Quantinno Capital Management LP Has $3.85 Million Position in Rexford Industrial Realty, Inc. $REXR

Quantinno Capital Management LP raised its holdings in Rexford Industrial Realty, Inc. (NYSE:REXR) by 25.3% in the first quarter, Holdings Channel.com reports. The fund owned 117,527 shares of the real estate investment trust’s stock after acquiring an additional 23,737 shares during the quarter. Quantinno Capital Management LP’s holdings in Rexford Industrial Realty were worth $3,847,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Rexford Industrial Realty by 24.3% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 323,592 shares of the real estate investment trust’s stock valued at $12,529,000 after purchasing an additional 63,313 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in Rexford Industrial Realty by 17.7% in the fourth quarter. Hsbc Holdings PLC now owns 387,836 shares of the real estate investment trust’s stock worth $15,017,000 after purchasing an additional 58,270 shares in the last quarter. Principal Financial Group Inc. increased its position in Rexford Industrial Realty by 19.5% during the fourth quarter. Principal Financial Group Inc. now owns 11,518,739 shares of the real estate investment trust’s stock worth $446,006,000 after buying an additional 1,881,905 shares during the last quarter. William Blair Investment Management LLC raised its holdings in Rexford Industrial Realty by 7.8% during the fourth quarter. William Blair Investment Management LLC now owns 935,111 shares of the real estate investment trust’s stock valued at $36,207,000 after buying an additional 67,276 shares in the last quarter. Finally, Wolverine Asset Management LLC bought a new position in Rexford Industrial Realty during the fourth quarter valued at about $2,803,000. 99.52% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

REXR has been the subject of a number of analyst reports. Mizuho reduced their price target on Rexford Industrial Realty from $38.00 to $35.00 and set a “neutral” rating for the company in a research report on Wednesday, June 10th. Cantor Fitzgerald reissued an “overweight” rating on shares of Rexford Industrial Realty in a research note on Monday, July 27th. Weiss Ratings lowered Rexford Industrial Realty from a “hold (c)” rating to a “sell (d)” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. upped their target price on Rexford Industrial Realty from $36.00 to $39.00 and gave the stock an “underweight” rating in a research report on Monday, August 3rd. Finally, Evercore reiterated an “outperform” rating on shares of Rexford Industrial Realty in a report on Monday, July 27th. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $40.57.

Rexford Industrial Realty Stock Up 0.8%

REXR stock opened at $36.78 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.70 and a quick ratio of 1.70. Rexford Industrial Realty, Inc. has a 52-week low of $32.14 and a 52-week high of $44.38. The company has a 50-day moving average of $35.30 and a two-hundred day moving average of $35.96. The stock has a market capitalization of $8.20 billion, a price-to-earnings ratio of -20.32, a price-to-earnings-growth ratio of 1.52 and a beta of 1.19.

Rexford Industrial Realty (NYSE:REXR) last posted its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported ($2.26) EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($2.86). Rexford Industrial Realty had a negative return on equity of 4.61% and a negative net margin of 39.22%.The business had revenue of $243.00 million during the quarter, compared to the consensus estimate of $240.24 million. During the same quarter in the previous year, the firm posted $0.59 earnings per share. The company’s revenue for the quarter was down 1.6% on a year-over-year basis. Rexford Industrial Realty has set its FY 2026 guidance at 2.380-2.430 EPS. As a group, equities research analysts anticipate that Rexford Industrial Realty, Inc. will post 2.41 EPS for the current year.

Rexford Industrial Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $0.435 per share. The ex-dividend date 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 payout ratio is -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.