REX American Resources Corporation $REX Shares Sold by Susquehanna International Group LLP

Susquehanna International Group LLP trimmed its position in REX American Resources Corporation (NYSE:REX) by 66.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,991 shares of the energy company’s stock after selling 17,620 shares during the quarter. Susquehanna International Group LLP’s holdings in REX American Resources were worth $406,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. AQR Capital Management LLC increased its position in REX American Resources by 29.2% during the 1st quarter. AQR Capital Management LLC now owns 96,316 shares of the energy company’s stock worth $3,619,000 after purchasing an additional 21,781 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in REX American Resources by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,161 shares of the energy company’s stock valued at $344,000 after buying an additional 390 shares during the period. Empowered Funds LLC lifted its position in REX American Resources by 4.1% during the first quarter. Empowered Funds LLC now owns 78,667 shares of the energy company’s stock valued at $2,956,000 after buying an additional 3,128 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in REX American Resources by 74.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 82,244 shares of the energy company’s stock worth $3,090,000 after buying an additional 35,209 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in REX American Resources by 55.3% during the second quarter. JPMorgan Chase & Co. now owns 95,608 shares of the energy company’s stock worth $4,657,000 after buying an additional 34,030 shares during the period. 88.12% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at REX American Resources

In other news, insider Stuart A. Rose sold 69,335 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $43.77, for a total value of $3,034,792.95. Following the completion of the transaction, the insider directly owned 588,280 shares in the company, valued at approximately $25,749,015.60. This represents a 10.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 100,000 shares of company stock valued at $4,395,989 in the last ninety days. 13.21% of the stock is currently owned by corporate insiders.

REX American Resources Stock Performance

REX American Resources stock opened at $41.16 on Tuesday. The firm has a market capitalization of $1.36 billion, a PE ratio of 14.67 and a beta of 0.64. REX American Resources Corporation has a one year low of $30.02 and a one year high of $53.36. The stock’s 50 day moving average price is $44.41 and its 200 day moving average price is $43.61.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of REX American Resources from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, August 24th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, REX American Resources presently has a consensus rating of “Buy”.

REX American Resources Profile

REX American Resources Corp. is a diversified agribusiness and renewable energy company headquartered in Kansas City, Missouri. Founded in 2005 through a reorganization of existing agricultural interests, the company focuses on two primary business segments: fuel ethanol production and specialty ingredient solutions. REX American Resources leverages its integrated operations to supply clean-burning fuel, animal feed co-products and sweetener ingredients to a broad customer base in North America and beyond.

In its alcohol fuels segment, the company operates an anhydrous ethanol production facility in Colwich, Kansas.