Rexford Industrial Realty, Inc. $REXR Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP raised its stake in Rexford Industrial Realty, Inc. (NYSE:REXR) by 25.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 117,527 shares of the real estate investment trust’s stock after buying an additional 23,737 shares during the period. Quantinno Capital Management LP owned approximately 0.05% of Rexford Industrial Realty worth $3,847,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. SummitTX Capital L.P. bought a new stake in shares of Rexford Industrial Realty during the 1st quarter worth $1,268,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Rexford Industrial Realty during the first quarter worth $11,500,000. Inceptionr LLC acquired a new position in shares of Rexford Industrial Realty in the 1st quarter valued at $932,000. Walleye Capital LLC purchased a new position in Rexford Industrial Realty in the 1st quarter worth about $466,000. Finally, Lasalle Investment Management Securities LLC purchased a new position in Rexford Industrial Realty in the 1st quarter worth about $32,097,000. Institutional investors and hedge funds own 99.52% of the company’s stock.

Rexford Industrial Realty Price Performance

Shares of REXR opened at $36.78 on Friday. The company has a market capitalization of $8.20 billion, a price-to-earnings ratio of -20.32, a P/E/G ratio of 1.52 and a beta of 1.19. Rexford Industrial Realty, Inc. has a fifty-two week low of $32.14 and a fifty-two week 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 business’s 50-day moving average is $35.30 and its 200-day moving average is $35.96.

Rexford Industrial Realty (NYSE:REXR) last posted 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 company had revenue of $243.00 million for the quarter, compared to analyst estimates of $240.24 million. Rexford Industrial Realty had a negative return on equity of 4.61% and a negative net margin of 39.22%.The business’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.59 earnings per share. Rexford Industrial Realty has set its FY 2026 guidance at 2.380-2.430 EPS. Equities research analysts expect that Rexford Industrial Realty, Inc. will post 2.41 EPS for the current fiscal year.

Rexford Industrial Realty Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid 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 dividend yield of 4.7%. Rexford Industrial Realty’s dividend payout ratio is -96.13%.

Wall Street Analysts Forecast Growth

REXR has been the subject of a number of analyst reports. Wall Street Zen lowered shares of Rexford Industrial Realty from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 1st. JPMorgan Chase & Co. boosted their price target on shares of Rexford Industrial Realty from $36.00 to $39.00 and gave the company an “underweight” rating in a report on Monday, August 3rd. Truist Financial decreased their price objective on shares of Rexford Industrial Realty from $40.00 to $38.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Barclays lowered their price objective on shares of 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. Finally, Weiss Ratings lowered Rexford Industrial Realty from a “hold (c)” rating to a “sell (d)” rating in a report on Wednesday, July 29th. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $40.57.

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.