Capital International Investors Has $807.14 Million Stock Holdings in Rexford Industrial Realty, Inc. $REXR

Capital International Investors trimmed its holdings in Rexford Industrial Realty, Inc. (NYSE:REXRFree Report) by 0.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,840,867 shares of the real estate investment trust’s stock after selling 103,629 shares during the quarter. Capital International Investors owned about 0.09% of Rexford Industrial Realty worth $807,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in REXR. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of Rexford Industrial Realty by 24.3% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 323,592 shares of the real estate investment trust’s stock valued at $12,529,000 after acquiring an additional 63,313 shares during the last quarter. Cibc World Market Inc. bought a new position in shares of Rexford Industrial Realty in the 3rd quarter valued at about $41,111,000. Vestcor Inc bought a new position in shares of Rexford Industrial Realty in the 3rd quarter valued at about $1,794,000. Barclays PLC lifted its holdings in shares of Rexford Industrial Realty by 175.0% in the 3rd quarter. Barclays PLC now owns 1,994,915 shares of the real estate investment trust’s stock valued at $82,011,000 after acquiring an additional 1,269,603 shares during the last quarter. Finally, AR Asset Management Inc. lifted its holdings in shares of Rexford Industrial Realty by 28.2% in the 3rd quarter. AR Asset Management Inc. now owns 77,050 shares of the real estate investment trust’s stock valued at $3,168,000 after acquiring an additional 16,950 shares during the last quarter. 99.52% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

REXR has been the subject of a number of analyst reports. Zacks Research raised shares of Rexford Industrial Realty from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Robert W. Baird set a $40.00 price objective on shares of Rexford Industrial Realty in a research note on Tuesday, February 17th. Wells Fargo & Company decreased their price objective on shares of Rexford Industrial Realty from $45.00 to $44.00 and set an “overweight” rating for the company in a research note on Monday, June 1st. Wall Street Zen raised shares of Rexford Industrial Realty from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Citigroup decreased their price objective on shares of Rexford Industrial Realty from $46.00 to $39.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Four research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $41.46.

Check Out Our Latest Stock Report on Rexford Industrial Realty

Insider Buying and Selling at Rexford Industrial Realty

In other Rexford Industrial Realty news, CEO Michael S. Frankel sold 23,132 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $35.29, for a total value of $816,328.28. Following the sale, the chief executive officer directly owned 560,406 shares of the company’s stock, valued at approximately $19,776,727.74. This represents a 3.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel David E. Lanzer sold 33,299 shares of the company’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $35.47, for a total transaction of $1,181,115.53. Following the completion of the sale, the general counsel directly owned 33,299 shares in the company, valued at approximately $1,181,115.53. The trade was a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.80% of the company’s stock.

Rexford Industrial Realty Stock Performance

Shares of REXR stock opened at $34.07 on Monday. The firm has a market cap of $7.69 billion, a price-to-earnings ratio of 36.63, a PEG ratio of 1.42 and a beta of 1.21. The company’s 50 day moving average is $35.07 and its 200 day moving average is $37.53. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.38. Rexford Industrial Realty, Inc. has a 52-week low of $32.14 and a 52-week high of $44.38.

Rexford Industrial Realty (NYSE:REXRGet Free Report) last issued its quarterly earnings data 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 analyst estimates of $243.79 million. Rexford Industrial Realty had a net margin of 23.25% and a return on equity of 2.64%. Rexford Industrial Realty’s revenue was down 2.9% compared to the same quarter last year. During the same period last year, the company posted $0.62 earnings per share. Rexford Industrial Realty has set its FY 2026 guidance at 2.370-2.42 EPS. On average, sell-side analysts anticipate that Rexford Industrial Realty, Inc. will post 2.4 EPS for the current fiscal year.

Rexford Industrial Realty Dividend Announcement

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

Rexford Industrial Realty Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Rexford Industrial Realty (NYSE:REXR)

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