Cerity Partners LLC Has $472,000 Stock Holdings in REX American Resources Co. (NYSE:REX)

Cerity Partners LLC boosted its position in REX American Resources Co. (NYSE:REX) by 26.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 10,190 shares of the energy company’s stock after buying an additional 2,122 shares during the quarter. Cerity Partners LLC’s holdings in REX American Resources were worth $472,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in REX. CWM LLC raised its position in shares of REX American Resources by 1,944.1% during the 2nd quarter. CWM LLC now owns 1,206 shares of the energy company’s stock valued at $55,000 after acquiring an additional 1,147 shares during the last quarter. Intech Investment Management LLC bought a new stake in REX American Resources in the third quarter valued at about $213,000. SG Americas Securities LLC increased its holdings in REX American Resources by 95.5% in the second quarter. SG Americas Securities LLC now owns 4,641 shares of the energy company’s stock valued at $212,000 after purchasing an additional 2,267 shares during the last quarter. Diversified Trust Co lifted its stake in REX American Resources by 10.5% in the second quarter. Diversified Trust Co now owns 4,854 shares of the energy company’s stock valued at $221,000 after buying an additional 460 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new position in REX American Resources during the third quarter worth about $228,000. 88.12% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Truist Financial cut their price target on shares of REX American Resources from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, August 27th.

REX American Resources Trading Down 0.4 %

Shares of REX American Resources stock opened at $40.79 on Monday. The stock’s fifty day simple moving average is $45.24 and its 200 day simple moving average is $45.87. The company has a market capitalization of $716.56 million, a PE ratio of 10.68 and a beta of 0.90. REX American Resources Co. has a 12 month low of $39.39 and a 12 month high of $60.78.

REX American Resources (NYSE:REX) last released its quarterly earnings data on Tuesday, December 3rd. The energy company reported $1.38 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.66. REX American Resources had a return on equity of 11.05% and a net margin of 10.07%. During the same quarter in the previous year, the firm posted $1.49 EPS. Analysts predict that REX American Resources Co. will post 2.6 EPS for the current fiscal year.

About REX American Resources

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.