Proficio Capital Partners LLC purchased a new position in shares of REX American Resources Co. (NYSE:REX - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 21,345 shares of the energy company's stock, valued at approximately $890,000. Proficio Capital Partners LLC owned about 0.12% of REX American Resources as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the stock. Illinois Municipal Retirement Fund increased its holdings in shares of REX American Resources by 2.9% during the 4th quarter. Illinois Municipal Retirement Fund now owns 8,720 shares of the energy company's stock worth $364,000 after acquiring an additional 245 shares during the last quarter. Ieq Capital LLC acquired a new position in REX American Resources in the 4th quarter valued at $257,000. Principal Financial Group Inc. grew its holdings in REX American Resources by 3.9% in the 4th quarter. Principal Financial Group Inc. now owns 81,726 shares of the energy company's stock valued at $3,407,000 after buying an additional 3,094 shares in the last quarter. New York State Teachers Retirement System grew its holdings in REX American Resources by 5.4% in the 4th quarter. New York State Teachers Retirement System now owns 11,781 shares of the energy company's stock valued at $491,000 after buying an additional 600 shares in the last quarter. Finally, Empowered Funds LLC lifted its position in shares of REX American Resources by 5.0% during the 4th quarter. Empowered Funds LLC now owns 75,539 shares of the energy company's stock valued at $3,149,000 after acquiring an additional 3,618 shares during the period. Institutional investors and hedge funds own 88.12% of the company's stock.
REX American Resources Stock Down 1.2 %
Shares of REX stock opened at $37.16 on Friday. REX American Resources Co. has a twelve month low of $35.91 and a twelve month high of $60.79. The company has a market cap of $652.86 million, a P/E ratio of 9.73 and a beta of 0.92. The business has a fifty day simple moving average of $41.44 and a 200 day simple moving average of $43.37.
Analyst Ratings Changes
Separately, Truist Financial cut their target price on REX American Resources from $60.00 to $55.00 and set a "buy" rating for the company in a research report on Monday, December 9th.
Read Our Latest Report on REX
REX American Resources Profile
(
Free Report)
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.
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