Y Intercept Hong Kong Ltd Grows Position in Rexford Industrial Realty, Inc. $REXR

Y Intercept Hong Kong Ltd increased its holdings in shares of Rexford Industrial Realty, Inc. (NYSE:REXR) by 160.2% in the first quarter, Holdings Channel reports. The firm owned 38,185 shares of the real estate investment trust’s stock after buying an additional 23,511 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Rexford Industrial Realty were worth $1,250,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of REXR. Fideuram Intesa Sanpaolo Private Banking S.P.A. lifted its position in Rexford Industrial Realty by 1,813.4% in the first quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. now owns 16,838 shares of the real estate investment trust’s stock valued at $551,000 after buying an additional 15,958 shares during the last quarter. IFM Investors Pty Ltd increased its position in shares of Rexford Industrial Realty by 1.0% during the first quarter. IFM Investors Pty Ltd now owns 38,360 shares of the real estate investment trust’s stock valued at $1,256,000 after acquiring an additional 370 shares during the last quarter. MQS Management LLC increased its position in shares of Rexford Industrial Realty by 56.0% during the first quarter. MQS Management LLC now owns 13,315 shares of the real estate investment trust’s stock valued at $436,000 after acquiring an additional 4,780 shares during the last quarter. Drucker Wealth 3.0 LLC raised its stake in shares of Rexford Industrial Realty by 24.8% in the 1st quarter. Drucker Wealth 3.0 LLC now owns 18,050 shares of the real estate investment trust’s stock valued at $591,000 after acquiring an additional 3,587 shares during the period. Finally, Inspire Investing LLC raised its stake in shares of Rexford Industrial Realty by 35.2% in the 1st quarter. Inspire Investing LLC now owns 11,221 shares of the real estate investment trust’s stock valued at $367,000 after acquiring an additional 2,921 shares during the period. 99.52% of the stock is currently owned by hedge funds and other institutional investors.

Rexford Industrial Realty Stock Up 0.2%

REXR traded up $0.06 during trading hours on Friday, hitting $34.09. 1,819,166 shares of the company’s stock were exchanged, compared to its average volume of 2,599,026. Rexford Industrial Realty, Inc. has a 12-month low of $32.14 and a 12-month high of $44.38. The firm has a 50 day moving average of $34.75 and a 200 day moving average of $36.33. The firm has a market cap of $7.69 billion, a P/E ratio of 36.65, a price-to-earnings-growth ratio of 1.42 and a beta of 1.21. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.38.

Rexford Industrial Realty (NYSE:REXR) last issued its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.38 EPS for the quarter, beating the consensus estimate of $0.27 by $0.11. The company had revenue of $242.14 million during the quarter, compared to analysts’ expectations of $243.78 million. Rexford Industrial Realty had a net margin of 23.25% and a return on equity of 2.64%. The firm’s revenue was down 2.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.62 EPS. Rexford Industrial Realty has set its FY 2026 guidance at 2.370-2.42 EPS. Analysts predict that Rexford Industrial Realty, Inc. will post 2.4 EPS for the current fiscal year.

Rexford Industrial Realty Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.435 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $1.74 dividend on an annualized basis and a yield of 5.1%. Rexford Industrial Realty’s dividend payout ratio (DPR) is 187.10%.

Wall Street Analysts Forecast Growth

REXR has been the subject of several research reports. Wall Street Zen downgraded shares of Rexford Industrial Realty from a “hold” rating to a “sell” rating in a report on Saturday, July 4th. Raymond James Financial began coverage on Rexford Industrial Realty in a research report on Wednesday, June 17th. They set an “underperform” rating for the company. Evercore raised Rexford Industrial Realty from an “in-line” rating to an “outperform” rating and set a $40.00 price objective for the company in a research note on Monday, April 13th. Zacks Research upgraded Rexford Industrial Realty from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Finally, Scotiabank raised Rexford Industrial Realty from a “sector perform” rating to a “sector outperform” rating and decreased their target price for the stock from $38.00 to $36.00 in a research note on Thursday, June 18th. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $40.62.

Insider Buying and Selling

In related news, General Counsel David E. Lanzer sold 33,299 shares of the business’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 completion of the transaction, the general counsel directly owned 33,299 shares of the company’s stock, valued at $1,181,115.53. The trade was a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.80% of the stock is owned by insiders.

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.