NewEdge Advisors LLC Has $785,000 Stock Holdings in Rexford Industrial Realty, Inc. $REXR

NewEdge Advisors LLC raised its position in Rexford Industrial Realty, Inc. (NYSE:REXR) by 182.2% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 23,989 shares of the real estate investment trust’s stock after acquiring an additional 15,489 shares during the period. NewEdge Advisors LLC’s holdings in Rexford Industrial Realty were worth $785,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Hsbc Holdings PLC grew its position in Rexford Industrial Realty by 17.7% in the fourth quarter. Hsbc Holdings PLC now owns 387,836 shares of the real estate investment trust’s stock valued at $15,017,000 after purchasing an additional 58,270 shares in the last quarter. Principal Financial Group Inc. lifted its position in Rexford Industrial Realty by 19.5% during the 4th quarter. Principal Financial Group Inc. now owns 11,518,739 shares of the real estate investment trust’s stock worth $446,006,000 after buying an additional 1,881,905 shares in the last quarter. William Blair Investment Management LLC lifted its position in Rexford Industrial Realty by 7.8% during the 4th quarter. William Blair Investment Management LLC now owns 935,111 shares of the real estate investment trust’s stock worth $36,207,000 after buying an additional 67,276 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Rexford Industrial Realty by 5,347.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 156,941 shares of the real estate investment trust’s stock worth $6,077,000 after buying an additional 154,060 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Rexford Industrial Realty by 13.2% during the 1st quarter. The Manufacturers Life Insurance Company now owns 445,528 shares of the real estate investment trust’s stock worth $14,582,000 after buying an additional 52,029 shares during the last quarter. Institutional investors and hedge funds own 99.52% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on REXR. Evercore reaffirmed an “outperform” rating on shares of Rexford Industrial Realty in a research report on Monday, July 27th. Citigroup restated a “neutral” rating on shares of Rexford Industrial Realty in a research note on Wednesday, July 29th. Raymond James Financial reaffirmed an “underperform” rating on shares of Rexford Industrial Realty in a research report on Wednesday. Cantor Fitzgerald reiterated an “overweight” rating on shares of Rexford Industrial Realty in a research note on Monday, July 27th. Finally, Truist Financial cut their price objective on Rexford Industrial Realty from $40.00 to $38.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Five investment analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, Rexford Industrial Realty currently has a consensus rating of “Hold” and a consensus target price of $40.93.

Rexford Industrial Realty Stock Performance

Shares of NYSE REXR opened at $37.58 on Thursday. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.42. Rexford Industrial Realty, Inc. has a 12 month low of $32.14 and a 12 month high of $44.38. The stock has a 50 day moving average of $35.64 and a 200-day moving average of $35.76. The company has a market capitalization of $8.38 billion, a P/E ratio of -20.76, a P/E/G ratio of 1.54 and a beta of 1.19.

Rexford Industrial Realty (NYSE:REXR) last posted its earnings results on Thursday, July 23rd. The real estate investment trust reported ($2.26) earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($2.86). Rexford Industrial Realty had a negative return on equity of 4.61% and a negative net margin of 39.22%.The business had revenue of $243.00 million for the quarter, compared to analyst estimates of $240.24 million. During the same period in the previous year, the firm posted $0.59 earnings per share. The firm’s revenue was down 1.6% compared to the same quarter last year. Rexford Industrial Realty has set its FY 2026 guidance at 2.380-2.430 EPS. As a group, equities research analysts predict that Rexford Industrial Realty, Inc. will post 2.41 EPS for the current year.

Rexford Industrial Realty Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.435 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.74 annualized dividend and a dividend yield of 4.6%. Rexford Industrial Realty’s payout ratio is presently -96.13%.

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.