Rexford Industrial Realty, Inc. $REXR Stock Holdings Increased by Fifth Third Bancorp

Fifth Third Bancorp boosted its holdings in shares of Rexford Industrial Realty, Inc. (NYSE:REXR) by 3,211.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 67,547 shares of the real estate investment trust’s stock after purchasing an additional 65,507 shares during the period. Fifth Third Bancorp’s holdings in Rexford Industrial Realty were worth $2,211,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC acquired a new position in Rexford Industrial Realty in the fourth quarter worth approximately $31,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Rexford Industrial Realty during the 4th quarter valued at $34,000. Wiser Advisor Group LLC acquired a new stake in shares of Rexford Industrial Realty during the 3rd quarter valued at $34,000. Allworth Financial LP boosted its stake in shares of Rexford Industrial Realty by 140.3% during the 3rd quarter. Allworth Financial LP now owns 983 shares of the real estate investment trust’s stock worth $40,000 after acquiring an additional 574 shares in the last quarter. Finally, Meeder Asset Management Inc. boosted its stake in shares of Rexford Industrial Realty by 724.4% during the 4th quarter. Meeder Asset Management Inc. now owns 1,113 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 978 shares in the last quarter. 99.52% of the stock is currently owned by institutional investors.

Rexford Industrial Realty Trading Up 0.7%

NYSE REXR opened at $37.16 on Wednesday. Rexford Industrial Realty, Inc. has a twelve month low of $32.14 and a twelve month high of $44.38. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.50 and a current ratio of 1.50. The stock has a market cap of $8.39 billion, a price-to-earnings ratio of 39.96, a PEG ratio of 1.54 and a beta of 1.21. The firm’s 50 day moving average price is $34.81 and its two-hundred day moving average price is $36.15.

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

Insider Buying and Selling at Rexford Industrial Realty

In related news, General Counsel David E. Lanzer sold 33,299 shares of the company’s stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $35.47, for a total transaction of $1,181,115.53. Following the transaction, the general counsel directly owned 33,299 shares of the company’s stock, valued at approximately $1,181,115.53. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Truist Financial cut their target price on Rexford Industrial Realty from $40.00 to $38.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Scotiabank upgraded Rexford Industrial Realty from a “sector perform” rating to a “sector outperform” rating and decreased their price target for the company from $38.00 to $36.00 in a research report on Thursday, June 18th. Wall Street Zen cut Rexford Industrial Realty from a “hold” rating to a “sell” rating in a research note on Monday. Weiss Ratings raised Rexford Industrial Realty from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 15th. Finally, Evercore upgraded Rexford Industrial Realty from an “in-line” rating to an “outperform” rating and set a $40.00 price objective on the stock in a report on Monday, April 13th. Five investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $40.38.

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.