444,807 Shares in REX American Resources Co. (NYSE:REX) Bought by Pacer Advisors Inc.

Pacer Advisors Inc. bought a new stake in REX American Resources Co. (NYSE:REX - Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 444,807 shares of the energy company's stock, valued at approximately $20,590,000. Pacer Advisors Inc. owned approximately 2.53% of REX American Resources as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. SG Americas Securities LLC acquired a new stake in shares of REX American Resources during the first quarter worth $139,000. Sei Investments Co. increased its position in REX American Resources by 226.9% in the first quarter. Sei Investments Co. now owns 14,034 shares of the energy company's stock worth $824,000 after buying an additional 9,741 shares during the period. US Bancorp DE increased its holdings in shares of REX American Resources by 20.6% in the 1st quarter. US Bancorp DE now owns 6,481 shares of the energy company's stock worth $380,000 after acquiring an additional 1,106 shares during the period. State Board of Administration of Florida Retirement System raised its holdings in shares of REX American Resources by 146.2% during the first quarter. State Board of Administration of Florida Retirement System now owns 17,874 shares of the energy company's stock valued at $1,049,000 after buying an additional 10,613 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in REX American Resources by 6.0% during the 1st quarter. Vanguard Group Inc. now owns 1,201,410 shares of the energy company's stock valued at $70,535,000 after acquiring an additional 68,211 shares in the last quarter. Institutional investors own 88.12% of the company's stock.

Analysts Set New Price Targets

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

REX American Resources Price Performance

Shares of REX traded down $0.09 during trading hours on Friday, hitting $45.45. 109,061 shares of the company were exchanged, compared to its average volume of 97,286. The company has a market capitalization of $798.56 million, a PE ratio of 11.56 and a beta of 0.94. The firm has a fifty day simple moving average of $45.83 and a 200-day simple moving average of $47.06. REX American Resources Co. has a one year low of $36.40 and a one year high of $60.78.

REX American Resources (NYSE:REX - Get Free Report) last posted its quarterly earnings data on Tuesday, August 27th. The energy company reported $0.70 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.26. The firm had revenue of $148.16 million during the quarter, compared to analyst estimates of $146.00 million. REX American Resources had a net margin of 9.64% and a return on equity of 11.69%. During the same quarter last year, the business posted $0.52 EPS. Sell-side analysts expect that REX American Resources Co. will post 2.6 EPS for the current year.

REX American Resources 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.