Dimensional Fund Advisors LP Has $63.17 Million Stock Position in REX American Resources Co. (NYSE:REX)

Dimensional Fund Advisors LP decreased its position in REX American Resources Co. (NYSE:REX - Free Report) by 3.9% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,385,527 shares of the energy company's stock after selling 55,625 shares during the period. Dimensional Fund Advisors LP owned about 7.92% of REX American Resources worth $63,166,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of REX. American Century Companies Inc. lifted its position in shares of REX American Resources by 148.8% in 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 in the last quarter. Los Angeles Capital Management LLC lifted its position in REX American Resources by 9.2% during the 2nd quarter. Los Angeles Capital Management LLC now owns 30,947 shares of the energy company's stock worth $1,411,000 after buying an additional 2,598 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of REX American Resources by 532.2% during the 2nd quarter. Victory Capital Management Inc. now owns 71,709 shares of the energy company's stock worth $3,269,000 after buying an additional 60,367 shares during the last quarter. TD Asset Management Inc grew its holdings in shares of REX American Resources by 4.9% in the 2nd quarter. TD Asset Management Inc now owns 28,000 shares of the energy company's stock valued at $1,277,000 after acquiring an additional 1,300 shares in the last quarter. Finally, Rhumbline Advisers increased its position in shares of REX American Resources by 2.4% in the second quarter. Rhumbline Advisers now owns 56,067 shares of the energy company's stock valued at $2,556,000 after acquiring an additional 1,301 shares during the last quarter. Institutional investors and hedge funds own 88.12% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Truist Financial reduced their price target on REX American Resources from $65.00 to $60.00 and set a "buy" rating for the company in a research report on Tuesday, August 27th.

REX American Resources Stock Performance

REX traded up $1.40 during trading on Friday, reaching $46.12. 138,393 shares of the stock were exchanged, compared to its average volume of 160,596. The stock's 50 day moving average price is $45.54 and its two-hundred day moving average price is $49.12. REX American Resources Co. has a twelve month low of $35.73 and a twelve month high of $60.78. The stock has a market cap of $807.28 million, a P/E ratio of 12.30 and a beta of 0.94.

REX American Resources (NYSE:REX - Get Free Report) last released its quarterly earnings data on Tuesday, August 27th. The energy company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.26. REX American Resources had a net margin of 9.64% and a return on equity of 11.69%. The company had revenue of $148.16 million for the quarter, compared to analyst estimates of $146.00 million. During the same period in the previous year, the business earned $0.52 EPS. Equities research analysts predict that REX American Resources Co. will post 2.6 earnings per share for the current fiscal 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.