NewEdge Advisors LLC Acquires 15,459 Shares of Rexford Industrial Realty, Inc. $REXR

NewEdge Advisors LLC boosted its stake in shares of Rexford Industrial Realty, Inc. (NYSE:REXR) by 181.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 23,959 shares of the real estate investment trust’s stock after buying an additional 15,459 shares during the period. NewEdge Advisors LLC’s holdings in Rexford Industrial Realty were worth $784,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Lazard Asset Management LLC increased its position in shares of Rexford Industrial Realty by 1.0% during the second quarter. Lazard Asset Management LLC now owns 35,475 shares of the real estate investment trust’s stock worth $1,261,000 after acquiring an additional 362 shares in the last quarter. IFM Investors Pty Ltd lifted its position in Rexford Industrial Realty by 1.0% in the 1st quarter. IFM Investors Pty Ltd now owns 38,360 shares of the real estate investment trust’s stock valued at $1,256,000 after acquiring an additional 370 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in Rexford Industrial Realty by 8.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,878 shares of the real estate investment trust’s stock valued at $189,000 after acquiring an additional 387 shares in the last quarter. Koa Wealth Management LLC lifted its position in Rexford Industrial Realty by 0.9% in the 1st quarter. Koa Wealth Management LLC now owns 46,268 shares of the real estate investment trust’s stock valued at $1,514,000 after acquiring an additional 408 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Rexford Industrial Realty by 13.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,804 shares of the real estate investment trust’s stock worth $125,000 after purchasing an additional 441 shares during the period. Institutional investors own 99.52% of the company’s stock.

Wall Street Analyst Weigh In

REXR has been the topic of several recent research reports. Weiss Ratings downgraded Rexford Industrial Realty from a “hold (c)” rating to a “sell (d)” rating in a research note on Wednesday. Wells Fargo & Company decreased their price objective on Rexford Industrial Realty from $45.00 to $44.00 and set an “overweight” rating for the company in a report on Monday, June 1st. Citigroup reissued a “neutral” rating on shares of Rexford Industrial Realty in a research report on Wednesday. Scotiabank upgraded Rexford Industrial Realty from a “sector perform” rating to a “sector outperform” rating and cut their target price for the company from $38.00 to $36.00 in a research note on Thursday, June 18th. Finally, Truist Financial reduced their price target on Rexford Industrial Realty from $40.00 to $38.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Five analysts have rated the stock with a Buy rating, five have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Rexford Industrial Realty has a consensus rating of “Hold” and an average price target of $40.38.

Rexford Industrial Realty Trading Up 0.2%

Rexford Industrial Realty stock opened at $37.84 on Monday. The firm has a 50-day moving average of $35.20 and a 200-day moving average of $36.07. Rexford Industrial Realty, Inc. has a one year low of $32.14 and a one year high of $44.38. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.70 and a quick ratio of 1.70. The company has a market cap of $8.44 billion, a price-to-earnings ratio of -20.91, a P/E/G ratio of 1.57 and a beta of 1.19.

Rexford Industrial Realty (NYSE:REXR) last announced its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported ($2.26) earnings per share for the quarter, missing the consensus estimate of $0.60 by ($2.86). Rexford Industrial Realty had a negative net margin of 39.22% and a negative return on equity of 4.61%. The company had revenue of $243.00 million during the quarter, compared to the consensus estimate of $240.24 million. During the same quarter in the previous year, the business earned $0.59 EPS. Rexford Industrial Realty’s revenue was down 1.6% on a year-over-year basis. Rexford Industrial Realty has set its FY 2026 guidance at 2.380-2.430 EPS. On average, equities analysts expect that Rexford Industrial Realty, Inc. will post 2.41 earnings per share for the current fiscal year.

Rexford Industrial Realty Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a $0.435 dividend. This represents a $1.74 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Wednesday, September 30th. Rexford Industrial Realty’s dividend payout ratio (DPR) is currently -96.13%.

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.