XTX Topco Ltd Buys Shares of 14,514 REX American Resources Co. (NYSE:REX)

XTX Topco Ltd bought 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 Form 13F filing with the Securities and Exchange Commission. The fund bought 14,514 shares of the energy company's stock, valued at approximately $605,000. XTX Topco Ltd owned about 0.08% of REX American Resources at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of REX. Illinois Municipal Retirement Fund boosted its holdings in shares of REX American Resources by 2.9% in the 4th quarter. Illinois Municipal Retirement Fund now owns 8,720 shares of the energy company's stock valued at $364,000 after acquiring an additional 245 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of REX American Resources by 0.6% in the 3rd quarter. Principal Financial Group Inc. now owns 78,632 shares of the energy company's stock valued at $3,640,000 after acquiring an additional 432 shares during the last quarter. New York State Teachers Retirement System lifted its stake in shares of 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 purchasing an additional 600 shares during the period. FMR LLC lifted its stake in shares of REX American Resources by 34.8% in the 3rd quarter. FMR LLC now owns 2,345 shares of the energy company's stock valued at $109,000 after purchasing an additional 605 shares during the period. Finally, Diversified Trust Co lifted its stake in shares of REX American Resources by 12.5% in the 4th quarter. Diversified Trust Co now owns 5,471 shares of the energy company's stock valued at $228,000 after purchasing an additional 610 shares during the period. Hedge funds and other institutional investors own 88.12% of the company's stock.

Wall Street Analyst Weigh In

Separately, Truist Financial restated a "buy" rating and set a $50.00 price objective (down from $55.00) on shares of REX American Resources in a research report on Thursday, March 27th.

REX American Resources Stock Up 1.6 %

Shares of REX American Resources stock traded up $0.64 on Thursday, hitting $40.71. 21,216 shares of the company were exchanged, compared to its average volume of 155,241. The stock has a market capitalization of $692.55 million, a price-to-earnings ratio of 10.64 and a beta of 0.69. The company has a 50-day moving average price of $38.29 and a 200 day moving average price of $41.64. REX American Resources Co. has a 1-year low of $33.45 and a 1-year high of $60.41.

REX American Resources (NYSE:REX - Get Free Report) last issued its earnings results on Wednesday, March 26th. The energy company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.36. REX American Resources had a return on equity of 11.05% and a net margin of 10.07%. The business had revenue of $158.23 million for the quarter, compared to analysts' expectations of $163.00 million. During the same period in the previous year, the firm posted $1.16 EPS. Research analysts forecast that REX American Resources Co. will post 2.93 EPS for the current year.

REX American Resources declared that its board has approved a share repurchase plan on Wednesday, March 26th that allows the company to repurchase 1,500,000 outstanding shares. This repurchase authorization allows the energy company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its stock is undervalued.

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.