Hotchkis & Wiley Capital Management LLC Purchases 172,780 Shares of REX American Resources Co. (NYSE:REX)

Hotchkis & Wiley Capital Management LLC lifted its position in REX American Resources Co. (NYSE:REX - Free Report) by 254.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 240,597 shares of the energy company's stock after acquiring an additional 172,780 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned approximately 1.37% of REX American Resources worth $11,137,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Pacer Advisors Inc. bought a new position in REX American Resources during the third quarter valued at about $20,590,000. American Century Companies Inc. boosted its position in REX American Resources by 148.8% during the second quarter. American Century Companies Inc. now owns 268,660 shares of the energy company's stock worth $12,248,000 after purchasing an additional 160,685 shares during the period. AQR Capital Management LLC boosted its position in REX American Resources by 440.6% during the second quarter. AQR Capital Management LLC now owns 86,140 shares of the energy company's stock worth $3,927,000 after purchasing an additional 70,207 shares during the period. Vanguard Group Inc. boosted its position in REX American Resources by 6.0% during the first quarter. Vanguard Group Inc. now owns 1,201,410 shares of the energy company's stock worth $70,535,000 after purchasing an additional 68,211 shares during the period. Finally, Victory Capital Management Inc. boosted its position in REX American Resources by 532.2% during the second quarter. Victory Capital Management Inc. now owns 71,709 shares of the energy company's stock worth $3,269,000 after purchasing an additional 60,367 shares during the period. Institutional investors own 88.12% of the company's stock.

REX American Resources Trading Down 0.7 %

Shares of REX American Resources stock traded down $0.30 on Wednesday, reaching $41.65. The stock had a trading volume of 245,810 shares, compared to its average volume of 150,320. REX American Resources Co. has a 1 year low of $39.39 and a 1 year high of $60.78. The company has a market cap of $731.67 million, a P/E ratio of 10.60 and a beta of 0.90. The business's 50 day moving average is $45.42 and its two-hundred day moving average is $46.16.

REX American Resources (NYSE:REX - Get Free Report) last announced its earnings results on Tuesday, December 3rd. The energy company reported $1.38 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.66. REX American Resources had a net margin of 9.64% and a return on equity of 11.69%. During the same period in the prior year, the company earned $1.49 EPS. On average, equities analysts anticipate that REX American Resources Co. will post 2.6 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Truist Financial lowered their price target on shares of REX American Resources from $65.00 to $60.00 and set a "buy" rating on the stock in a report on Tuesday, August 27th.

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.