Susquehanna International Group LLP Trims Stock Holdings in REX American Resources Corporation $REX

Susquehanna International Group LLP cut its holdings in shares of REX American Resources Corporation (NYSE:REX) by 66.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 8,991 shares of the energy company’s stock after selling 17,620 shares during the quarter. Susquehanna International Group LLP’s holdings in REX American Resources were worth $406,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of REX American Resources in the second quarter worth $255,640,000. Vanguard Group Inc. boosted its stake in REX American Resources by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 2,529,944 shares of the energy company’s stock valued at $81,768,000 after acquiring an additional 93,312 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in REX American Resources by 89.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,152,938 shares of the energy company’s stock worth $65,923,000 after acquiring an additional 1,015,668 shares in the last quarter. Mangrove Partners IM LLC grew its holdings in REX American Resources by 92.8% during the 4th quarter. Mangrove Partners IM LLC now owns 1,015,234 shares of the energy company’s stock worth $32,812,000 after acquiring an additional 488,682 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of REX American Resources by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 695,670 shares of the energy company’s stock worth $22,486,000 after purchasing an additional 2,647 shares during the last quarter. 88.12% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings cut shares of REX American Resources from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, August 24th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Insiders Place Their Bets

In other REX American Resources news, insider Stuart A. Rose sold 15,186 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $43.64, for a total transaction of $662,717.04. Following the sale, the insider directly owned 573,094 shares of the company’s stock, valued at approximately $25,009,822.16. This represents a 2.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 100,000 shares of company stock worth $4,395,989 in the last three months. 13.21% of the stock is owned by insiders.

REX American Resources Trading Down 0.5%

REX stock opened at $41.16 on Tuesday. The firm has a market cap of $1.36 billion, a P/E ratio of 14.67 and a beta of 0.64. REX American Resources Corporation has a 12-month low of $30.02 and a 12-month high of $53.36. The stock’s 50 day simple moving average is $44.41 and its 200 day simple moving average is $43.61.

About REX American Resources

REX American Resources Corp. is a diversified agribusiness and renewable energy company headquartered in Kansas City, Missouri. Founded in 2005 through a reorganization of existing agricultural interests, the company focuses on two primary business segments: fuel ethanol production and specialty ingredient solutions. REX American Resources leverages its integrated operations to supply clean-burning fuel, animal feed co-products and sweetener ingredients to a broad customer base in North America and beyond.

In its alcohol fuels segment, the company operates an anhydrous ethanol production facility in Colwich, Kansas.