Northwestern Mutual Wealth Management Co. Boosts Position in Rexford Industrial Realty, Inc. $REXR

Northwestern Mutual Wealth Management Co. increased its stake in Rexford Industrial Realty, Inc. (NYSE:REXR) by 5,347.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 156,941 shares of the real estate investment trust’s stock after acquiring an additional 154,060 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Rexford Industrial Realty were worth $6,077,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Sumitomo Mitsui Trust Group Inc. increased its position in Rexford Industrial Realty by 24.3% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 323,592 shares of the real estate investment trust’s stock valued at $12,529,000 after purchasing an additional 63,313 shares during the period. Knights of Columbus Asset Advisors LLC purchased a new position in Rexford Industrial Realty during the 3rd quarter valued at about $1,879,000. Cibc World Market Inc. purchased a new position in Rexford Industrial Realty during the 3rd quarter valued at about $41,111,000. Whittier Trust Co. increased its position in Rexford Industrial Realty by 30.6% during the 3rd quarter. Whittier Trust Co. now owns 383,961 shares of the real estate investment trust’s stock valued at $16,000,000 after purchasing an additional 89,903 shares during the period. Finally, Barclays PLC increased its position in Rexford Industrial Realty by 175.0% during the 3rd quarter. Barclays PLC now owns 1,994,915 shares of the real estate investment trust’s stock valued at $82,011,000 after purchasing an additional 1,269,603 shares during the period. Hedge funds and other institutional investors own 99.52% of the company’s stock.

Rexford Industrial Realty Stock Up 0.3%

Shares of Rexford Industrial Realty stock opened at $36.17 on Friday. The firm’s 50 day moving average price is $34.91 and its 200-day moving average price is $37.99. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.38. Rexford Industrial Realty, Inc. has a 52-week low of $32.14 and a 52-week high of $44.38. The company has a market cap of $8.16 billion, a P/E ratio of 38.89, a PEG ratio of 1.51 and a beta of 1.23.

Rexford Industrial Realty (NYSE:REXR) last issued its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.11. Rexford Industrial Realty had a net margin of 23.25% and a return on equity of 2.64%. The firm had revenue of $242.14 million for the quarter, compared to the consensus estimate of $243.79 million. During the same quarter in the previous year, the firm earned $0.62 EPS. The company’s quarterly revenue was down 2.9% compared to the same quarter last year. Rexford Industrial Realty has set its FY 2026 guidance at 2.370-2.42 EPS. On average, sell-side analysts predict that Rexford Industrial Realty, Inc. will post 2.39 EPS for the current fiscal year.

Rexford Industrial Realty Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a $0.435 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.74 dividend on an annualized basis and a dividend yield of 4.8%. Rexford Industrial Realty’s payout ratio is presently 187.10%.

Insider Transactions at Rexford Industrial Realty

In other news, COO Laura E. Clark acquired 5,310 shares of the business’s stock in a transaction dated Friday, February 27th. The shares were purchased at an average price of $37.73 per share, with a total value of $200,346.30. Following the transaction, the chief operating officer directly owned 5,310 shares in the company, valued at approximately $200,346.30. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael S. Frankel sold 23,132 shares of Rexford Industrial Realty stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $35.29, for a total transaction of $816,328.28. Following the completion of the transaction, the chief executive officer directly owned 560,406 shares in the company, valued at approximately $19,776,727.74. The trade was a 3.96% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have bought 12,960 shares of company stock worth $486,804. 1.80% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

REXR has been the topic of a number of research reports. iA Financial set a $45.00 target price on shares of Rexford Industrial Realty in a research report on Friday, February 6th. Truist Financial cut their target price on shares of Rexford Industrial Realty from $40.00 to $38.00 and set a “buy” rating on the stock in a research report on Thursday. Citigroup cut their target price on shares of Rexford Industrial Realty from $46.00 to $39.00 and set a “neutral” rating on the stock in a research report on Friday, February 13th. Weiss Ratings reissued a “hold (c-)” rating on shares of Rexford Industrial Realty in a research report on Tuesday, May 12th. Finally, Robert W. Baird set a $40.00 target price on shares of Rexford Industrial Realty in a research report on Tuesday, February 17th. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $41.69.

About Rexford Industrial Realty

Rexford Industrial Realty, Inc (NYSE: REXR) is a real estate investment trust (REIT) specializing in the acquisition, ownership and operation of industrial properties in Southern California. The company’s portfolio is concentrated in infill locations across key supply-chain markets, where it targets modern distribution centers, logistics facilities and light manufacturing spaces. Rexford’s strategy emphasizes buildings that offer proximity to major transportation routes and labor pools, catering to tenants in e-commerce, third-party logistics and manufacturing industries.

Since its founding in 2013, Rexford Industrial Realty has executed a disciplined growth plan driven by property acquisitions, selective development projects and strategic value-add initiatives.