Hsbc Holdings PLC Acquires 58,270 Shares of Rexford Industrial Realty, Inc. $REXR

Hsbc Holdings PLC raised its holdings in Rexford Industrial Realty, Inc. (NYSE:REXR) by 17.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 387,836 shares of the real estate investment trust’s stock after acquiring an additional 58,270 shares during the period. Hsbc Holdings PLC’s holdings in Rexford Industrial Realty were worth $15,017,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. V Square Quantitative Management LLC purchased a new position in shares of Rexford Industrial Realty during the fourth quarter worth about $31,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in Rexford Industrial Realty in the fourth quarter valued at approximately $34,000. Wiser Advisor Group LLC bought a new stake in Rexford Industrial Realty during the third quarter valued at approximately $34,000. Allworth Financial LP lifted its position in Rexford Industrial Realty by 140.3% during the third quarter. Allworth Financial LP now owns 983 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 574 shares during the last quarter. Finally, Meeder Asset Management Inc. grew its stake in Rexford Industrial Realty by 724.4% in the 4th quarter. Meeder Asset Management Inc. now owns 1,113 shares of the real estate investment trust’s stock worth $43,000 after buying an additional 978 shares in the last quarter. Institutional investors own 99.52% of the company’s stock.

Rexford Industrial Realty Price Performance

REXR stock opened at $34.36 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.50 and a current ratio of 1.50. Rexford Industrial Realty, Inc. has a 52 week low of $32.14 and a 52 week high of $44.38. The firm’s fifty day moving average is $34.85 and its 200 day moving average is $36.45. The firm has a market cap of $7.76 billion, a P/E ratio of 36.94, a P/E/G ratio of 1.43 and a beta of 1.21.

Rexford Industrial Realty (NYSE:REXR) last issued its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.11. The company had revenue of $242.14 million for the quarter, compared to analysts’ expectations of $243.78 million. Rexford Industrial Realty had a net margin of 23.25% and a return on equity of 2.64%. The firm’s revenue was down 2.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.62 EPS. Rexford Industrial Realty has set its FY 2026 guidance at 2.370-2.42 EPS. Research analysts predict that Rexford Industrial Realty, Inc. will post 2.4 earnings per share for the current year.

Rexford Industrial Realty Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.435 dividend. This represents a $1.74 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend is Tuesday, June 30th. Rexford Industrial Realty’s payout ratio is 187.10%.

Insider Buying and Selling at Rexford Industrial Realty

In other Rexford Industrial Realty news, General Counsel David E. Lanzer sold 33,299 shares of Rexford Industrial Realty stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $35.47, for a total value of $1,181,115.53. Following the transaction, the general counsel directly owned 33,299 shares of the company’s stock, valued at $1,181,115.53. The trade was a 50.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.80% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Wells Fargo & Company lowered their price objective on shares of Rexford Industrial Realty from $45.00 to $44.00 and set an “overweight” rating on the stock in a research report on Monday, June 1st. Raymond James Financial started coverage on shares of Rexford Industrial Realty in a research report on Wednesday, June 17th. They issued an “underperform” rating for the company. Scotiabank raised Rexford Industrial Realty from a “sector perform” rating to a “sector outperform” rating and reduced their target price for the company from $38.00 to $36.00 in a research note on Thursday, June 18th. Zacks Research raised Rexford Industrial Realty from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Finally, Wall Street Zen cut Rexford Industrial Realty from a “hold” rating to a “sell” rating in a report on Saturday. Five investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $40.62.

Rexford Industrial Realty Company Profile

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.