REX American Resources Corp. (NYSE:REX) insider Stuart A. Rose sold 13,562 shares of the business’s stock in a transaction on Wednesday, September 21st. The shares were sold at an average price of $84.11, for a total transaction of $1,140,699.82. Following the transaction, the insider now owns 638,804 shares in the company, valued at $53,729,804.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

REX American Resources Corp. (NYSE:REX) opened at 84.53 on Friday. The stock has a market capitalization of $556.38 million, a PE ratio of 25.71 and a beta of 1.64. The stock’s 50 day moving average is $77.70 and its 200 day moving average is $62.38. REX American Resources Corp. has a 12-month low of $44.48 and a 12-month high of $87.13.

REX American Resources Corp. (NYSE:REX) last released its quarterly earnings results on Thursday, August 25th. The company reported $1.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.11 by $0.13. REX American Resources Corp. had a net margin of 5.11% and a return on equity of 6.16%. The business had revenue of $115.70 million for the quarter, compared to analysts’ expectations of $109.09 million. Analysts forecast that REX American Resources Corp. will post $3.81 EPS for the current year.

Hedge funds have recently added to or reduced their stakes in the stock. BlackRock Advisors LLC raised its position in shares of REX American Resources Corp. by 3.5% in the second quarter. BlackRock Advisors LLC now owns 2,838 shares of the company’s stock valued at $170,000 after buying an additional 96 shares in the last quarter. United Services Automobile Association raised its position in shares of REX American Resources Corp. by 3.0% in the second quarter. United Services Automobile Association now owns 6,870 shares of the company’s stock valued at $411,000 after buying an additional 200 shares in the last quarter. Parametric Portfolio Associates LLC raised its position in shares of REX American Resources Corp. by 1.7% in the second quarter. Parametric Portfolio Associates LLC now owns 17,033 shares of the company’s stock valued at $1,019,000 after buying an additional 292 shares in the last quarter. BlackRock Group LTD raised its position in shares of REX American Resources Corp. by 6.7% in the second quarter. BlackRock Group LTD now owns 6,113 shares of the company’s stock valued at $366,000 after buying an additional 383 shares in the last quarter. Finally, Guggenheim Capital LLC raised its position in shares of REX American Resources Corp. by 3.1% in the second quarter. Guggenheim Capital LLC now owns 14,022 shares of the company’s stock valued at $839,000 after buying an additional 426 shares in the last quarter. 95.28% of the stock is currently owned by institutional investors and hedge funds.

Separately, Feltl & Co. started coverage on shares of REX American Resources Corp. in a report on Thursday, September 15th. They set a “buy” rating and a $94.50 price target on the stock.

About REX American Resources Corp.

Rex American Resources Corporation is a holding company. The Company has invested in approximately three ethanol production entities, two of which the Company has a majority ownership interest in. The Company operates through alternative energy segment. The Company’s ethanol investments include One Earth Energy, LLC (One Earth), NuGen Energy, LLC (NuGen) and Big River Resources, LLC (Big River).

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