Victory Capital Management Inc. Buys 1,221 Shares of REX American Resources Co. (NYSE:REX)

Victory Capital Management Inc. lifted its stake in shares of REX American Resources Co. (NYSE:REX) by 1.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 84,316 shares of the energy company’s stock after acquiring an additional 1,221 shares during the quarter. Victory Capital Management Inc. owned about 0.48% of REX American Resources worth $3,515,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in REX. Systematic Financial Management LP lifted its position in shares of REX American Resources by 8.3% during the 3rd quarter. Systematic Financial Management LP now owns 692,926 shares of the energy company’s stock worth $32,076,000 after purchasing an additional 52,891 shares during the last quarter. Pacer Advisors Inc. acquired a new position in shares of REX American Resources during the 3rd quarter worth about $20,590,000. Geode Capital Management LLC lifted its position in shares of REX American Resources by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 365,780 shares of the energy company’s stock worth $16,935,000 after purchasing an additional 7,080 shares during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in shares of REX American Resources by 254.8% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 240,597 shares of the energy company’s stock worth $11,137,000 after purchasing an additional 172,780 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of REX American Resources by 3.9% during the 4th quarter. Principal Financial Group Inc. now owns 81,726 shares of the energy company’s stock worth $3,407,000 after purchasing an additional 3,094 shares during the last quarter. Institutional investors own 88.12% of the company’s stock.

REX American Resources Stock Performance

NYSE REX opened at $36.06 on Monday. The stock has a 50-day simple moving average of $40.84 and a 200 day simple moving average of $43.00. The stock has a market capitalization of $633.43 million, a PE ratio of 9.44 and a beta of 0.92. REX American Resources Co. has a twelve month low of $35.40 and a twelve month high of $60.79.

Analyst Ratings Changes

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

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.