REX American Resources Co. (NYSE:REX) Shares Sold by Citigroup Inc.

Citigroup Inc. lowered its position in shares of REX American Resources Co. (NYSE:REX) by 25.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,015 shares of the energy company’s stock after selling 4,112 shares during the quarter. Citigroup Inc. owned approximately 0.07% of REX American Resources worth $489,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. South Dakota Investment Council acquired a new position in shares of REX American Resources during the third quarter valued at approximately $1,854,000. Hsbc Holdings PLC acquired a new position in shares of REX American Resources during the third quarter valued at approximately $244,000. Invesco Ltd. increased its holdings in shares of REX American Resources by 5.2% in the third quarter. Invesco Ltd. now owns 293,943 shares of the energy company’s stock valued at $11,969,000 after purchasing an additional 14,593 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of REX American Resources by 84.5% in the third quarter. Allspring Global Investments Holdings LLC now owns 893 shares of the energy company’s stock valued at $36,000 after purchasing an additional 409 shares during the last quarter. Finally, Los Angeles Capital Management LLC increased its holdings in shares of REX American Resources by 24.4% in the third quarter. Los Angeles Capital Management LLC now owns 40,864 shares of the energy company’s stock valued at $1,664,000 after purchasing an additional 8,005 shares during the last quarter. Institutional investors and hedge funds own 79.55% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised REX American Resources from a “hold” rating to a “buy” rating in a report on Thursday, March 7th.

REX American Resources Stock Performance

NYSE:REX opened at $44.56 on Friday. REX American Resources Co. has a one year low of $27.42 and a one year high of $51.19. The stock has a market cap of $779.80 million, a PE ratio of 16.03 and a beta of 1.04. The stock has a 50 day moving average price of $43.37 and a 200 day moving average price of $41.60.

REX American Resources Company Profile

REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol in the United States. The company also offers corn, distillers grains, non-food grade corn oil, gasoline, and natural gas. In addition, it provides dry distillers grains with solubles, which is used as a protein in animal feed.