REX American Resources Co. (NYSE:REX) Shares Purchased by Barclays PLC

Barclays PLC raised its holdings in REX American Resources Co. (NYSE:REX - Free Report) by 87.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 42,855 shares of the energy company's stock after purchasing an additional 19,977 shares during the period. Barclays PLC owned about 0.24% of REX American Resources worth $1,983,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. FMR LLC raised its holdings in REX American Resources by 34.8% in the third 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. CWM LLC increased its position in shares of REX American Resources by 167.2% in the 3rd quarter. CWM LLC now owns 3,222 shares of the energy company's stock worth $149,000 after purchasing an additional 2,016 shares during the last quarter. Intech Investment Management LLC bought a new stake in shares of REX American Resources in the 3rd quarter worth about $213,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of REX American Resources in the 3rd quarter valued at about $228,000. Finally, HighTower Advisors LLC bought a new position in shares of REX American Resources during the third quarter worth about $246,000. 88.12% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

REX American Resources Price Performance

REX traded down $0.01 during trading hours on Friday, hitting $41.57. 125,560 shares of the stock were exchanged, compared to its average volume of 155,460. REX American Resources Co. has a 12 month low of $39.02 and a 12 month high of $60.78. The stock has a 50-day simple moving average of $43.86 and a 200-day simple moving average of $44.96. The stock has a market cap of $730.26 million, a price-to-earnings ratio of 10.88 and a beta of 0.90.

REX American Resources (NYSE:REX - Get Free Report) last posted its quarterly earnings results on Tuesday, December 3rd. The energy company reported $1.38 earnings per share (EPS) 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 prior year, the company posted $1.49 EPS. Sell-side analysts expect that REX American Resources Co. will post 3.03 EPS for the current year.

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.