11,090 Shares in REX American Resources Corp (REX) Purchased by Municipal Employees Retirement System of Michigan

Municipal Employees Retirement System of Michigan acquired a new position in shares of REX American Resources Corp (NYSE:REX) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 11,090 shares of the energy company’s stock, valued at approximately $755,000. Municipal Employees Retirement System of Michigan owned about 0.18% of REX American Resources at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Metropolitan Life Insurance Co. NY increased its holdings in shares of REX American Resources by 372.9% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 2,024 shares of the energy company’s stock valued at $138,000 after acquiring an additional 1,596 shares during the period. Oregon Public Employees Retirement Fund acquired a new position in shares of REX American Resources in the 4th quarter valued at $147,000. SG Americas Securities LLC increased its holdings in shares of REX American Resources by 42.9% in the 4th quarter. SG Americas Securities LLC now owns 2,820 shares of the energy company’s stock valued at $192,000 after acquiring an additional 846 shares during the period. Brandywine Global Investment Management LLC acquired a new position in shares of REX American Resources in the 4th quarter valued at $233,000. Finally, Westside Investment Management Inc. increased its holdings in shares of REX American Resources by 16.6% in the 4th quarter. Westside Investment Management Inc. now owns 3,510 shares of the energy company’s stock valued at $239,000 after acquiring an additional 500 shares during the period. Institutional investors and hedge funds own 86.38% of the company’s stock.

Shares of REX American Resources stock traded up $0.26 during trading on Friday, reaching $84.11. The company’s stock had a trading volume of 24,225 shares, compared to its average volume of 31,670. The stock has a market capitalization of $527.74 million, a price-to-earnings ratio of 17.13 and a beta of 0.77. REX American Resources Corp has a fifty-two week low of $61.71 and a fifty-two week high of $85.00.

REX American Resources (NYSE:REX) last announced its quarterly earnings data on Thursday, March 21st. The energy company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.84 by ($0.67). The firm had revenue of $113.34 million during the quarter. REX American Resources had a net margin of 6.50% and a return on equity of 7.18%.

COPYRIGHT VIOLATION WARNING: “11,090 Shares in REX American Resources Corp (REX) Purchased by Municipal Employees Retirement System of Michigan” was published by Baseball Daily News and is the sole property of of Baseball Daily News. If you are viewing this story on another domain, it was copied illegally and republished in violation of United States and international copyright laws. The legal version of this story can be viewed at https://www.baseballdailydigest.com/news/2019/04/21/11090-shares-in-rex-american-resources-corp-rex-purchased-by-municipal-employees-retirement-system-of-michigan.html.

REX American Resources Company Profile

REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol. It operates through two segments, Ethanol and By-Products, and Refined Coal. The company also offers dried distillers grains, modified distillers grains, and non-food grade corn oil. In addition, it provides dry distillers grains with solubles, which is used as a protein in animal feed; and produces, processes, and sells refined coal.

Featured Article: Green Investing

Institutional Ownership by Quarter for REX American Resources (NYSE:REX)

Receive News & Ratings for REX American Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for REX American Resources and related companies with MarketBeat.com's FREE daily email newsletter.