First Trust Advisors LP Boosts Holdings in Rexford Industrial Realty, Inc. $REXR

First Trust Advisors LP lifted its holdings in Rexford Industrial Realty, Inc. (NYSE:REXR) by 32.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,973 shares of the real estate investment trust’s stock after purchasing an additional 18,858 shares during the quarter. First Trust Advisors LP’s holdings in Rexford Industrial Realty were worth $2,519,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of REXR. V Square Quantitative Management LLC acquired a new position in shares of Rexford Industrial Realty in the 4th quarter valued at $31,000. Cassaday & Co Wealth Management LLC purchased a new stake in Rexford Industrial Realty in the 1st quarter worth approximately $33,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Rexford Industrial Realty during the fourth quarter valued at $34,000. Wiser Advisor Group LLC acquired a new stake in shares of Rexford Industrial Realty during the 3rd quarter valued at about $34,000. Finally, Meeder Asset Management Inc. increased its position in shares of Rexford Industrial Realty by 724.4% in the fourth quarter. Meeder Asset Management Inc. now owns 1,113 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 978 shares in the last quarter. Hedge funds and other institutional investors own 99.52% of the company’s stock.

Rexford Industrial Realty Stock Up 0.8%

REXR stock opened at $36.78 on Friday. Rexford Industrial Realty, Inc. has a twelve month low of $32.14 and a twelve month high of $44.38. The stock has a market cap of $8.20 billion, a P/E ratio of -20.32, a PEG ratio of 1.52 and a beta of 1.19. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.42. The company’s 50 day moving average is $35.30 and its two-hundred day moving average is $35.96.

Rexford Industrial Realty (NYSE:REXR) last issued its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported ($2.26) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($2.86). The firm had revenue of $243.00 million for the quarter, compared to analysts’ expectations 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 period in the previous year, the business posted $0.59 EPS. Rexford Industrial Realty has set its FY 2026 guidance at 2.380-2.430 EPS. Research analysts expect that Rexford Industrial Realty, Inc. will post 2.41 earnings per share 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. Investors of record on Wednesday, September 30th will be issued a dividend of $0.435 per share. 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 (DPR) is currently -96.13%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on REXR shares. Raymond James Financial initiated coverage on shares of Rexford Industrial Realty in a research report on Wednesday, June 17th. They set an “underperform” rating for the company. Zacks Research upgraded Rexford Industrial Realty from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Mizuho decreased their price objective on shares of Rexford Industrial Realty from $38.00 to $35.00 and set a “neutral” rating on the stock in a report on Wednesday, June 10th. Wall Street Zen cut Rexford Industrial Realty from a “sell” rating to a “strong sell” rating in a report on Saturday, August 1st. Finally, Weiss Ratings downgraded shares of Rexford Industrial Realty from a “hold (c)” rating to a “sell (d)” rating in a research note on Wednesday, July 29th. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, Rexford Industrial Realty currently has an average rating of “Hold” and an average target price of $40.57.

Rexford Industrial Realty 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.