Chilton Capital Management LLC Has $14.19 Million Stock Holdings in Rexford Industrial Realty, Inc. $REXR

Chilton Capital Management LLC trimmed its stake in shares of Rexford Industrial Realty, Inc. (NYSE:REXR) by 6.5% in the third quarter, Holdings Channel.com reports. The fund owned 342,220 shares of the real estate investment trust’s stock after selling 23,805 shares during the quarter. Chilton Capital Management LLC’s holdings in Rexford Industrial Realty were worth $14,188,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its stake in shares of Rexford Industrial Realty by 3.3% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 13,059 shares of the real estate investment trust’s stock valued at $472,000 after purchasing an additional 423 shares during the last quarter. Whittier Trust Co. raised its stake in Rexford Industrial Realty by 30.6% during the third quarter. Whittier Trust Co. now owns 383,961 shares of the real estate investment trust’s stock worth $16,000,000 after buying an additional 89,903 shares during the last quarter. Westwood Holdings Group Inc. lifted its holdings in Rexford Industrial Realty by 10.1% in the second quarter. Westwood Holdings Group Inc. now owns 649,966 shares of the real estate investment trust’s stock valued at $23,119,000 after buying an additional 59,671 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its position in Rexford Industrial Realty by 3.8% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 258,815 shares of the real estate investment trust’s stock valued at $9,206,000 after acquiring an additional 9,443 shares during the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new stake in Rexford Industrial Realty during the 2nd quarter worth about $586,000. 99.52% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Rexford Industrial Realty news, CEO Michael S. Frankel sold 20,318 shares of the firm’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $41.61, for a total value of $845,431.98. Following the transaction, the chief executive officer directly owned 602,288 shares of the company’s stock, valued at approximately $25,061,203.68. This trade represents a 3.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 57,118 shares of company stock worth $2,345,706 in the last 90 days. Corporate insiders own 1.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on REXR shares. Weiss Ratings reissued a “hold (c)” rating on shares of Rexford Industrial Realty in a research note on Thursday. Barclays reiterated an “underweight” rating on shares of Rexford Industrial Realty in a report on Tuesday, January 13th. UBS Group set a $44.00 price objective on shares of Rexford Industrial Realty in a research report on Monday, November 10th. Mizuho lifted their price objective on shares of Rexford Industrial Realty from $40.00 to $41.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Finally, Cantor Fitzgerald began coverage on shares of Rexford Industrial Realty in a research report on Wednesday, October 1st. They set an “overweight” rating and a $50.00 target price on the stock. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $43.00.

Rexford Industrial Realty Price Performance

Shares of NYSE:REXR opened at $39.41 on Tuesday. Rexford Industrial Realty, Inc. has a twelve month low of $29.68 and a twelve month high of $44.38. The stock’s 50 day moving average is $40.39 and its 200-day moving average is $40.35. The company has a quick ratio of 2.95, a current ratio of 2.95 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $9.17 billion, a price-to-earnings ratio of 27.75, a PEG ratio of 2.52 and a beta of 1.22.

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.