SG Americas Securities LLC Has $25.84 Million Holdings in Rexford Industrial Realty, Inc. $REXR

SG Americas Securities LLC grew its holdings in Rexford Industrial Realty, Inc. (NYSE:REXR) by 65.9% in the 4th quarter, Holdings Channel reports. The fund owned 667,436 shares of the real estate investment trust’s stock after purchasing an additional 265,197 shares during the quarter. SG Americas Securities LLC’s holdings in Rexford Industrial Realty were worth $25,843,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vision Financial Markets LLC bought a new position in Rexford Industrial Realty during the third quarter worth $33,000. Wiser Advisor Group LLC acquired a new position in Rexford Industrial Realty during the 3rd quarter valued at $34,000. Allworth Financial LP boosted its holdings in Rexford Industrial Realty by 140.3% in the 3rd quarter. Allworth Financial LP now owns 983 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 574 shares during the period. Quent Capital LLC bought a new stake in Rexford Industrial Realty in the 3rd quarter valued at $41,000. Finally, Advisory Services Network LLC acquired a new stake in Rexford Industrial Realty in the 3rd quarter worth $46,000. Institutional investors and hedge funds own 99.52% of the company’s stock.

Insider Buying and Selling

In related news, CEO Michael S. Frankel sold 23,132 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $35.29, for a total transaction of $816,328.28. Following the completion of the transaction, the chief executive officer owned 560,406 shares in the company, valued at $19,776,727.74. This trade represents a 3.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Laura E. Clark purchased 5,310 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The stock was bought at an average cost of $37.73 per share, for a total transaction of $200,346.30. Following the purchase, the chief operating officer owned 5,310 shares in the company, valued at $200,346.30. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders acquired 12,960 shares of company stock valued at $486,804. 1.20% of the stock is currently owned by corporate insiders.

Rexford Industrial Realty Price Performance

Shares of Rexford Industrial Realty stock opened at $33.25 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.51 and a current ratio of 2.51. The firm’s 50-day simple moving average is $37.40 and its 200-day simple moving average is $39.93. Rexford Industrial Realty, Inc. has a twelve month low of $29.68 and a twelve month high of $44.38. The firm has a market cap of $7.71 billion, a P/E ratio of 39.11, a price-to-earnings-growth ratio of 2.41 and a beta of 1.24.

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

Rexford Industrial Realty Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a $0.435 dividend. This represents a $1.74 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a boost from Rexford Industrial Realty’s previous quarterly dividend of $0.43. Rexford Industrial Realty’s payout ratio is currently 202.35%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on REXR shares. Mizuho boosted their price objective on shares of Rexford Industrial Realty from $40.00 to $41.00 and gave the stock a “neutral” rating in a report on Thursday, December 4th. Citigroup reduced their target price 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. JPMorgan Chase & Co. decreased their target price on Rexford Industrial Realty from $42.00 to $39.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Cantor Fitzgerald lowered their price target on Rexford Industrial Realty from $50.00 to $45.00 and set an “overweight” rating on the stock in a research note on Friday, February 6th. Finally, Scotiabank cut their price target on Rexford Industrial Realty from $44.00 to $39.00 and set a “sector perform” rating for the company in a report on Monday, March 2nd. Three research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $41.92.

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.