Trexquant Investment LP Sells 15,106 Shares of REX American Resources Corporation $REX

Key Points

• Trexquant Investment LP reduced its stake in REX American Resources by 21.3%, now holding 55,931 shares worth approximately $2.1 million.
• Institutional investors control 88.12% of REX American Resources, with notable increases in holdings from Ieq Capital LLC and American Century Companies Inc. during the first quarter.
• REX American Resources reported a net margin of 7.91% and earnings per share of $0.43, exceeding analysts' estimates of $0.38.

Trexquant Investment LP cut its stake in shares of REX American Resources Corporation (NYSE:REX - Free Report) by 21.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 55,931 shares of the energy company's stock after selling 15,106 shares during the quarter. Trexquant Investment LP owned 0.34% of REX American Resources worth $2,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Ieq Capital LLC boosted its stake in shares of REX American Resources by 6.9% during the first quarter. Ieq Capital LLC now owns 6,586 shares of the energy company's stock valued at $247,000 after purchasing an additional 424 shares during the period. Rafferty Asset Management LLC raised its holdings in REX American Resources by 9.6% during the 1st quarter. Rafferty Asset Management LLC now owns 13,479 shares of the energy company's stock valued at $506,000 after buying an additional 1,180 shares during the last quarter. American Century Companies Inc. boosted its position in REX American Resources by 9.7% during the 1st quarter. American Century Companies Inc. now owns 462,314 shares of the energy company's stock valued at $17,369,000 after buying an additional 40,693 shares during the period. Public Sector Pension Investment Board grew its holdings in REX American Resources by 27.3% in the 1st quarter. Public Sector Pension Investment Board now owns 49,004 shares of the energy company's stock worth $1,841,000 after acquiring an additional 10,496 shares during the last quarter. Finally, Nuveen LLC purchased a new position in shares of REX American Resources in the first quarter valued at about $5,824,000. 88.12% of the stock is owned by hedge funds and other institutional investors.

REX American Resources Stock Up 0.5%

Shares of REX American Resources stock traded up $0.29 during trading on Monday, reaching $61.96. 105,075 shares of the stock were exchanged, compared to its average volume of 121,541. REX American Resources Corporation has a 1 year low of $33.45 and a 1 year high of $64.95. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 21.00 and a beta of 0.66. The stock's fifty day moving average is $55.36 and its 200 day moving average is $45.84.

REX American Resources (NYSE:REX - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The energy company reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates of $0.38 by $0.05. REX American Resources had a return on equity of 8.09% and a net margin of 7.91%.The firm had revenue of $158.56 million for the quarter, compared to analyst estimates of $165.00 million. Equities analysts forecast 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.