Handelsbanken Fonder AB raised its stake in Rexford Industrial Realty, Inc. (NYSE:REXR – Free Report) by 40.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 87,602 shares of the real estate investment trust’s stock after purchasing an additional 25,300 shares during the period. Handelsbanken Fonder AB’s holdings in Rexford Industrial Realty were worth $3,392,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. V Square Quantitative Management LLC bought a new stake in Rexford Industrial Realty in the fourth quarter valued at $31,000. Vision Financial Markets LLC acquired a new position in shares of Rexford Industrial Realty during the third quarter valued at about $33,000. Wiser Advisor Group LLC acquired a new position in shares of Rexford Industrial Realty during the third quarter valued at about $34,000. Allworth Financial LP grew its holdings in shares of Rexford Industrial Realty by 140.3% during the third quarter. Allworth Financial LP now owns 983 shares of the real estate investment trust’s stock valued at $40,000 after buying an additional 574 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new position in shares of Rexford Industrial Realty during the third quarter valued at about $46,000. 99.52% of the stock is owned by institutional investors.
Insider Buying and Selling at Rexford Industrial Realty
In other news, CFO Michael Fitzmaurice purchased 2,650 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The shares were acquired at an average cost of $37.55 per share, for a total transaction of $99,507.50. Following the completion of the acquisition, the chief financial officer owned 14,133 shares in the company, valued at $530,694.15. This trade represents a 23.08% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel David E. Lanzer sold 33,299 shares of the business’s stock in a transaction dated 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 owned 33,299 shares in the company, valued at approximately $1,181,115.53. This trade represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders bought 12,960 shares of company stock valued at $486,804 in the last quarter. 1.80% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on REXR
Rexford Industrial Realty Stock Up 0.3%
Shares of NYSE REXR opened at $36.17 on Friday. Rexford Industrial Realty, Inc. has a 1 year low of $32.14 and a 1 year high of $44.38. The stock has a market capitalization of $8.16 billion, a P/E ratio of 38.89, a P/E/G ratio of 1.51 and a beta of 1.23. The company has a 50-day moving average price of $34.91 and a 200-day moving average price of $37.99. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.50 and a quick ratio of 1.50.
Rexford Industrial Realty (NYSE:REXR – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.11. Rexford Industrial Realty had a net margin of 23.25% and a return on equity of 2.64%. The business had revenue of $242.14 million for the quarter, compared to analysts’ expectations of $243.79 million. During the same period in the previous year, the company earned $0.62 earnings per share. The firm’s revenue for the quarter was down 2.9% compared to the same quarter last year. Rexford Industrial Realty has set its FY 2026 guidance at 2.370-2.42 EPS. On average, equities research analysts forecast that Rexford Industrial Realty, Inc. will post 2.39 EPS for the current fiscal year.
Rexford Industrial Realty Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.435 per share. The ex-dividend date is Tuesday, June 30th. This represents a $1.74 annualized dividend and a yield of 4.8%. Rexford Industrial Realty’s payout ratio is 187.10%.
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.
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