UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Stake in Rexford Industrial Realty, Inc. $REXR

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Rexford Industrial Realty, Inc. (NYSE:REXR) by 41,558.2% in the second quarter, HoldingsChannel reports. The fund owned 1,654,665 shares of the real estate investment trust’s stock after purchasing an additional 1,650,693 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Rexford Industrial Realty were worth $55,431,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Hsbc Holdings PLC grew its stake in shares of Rexford Industrial Realty by 17.0% during the 2nd quarter. Hsbc Holdings PLC now owns 506,469 shares of the real estate investment trust’s stock worth $16,981,000 after purchasing an additional 73,656 shares during the period. Caitlin John LLC acquired a new position in shares of Rexford Industrial Realty in the 2nd quarter valued at $36,000. Public Employees Retirement System of Ohio purchased a new stake in Rexford Industrial Realty during the second quarter worth $11,030,000. Redwood Investment Management LLC purchased a new stake in Rexford Industrial Realty during the second quarter worth $1,159,000. Finally, Corient Private Wealth LP acquired a new stake in Rexford Industrial Realty during the second quarter valued at $562,000. Hedge funds and other institutional investors own 99.52% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on REXR. Scotiabank upped their price objective on shares of Rexford Industrial Realty from $38.00 to $40.00 and gave the stock a “sector outperform” rating in a research report on Monday. Barclays dropped their target price on Rexford Industrial Realty from $40.00 to $36.00 and set an “underweight” rating on the stock in a research report on Thursday, July 16th. Evercore restated an “outperform” rating on shares of Rexford Industrial Realty in a research note on Monday, July 27th. Jefferies Financial Group cut shares of Rexford Industrial Realty from a “buy” rating to a “hold” rating and set a $40.00 price objective for the company. in a research report on Thursday, August 6th. Finally, Wells Fargo & Company reduced their target price on Rexford Industrial Realty from $44.00 to $43.00 and set an “overweight” rating for the company in a report on Tuesday. Five investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Rexford Industrial Realty has an average rating of “Hold” and an average target price of $41.00.

Rexford Industrial Realty Stock Down 1.2%

Shares of NYSE REXR opened at $36.62 on Thursday. Rexford Industrial Realty, Inc. has a 1 year low of $32.14 and a 1 year high of $44.38. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.70 and a quick ratio of 1.70. The company has a market capitalization of $8.17 billion, a P/E ratio of -20.23 and a beta of 1.18. The company has a 50 day simple moving average of $36.32 and a 200-day simple moving average of $35.62.

Rexford Industrial Realty (NYSE:REXR) last announced its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported ($2.26) EPS for the quarter, missing the consensus estimate of $0.60 by ($2.86). The business had revenue of $243.00 million during the quarter, compared to analyst estimates of $240.24 million. Rexford Industrial Realty had a negative net margin of 39.22% and a negative return on equity of 4.61%. The business’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same period last year, the company earned $0.59 EPS. Rexford Industrial Realty has set its FY 2026 guidance at 2.380-2.430 EPS. On average, equities research analysts predict that Rexford Industrial Realty, Inc. will post 2.39 earnings per share for the current year.

Rexford Industrial Realty Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given a $0.435 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.74 dividend on an annualized basis and a yield of 4.8%. Rexford Industrial Realty’s payout ratio is presently -96.13%.

Rexford Industrial Realty Company Profile

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.