares of REX American Resources in a research report on Thursday, March 27th.

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.