Texas Permanent School Fund Corp Sells 865 Shares of REX American Resources Co. (NYSE:REX)

Texas Permanent School Fund Corp lowered its position in REX American Resources Co. (NYSE:REX) by 6.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,463 shares of the energy company’s stock after selling 865 shares during the period. Texas Permanent School Fund Corp owned approximately 0.07% of REX American Resources worth $568,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of REX. Diversified Trust Co raised its stake in REX American Resources by 10.5% in the second quarter. Diversified Trust Co now owns 4,854 shares of the energy company’s stock valued at $221,000 after buying an additional 460 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of REX American Resources by 3.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 18,657 shares of the energy company’s stock valued at $1,096,000 after acquiring an additional 569 shares in the last quarter. New York State Teachers Retirement System raised its position in shares of REX American Resources by 13.1% in the 1st quarter. New York State Teachers Retirement System now owns 8,615 shares of the energy company’s stock valued at $506,000 after purchasing an additional 1,000 shares during the last quarter. US Bancorp DE boosted its stake in REX American Resources by 20.6% in the 1st quarter. US Bancorp DE now owns 6,481 shares of the energy company’s stock worth $380,000 after purchasing an additional 1,106 shares in the last quarter. Finally, CWM LLC boosted its stake in REX American Resources by 1,944.1% in the 2nd quarter. CWM LLC now owns 1,206 shares of the energy company’s stock worth $55,000 after purchasing an additional 1,147 shares in the last quarter. Institutional investors own 88.12% of the company’s stock.

REX American Resources Stock Performance

REX American Resources stock opened at $46.51 on Friday. The business’s 50-day simple moving average is $45.67 and its two-hundred day simple moving average is $49.08. The company has a market cap of $814.11 million, a PE ratio of 12.40 and a beta of 0.94. REX American Resources Co. has a fifty-two week low of $35.73 and a fifty-two week high of $60.78.

REX American Resources (NYSE:REX) last announced its quarterly earnings data on Tuesday, August 27th. The energy company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.44 by $0.26. The business had revenue of $148.16 million during the quarter, compared to analysts’ expectations of $146.00 million. REX American Resources had a net margin of 9.64% and a return on equity of 11.69%. During the same period in the previous year, the business posted $0.52 EPS. As a group, analysts predict that REX American Resources Co. will post 2.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Truist Financial decreased their price target on shares of REX American Resources from $65.00 to $60.00 and set a “buy” rating for the company in a report on Tuesday, August 27th.

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.