REX American Resources Co. (NYSE:REX) Position Boosted by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund lifted its stake in REX American Resources Co. (NYSE:REX) by 6.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,103 shares of the energy company’s stock after purchasing an additional 2,075 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned 0.18% of REX American Resources worth $1,486,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in REX. Pacer Advisors Inc. purchased a new position in shares of REX American Resources during the 3rd quarter valued at $20,590,000. American Century Companies Inc. grew its stake in REX American Resources by 148.8% in the second quarter. American Century Companies Inc. now owns 268,660 shares of the energy company’s stock valued at $12,248,000 after purchasing an additional 160,685 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of REX American Resources by 440.6% during the 2nd quarter. AQR Capital Management LLC now owns 86,140 shares of the energy company’s stock worth $3,927,000 after purchasing an additional 70,207 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of REX American Resources by 6.0% during the 1st quarter. Vanguard Group Inc. now owns 1,201,410 shares of the energy company’s stock valued at $70,535,000 after buying an additional 68,211 shares during the last quarter. Finally, Victory Capital Management Inc. grew its stake in shares of REX American Resources by 532.2% in the 2nd quarter. Victory Capital Management Inc. now owns 71,709 shares of the energy company’s stock valued at $3,269,000 after buying an additional 60,367 shares in the last quarter. Hedge funds and other institutional investors own 88.12% of the company’s stock.

Analysts Set New Price Targets

Separately, Truist Financial cut their price objective 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 Up 0.1 %

Shares of NYSE:REX opened at $43.31 on Monday. The stock has a market capitalization of $760.96 million, a PE ratio of 11.02 and a beta of 0.94. The firm has a fifty day moving average price of $45.64 and a 200 day moving average price of $46.46. REX American Resources Co. has a 1 year low of $40.05 and a 1 year high of $60.78.

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.