Parametric Portfolio Associates LLC Trims Position in REX American Resources Corp (NYSE:REX)

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Parametric Portfolio Associates LLC cut its holdings in shares of REX American Resources Corp (NYSE:REX) by 16.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 17,548 shares of the energy company’s stock after selling 3,335 shares during the quarter. Parametric Portfolio Associates LLC owned 0.28% of REX American Resources worth $1,279,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of REX. Dynamic Technology Lab Private Ltd purchased a new position in REX American Resources during the 1st quarter worth approximately $396,000. First Trust Advisors LP raised its position in REX American Resources by 2.0% during the 1st quarter. First Trust Advisors LP now owns 10,472 shares of the energy company’s stock worth $844,000 after buying an additional 206 shares during the last quarter. WINTON GROUP Ltd purchased a new position in REX American Resources during the 2nd quarter worth approximately $253,000. New York State Teachers Retirement System increased its holdings in shares of REX American Resources by 31.8% during the 2nd quarter. New York State Teachers Retirement System now owns 3,318 shares of the energy company’s stock valued at $242,000 after purchasing an additional 800 shares in the last quarter. Finally, Westside Investment Management Inc. purchased a new position in shares of REX American Resources during the 2nd quarter valued at approximately $185,000. 87.36% of the stock is owned by institutional investors.

NYSE:REX opened at $74.92 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 11.63 and a quick ratio of 10.64. The firm has a market cap of $461.11 million, a price-to-earnings ratio of 25.80 and a beta of 0.83. The company has a 50 day moving average price of $74.56 and a 200-day moving average price of $76.43. REX American Resources Corp has a 1-year low of $61.71 and a 1-year high of $89.80.

REX American Resources (NYSE:REX) last posted its earnings results on Thursday, August 29th. The energy company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $1.19 by ($0.83). The firm had revenue of $105.87 million for the quarter. REX American Resources had a net margin of 4.02% and a return on equity of 4.02%.

In other news, Director Mervyn L. Alphonso sold 764 shares of REX American Resources stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $77.85, for a total transaction of $59,477.40. Following the completion of the transaction, the director now directly owns 1,005 shares of the company’s stock, valued at approximately $78,239.25. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 11.40% of the stock is owned by insiders.

REX American Resources Profile

REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol. It operates through two segments, Ethanol and By-Products, and Refined Coal. The company also offers dried distillers grains, modified distillers grains, non-food grade corn oil, and others. In addition, it provides dry distillers grains with solubles, which is used as a protein in animal feed; and produces, processes, and sells refined coal.

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Institutional Ownership by Quarter for REX American Resources (NYSE:REX)

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