REX

REX American Resources (REX) Price Target Increased by 11.27% to 60.44

The average one-year price target for REX American Resources (NYSE:REX) has been revised to 60.44 / share. This is an increase of 11.27% from the prior estimate of 54.32 dated March 28, 2024.

The price target is an average of many targets provided by analysts. The latest targets range from a low of 48.98 to a high of 73.50 / share. The average price target represents an increase of 10.59% from the latest reported closing price of 54.65 / share.

What is the Fund Sentiment?

There are 428 funds or institutions reporting positions in REX American Resources. This is an increase of 19 owner(s) or 4.65% in the last quarter. Average portfolio weight of all funds dedicated to REX is 0.11%, an increase of 12.58%. Total shares owned by institutions increased in the last three months by 0.92% to 15,714K shares. REX / REX American Resources Corporation Put/Call Ratios The put/call ratio of REX is 0.25, indicating a bullish outlook.

What are Other Shareholders Doing?

REX / REX American Resources Corporation Shares Held by Institutions

IJR - iShares Core S&P Small-Cap ETF holds 1,019K shares representing 5.82% ownership of the company. In it's prior filing, the firm reported owning 1,021K shares, representing a decrease of 0.16%. The firm increased its portfolio allocation in REX by 0.30% over the last quarter.

Renaissance Technologies holds 887K shares representing 5.07% ownership of the company. In it's prior filing, the firm reported owning 852K shares, representing an increase of 3.99%. The firm increased its portfolio allocation in REX by 9.84% over the last quarter.

Systematic Financial Management holds 706K shares representing 4.03% ownership of the company. In it's prior filing, the firm reported owning 788K shares, representing a decrease of 11.71%. The firm decreased its portfolio allocation in REX by 20.83% over the last quarter.

Brown Advisory holds 646K shares representing 3.69% ownership of the company. In it's prior filing, the firm reported owning 672K shares, representing a decrease of 3.93%. The firm decreased its portfolio allocation in REX by 47.53% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 477K shares representing 2.73% ownership of the company. No change in the last quarter.

REX American Resources Background Information
(This description is provided by the company.)

REX American Resources has interests in six ethanol production facilities, which in aggregate shipped approximately 605 million gallons of ethanol over the twelve month period ended October 31, 2020. REX's effective ownership of the trailing twelve month gallons shipped (for the twelve months ended October 31, 2020) by the ethanol production facilities in which it currently has ownership interests was approximately 220 million gallons.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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