WINTON GROUP Ltd purchased a new position in REX American Resources Corp (NYSE:REX) during the 2nd quarter, Holdings Channel reports. The fund purchased 3,472 shares of the energy company’s stock, valued at approximately $253,000.
A number of other hedge funds also recently bought and sold shares of REX. Quantamental Technologies LLC bought a new position in REX American Resources during the 1st quarter worth about $30,000. BNP Paribas Arbitrage SA grew its holdings in REX American Resources by 29,250.0% during the 1st quarter. BNP Paribas Arbitrage SA now owns 1,174 shares of the energy company’s stock worth $95,000 after acquiring an additional 1,170 shares in the last quarter. Metropolitan Life Insurance Co. NY grew its holdings in REX American Resources by 372.9% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 2,024 shares of the energy company’s stock worth $138,000 after acquiring an additional 1,596 shares in the last quarter. Crossmark Global Holdings Inc. bought a new position in REX American Resources during the 1st quarter worth about $211,000. Finally, Royce & Associates LP bought a new position in REX American Resources during the 1st quarter worth about $278,000. 87.36% of the stock is currently owned by institutional investors.
Separately, TheStreet cut shares of REX American Resources from a “b-” rating to a “c+” rating in a report on Thursday, June 13th.
REX American Resources (NYSE:REX) last issued its earnings results on Thursday, May 30th. The energy company reported $0.45 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.53 by ($1.08). REX American Resources had a return on equity of 5.61% and a net margin of 5.31%. The business had revenue of $104.58 million for the quarter.
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, non-food grade corn oil, and others. 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 Story: How does a margin account work?
Want to see what other hedge funds are holding REX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for REX American Resources Corp (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.