Victory Capital Management Inc. Has $3.52 Million Stock Position in REX American Resources Co. (NYSE:REX)

Victory Capital Management Inc. raised its position in REX American Resources Co. (NYSE:REX) by 1.5% in the 4th quarter, HoldingsChannel reports. The fund owned 84,316 shares of the energy company’s stock after purchasing an additional 1,221 shares during the period. Victory Capital Management Inc.’s holdings in REX American Resources were worth $3,515,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Systematic Financial Management LP raised its holdings in shares of REX American Resources by 8.3% in the 3rd quarter. Systematic Financial Management LP now owns 692,926 shares of the energy company’s stock worth $32,076,000 after buying an additional 52,891 shares in the last quarter. Pacer Advisors Inc. acquired a new position in shares of REX American Resources in the 3rd quarter worth approximately $20,590,000. Geode Capital Management LLC raised its holdings in shares of REX American Resources by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 365,780 shares of the energy company’s stock worth $16,935,000 after buying an additional 7,080 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in shares of REX American Resources by 254.8% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 240,597 shares of the energy company’s stock worth $11,137,000 after buying an additional 172,780 shares in the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of REX American Resources by 3.9% in the 4th quarter. Principal Financial Group Inc. now owns 81,726 shares of the energy company’s stock worth $3,407,000 after buying an additional 3,094 shares in the last quarter. Institutional investors and hedge funds own 88.12% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Truist Financial dropped their target price on REX American Resources from $60.00 to $55.00 and set a “buy” rating for the company in a report on Monday, December 9th.

REX American Resources Trading Up 0.5 %

Shares of REX opened at $36.06 on Monday. The stock has a market cap of $633.43 million, a PE ratio of 9.44 and a beta of 0.92. REX American Resources Co. has a 1 year low of $35.40 and a 1 year high of $60.79. The stock has a 50 day simple moving average of $40.84 and a 200-day simple moving average of $43.00.

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.