New York State Teachers Retirement System Has $491,000 Position in REX American Resources Co. (NYSE:REX)

New York State Teachers Retirement System lifted its position in shares of REX American Resources Co. (NYSE:REX) by 5.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,781 shares of the energy company’s stock after purchasing an additional 600 shares during the period. New York State Teachers Retirement System owned 0.07% of REX American Resources worth $491,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of REX. Systematic Financial Management LP grew its holdings in REX American Resources by 8.3% in the 3rd quarter. Systematic Financial Management LP now owns 692,926 shares of the energy company’s stock valued at $32,076,000 after buying an additional 52,891 shares in the last quarter. Pacer Advisors Inc. bought a new stake in shares of REX American Resources in the third quarter valued at about $20,590,000. Geode Capital Management LLC boosted its position in shares of REX American Resources by 2.0% in the third quarter. Geode Capital Management LLC now owns 365,780 shares of the energy company’s stock valued at $16,935,000 after acquiring an additional 7,080 shares during the period. Hotchkis & Wiley Capital Management LLC grew its stake in shares of REX American Resources by 254.8% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 240,597 shares of the energy company’s stock valued at $11,137,000 after acquiring an additional 172,780 shares in the last quarter. Finally, Victory Capital Management Inc. increased its position in REX American Resources by 15.9% during the third quarter. Victory Capital Management Inc. now owns 83,095 shares of the energy company’s stock worth $3,846,000 after acquiring an additional 11,386 shares during the period. 88.12% of the stock is owned by institutional investors.

REX American Resources Price Performance

NYSE:REX opened at $40.51 on Tuesday. REX American Resources Co. has a one year low of $39.02 and a one year high of $60.78. The company has a market cap of $711.64 million, a PE ratio of 10.60 and a beta of 0.91. The firm has a 50-day moving average of $41.97 and a 200-day moving average of $43.84.

REX American Resources (NYSE:REX) last posted its earnings results on Tuesday, December 3rd. The energy company reported $1.38 EPS for the quarter, topping the consensus estimate of $0.72 by $0.66. REX American Resources had a net margin of 10.07% and a return on equity of 11.05%. During the same quarter in the previous year, the company posted $1.49 EPS. On average, equities research analysts expect that REX American Resources Co. will post 2.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Truist Financial decreased their price target on REX American Resources from $60.00 to $55.00 and set a “buy” rating on the stock in a research report on Monday, December 9th.

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.