Bank of New York Mellon Corp lessened its position in shares of REX American Resources Corp (NYSE:REX) by 4.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 88,409 shares of the energy company’s stock after selling 3,859 shares during the quarter. Bank of New York Mellon Corp owned approximately 1.35% of REX American Resources worth $8,296,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in REX. Teachers Advisors LLC raised its stake in shares of REX American Resources by 3.1% during the 1st quarter. Teachers Advisors LLC now owns 10,121 shares of the energy company’s stock worth $916,000 after buying an additional 305 shares during the last quarter. Schwab Charles Investment Management Inc. raised its stake in shares of REX American Resources by 85.4% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 65,624 shares of the energy company’s stock worth $6,337,000 after buying an additional 30,221 shares during the last quarter. Rhumbline Advisers raised its stake in shares of REX American Resources by 2.3% during the 2nd quarter. Rhumbline Advisers now owns 12,021 shares of the energy company’s stock worth $1,161,000 after buying an additional 266 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of REX American Resources by 170.3% during the 2nd quarter. SG Americas Securities LLC now owns 4,712 shares of the energy company’s stock worth $455,000 after buying an additional 2,969 shares during the last quarter. Finally, Legal & General Group Plc raised its stake in shares of REX American Resources by 11.4% during the 2nd quarter. Legal & General Group Plc now owns 10,268 shares of the energy company’s stock worth $992,000 after buying an additional 1,047 shares during the last quarter. 89.66% of the stock is owned by institutional investors and hedge funds.

REX American Resources Corp (NYSE REX) opened at $83.27 on Thursday. REX American Resources Corp has a one year low of $76.10 and a one year high of $107.87. The firm has a market cap of $551.02, a PE ratio of 16.62 and a beta of 1.61.

In other REX American Resources news, CFO Douglas Bruggeman sold 1,218 shares of REX American Resources stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $95.47, for a total value of $116,282.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lawrence Tomchin sold 1,000 shares of REX American Resources stock in a transaction dated Tuesday, October 3rd. The shares were sold at an average price of $96.00, for a total value of $96,000.00. The disclosure for this sale can be found here. Insiders own 12.20% of the company’s stock.

WARNING: This report was reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are viewing this report on another domain, it was illegally copied and reposted in violation of US & international trademark & copyright legislation. The legal version of this report can be accessed at https://theolympiareport.com/2017/12/28/rex-american-resources-corp-rex-holdings-reduced-by-bank-of-new-york-mellon-corp.html.

REX American Resources Profile

Rex American Resources Corporation is a holding company. As of January 31, 2017, the Company had invested in three ethanol production entities. It operates through alternative energy segment. As of January 31, 2017, the Company’s ethanol investments include One Earth Energy, LLC (One Earth), NuGen Energy, LLC (NuGen) and Big River Resources, LLC (Big River).

Institutional Ownership by Quarter for REX American Resources (NYSE:REX)

Receive News & Ratings for REX American Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for REX American Resources and related companies with Analyst Ratings Network's FREE daily email newsletter.