The most recent 13F filing that REX American Resources Co. made with the Securities and Exchange Commission reveals that Los Angeles Capital Management LLC increased its stake in the company during the third quarter. REX American Resources Company is the one that made the announcement. The company finished the quarter with 66,330 shares of the energy company’s stock in its possession. This was accomplished by the purchase of an additional 49,335 shares of the stock throughout the quarter. When the most recent reporting period closed, Los Angeles Capital Management LLC held approximately 0.38% of REX American Resources, valued at $1,852,000.
Recent months have seen several other institutional investors and hedge funds change the stock holdings contained within their respective investment portfolios. Regarding REX American Resources, Dimensional Fund Advisors LP’s holdings at the beginning of 2018 saw a 0.3 percent increase during the first three months of the year. After making an additional 1,582 stock purchases throughout the period in question, Dimensional Fund Advisors LP is now the owner of 478,448 shares of the energy company’s stock. These shares are currently worth a total of $47,653,000 as of right now. The value of Vanguard Group Inc.’s holdings in REX American Resources increased by 3.7% during the first three months of the year. Vanguard Group Inc. now holds 410,810 energy company stock shares, with a market value of $40,917,000. This resulted from purchasing 14,517 additional shares during the most recent fiscal quarter. During the second quarter, State Street Corporation’s holdings in REX American Resources were boosted by 20.3%. State Street Corp. now has 304,932 shares of the energy company’s stock, worth a combined total of $25,858,000 after purchasing an additional 51,476 shares during the preceding quarter. This brings the total number of shares owned by State Street Corp. to 304,932. DNB Asset Management AS achieved a 147.0% increase in the size of its holdings in REX American Resources over the third quarter. Following purchasing 116,420 additional shares during the most recent quarter, DNB Asset Management AS now directly owns a total of 195,633 shares in the energy company, which have a value of $5,460,000.
And last but not least, during the company’s third fiscal quarter, Pacer Advisors Inc. increased its holdings of REX American Resources shares by a total of 384.5%. After purchasing an additional 99,594 shares during the most recent quarter, Pacer Advisors Inc. now has 125,495 shares of the energy company’s stock, valued at $3,504,000. This brings the total number of shares that the company owns to a total of 125,495. At present, hedge funds and other institutional investors own 81.77 percent of the company’s stock.
On October 12th, the day it first began covering the company, StockNews.com released a research report on REX American Resources. The report was published in its entirety here. They suggested that an interested party purchase the company.
When trading started on Friday, the price of a share of REX was $31.36. The company currently has a price-to-earnings ratio of 13.62, and the stock’s beta value is 0.95. The stock is currently valued at $545.35 million on the market. The lowest point during the past year for REX American Resources Co. was $26.05, and the highest point during the past year was $36.31. The current price of the company’s stock is $30.96, which is less than th
