REX American Resources Co. (NYSE:REX) Stock Holdings Increased by BNP Paribas Financial Markets

BNP Paribas Financial Markets raised its position in shares of REX American Resources Co. (NYSE:REX) by 9.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,353 shares of the energy company’s stock after buying an additional 904 shares during the quarter. BNP Paribas Financial Markets owned about 0.06% of REX American Resources worth $479,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. FMR LLC raised its position in shares of REX American Resources by 34.8% during the 3rd quarter. FMR LLC now owns 2,345 shares of the energy company’s stock valued at $109,000 after acquiring an additional 605 shares in the last quarter. Cerity Partners LLC lifted its position in shares of REX American Resources by 26.3% in the 3rd quarter. Cerity Partners LLC now owns 10,190 shares of the energy company’s stock worth $472,000 after buying an additional 2,122 shares during the last quarter. Pacer Advisors Inc. acquired a new position in shares of REX American Resources in the 3rd quarter valued at about $20,590,000. Intech Investment Management LLC bought a new stake in shares of REX American Resources during the 3rd quarter valued at about $213,000. Finally, Empowered Funds LLC grew its position in shares of REX American Resources by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 71,921 shares of the energy company’s stock valued at $3,329,000 after buying an additional 3,618 shares during the last quarter. Institutional investors own 88.12% of the company’s stock.

REX American Resources Price Performance

Shares of REX opened at $41.43 on Friday. The company has a market cap of $727.93 million, a P/E ratio of 10.85 and a beta of 0.90. REX American Resources Co. has a 12 month low of $39.39 and a 12 month high of $60.78. The stock has a fifty day moving average price of $44.76 and a 200 day moving average price of $45.49.

REX American Resources (NYSE:REX) last released its quarterly earnings data on Tuesday, December 3rd. The energy company reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates 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 period in the previous year, the firm posted $1.49 EPS. As a group, research analysts anticipate that REX American Resources Co. will post 3.03 earnings per share for the current year.

Wall Street Analyst Weigh In

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

REX American Resources 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.