Swiss National Bank raised its holdings in REX American Resources Corp (NYSE:REX) by 1.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,600 shares of the energy company’s stock after acquiring an additional 200 shares during the quarter. Swiss National Bank’s holdings in REX American Resources were worth $773,000 as of its most recent filing with the SEC.
A number of other institutional investors have also added to or reduced their stakes in REX. BNP Paribas Arbitrage SA lifted its stake in REX American Resources by 29,250.0% during the 1st quarter. BNP Paribas Arbitrage SA now owns 1,174 shares of the energy company’s stock valued at $95,000 after acquiring an additional 1,170 shares during the period. SG Americas Securities LLC lifted its stake in REX American Resources by 59.4% during the 1st quarter. SG Americas Securities LLC now owns 4,494 shares of the energy company’s stock valued at $362,000 after acquiring an additional 1,674 shares during the period. Quantamental Technologies LLC acquired a new stake in REX American Resources during the 1st quarter valued at approximately $30,000. Alps Advisors Inc. acquired a new stake in REX American Resources during the 1st quarter valued at approximately $362,000. Finally, Comerica Bank lifted its stake in REX American Resources by 3.0% during the 1st quarter. Comerica Bank now owns 5,686 shares of the energy company’s stock valued at $473,000 after acquiring an additional 164 shares during the period. 87.69% of the stock is owned by institutional investors.
Shares of NYSE:REX traded down $0.84 during trading on Friday, hitting $77.31. 413 shares of the stock traded hands, compared to its average volume of 47,663. The company has a quick ratio of 10.64, a current ratio of 11.63 and a debt-to-equity ratio of 0.03. The company has a market cap of $490.75 million, a price-to-earnings ratio of 27.46 and a beta of 0.92. The company has a fifty day moving average price of $72.70 and a two-hundred day moving average price of $76.89. REX American Resources Corp has a 52-week low of $61.71 and a 52-week high of $89.80.
Separately, TheStreet cut shares of REX American Resources from a “b-” rating to a “c+” rating in a research note on Thursday, June 13th.
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 Company 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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