Rexford Industrial Realty (NYSE:REXR) COO Acquires $200,346.30 in Stock

Rexford Industrial Realty, Inc. (NYSE:REXR) COO Laura Clark bought 5,310 shares of the stock in a transaction on Friday, February 27th. The shares were bought at an average price of $37.73 per share, for a total transaction of $200,346.30. Following the completion of the transaction, the chief operating officer directly owned 5,310 shares of the company’s stock, valued at $200,346.30. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Rexford Industrial Realty Price Performance

Shares of REXR stock traded down $0.42 during midday trading on Friday, reaching $37.46. 4,677,121 shares of the company traded hands, compared to its average volume of 2,794,176. The firm’s 50 day simple moving average is $39.13 and its two-hundred day simple moving average is $40.56. Rexford Industrial Realty, Inc. has a 1-year low of $29.68 and a 1-year high of $44.38. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.51 and a quick ratio of 2.51. The firm has a market cap of $8.68 billion, a PE ratio of 44.07, a price-to-earnings-growth ratio of 2.74 and a beta of 1.23.

Rexford Industrial Realty (NYSE:REXR) last released its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.01. Rexford Industrial Realty had a return on equity of 2.37% and a net margin of 21.03%.The business had revenue of $248.10 million for the quarter, compared to analysts’ expectations of $249.05 million. During the same quarter in the prior year, the firm posted $0.58 EPS. The company’s revenue was up 2.1% compared to the same quarter last year. Rexford Industrial Realty has set its FY 2026 guidance at 2.350-2.400 EPS. On average, equities research analysts expect that Rexford Industrial Realty, Inc. will post 2.38 EPS for the current fiscal year.

Rexford Industrial Realty Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a $0.435 dividend. This is an increase from Rexford Industrial Realty’s previous quarterly dividend of $0.43. This represents a $1.74 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Tuesday, March 31st. Rexford Industrial Realty’s dividend payout ratio (DPR) is 202.35%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Knights of Columbus Asset Advisors LLC purchased a new position in shares of Rexford Industrial Realty during the 3rd quarter worth about $1,879,000. Cibc World Market Inc. acquired a new position in Rexford Industrial Realty during the third quarter worth approximately $41,111,000. Whittier Trust Co. boosted its holdings in shares of Rexford Industrial Realty by 30.6% in the 3rd quarter. Whittier Trust Co. now owns 383,961 shares of the real estate investment trust’s stock valued at $16,000,000 after purchasing an additional 89,903 shares during the last quarter. Westwood Holdings Group Inc. boosted its holdings in shares of Rexford Industrial Realty by 10.1% in the 2nd quarter. Westwood Holdings Group Inc. now owns 649,966 shares of the real estate investment trust’s stock valued at $23,119,000 after purchasing an additional 59,671 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Rexford Industrial Realty by 39.1% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 171,477 shares of the real estate investment trust’s stock valued at $7,145,000 after purchasing an additional 48,187 shares during the last quarter. Hedge funds and other institutional investors own 99.52% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on REXR. Evercore lowered their price objective on shares of Rexford Industrial Realty from $41.00 to $40.00 and set an “in-line” rating on the stock in a research note on Monday, December 22nd. iA Financial set a $45.00 price target on shares of Rexford Industrial Realty in a research report on Friday, February 6th. Scotiabank lifted their price objective on Rexford Industrial Realty from $43.00 to $44.00 and gave the stock a “sector perform” rating in a research report on Monday, November 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Rexford Industrial Realty in a report on Thursday, January 22nd. Finally, Barclays reissued an “underweight” rating on shares of Rexford Industrial Realty in a report on Tuesday, January 13th. Three analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Rexford Industrial Realty presently has an average rating of “Hold” and an average price target of $42.31.

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.