85,493 Shares in Rexford Industrial Realty, Inc. $REXR Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP bought a new stake in Rexford Industrial Realty, Inc. (NYSE:REXR) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 85,493 shares of the real estate investment trust’s stock, valued at approximately $2,864,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of REXR. Lazard Asset Management LLC boosted its position in Rexford Industrial Realty by 1.0% during the 2nd quarter. Lazard Asset Management LLC now owns 35,475 shares of the real estate investment trust’s stock worth $1,261,000 after acquiring an additional 362 shares during the last quarter. IFM Investors Pty Ltd raised its holdings in shares of Rexford Industrial Realty by 1.0% in 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 purchasing an additional 370 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of Rexford Industrial Realty by 8.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 4,878 shares of the real estate investment trust’s stock valued at $189,000 after purchasing an additional 387 shares during the last quarter. Koa Wealth Management LLC lifted its position in shares of Rexford Industrial Realty by 0.9% in the first quarter. Koa Wealth Management LLC now owns 46,268 shares of the real estate investment trust’s stock worth $1,514,000 after purchasing an additional 408 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Rexford Industrial Realty by 13.1% in the first quarter. EverSource Wealth Advisors LLC now owns 3,804 shares of the real estate investment trust’s stock worth $125,000 after purchasing an additional 441 shares in the last quarter. Institutional investors and hedge funds own 99.52% of the company’s stock.

Rexford Industrial Realty Stock Performance

NYSE REXR opened at $36.21 on Friday. 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 firm’s fifty day moving average price is $35.51 and its two-hundred day moving average price is $35.84. Rexford Industrial Realty, Inc. has a 1 year low of $32.14 and a 1 year high of $44.38. The firm has a market capitalization of $8.07 billion, a P/E ratio of -20.00, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19.

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 analysts’ consensus estimates of $0.60 by ($2.86). Rexford Industrial Realty had a negative net margin of 39.22% and a negative return on equity of 4.61%. The firm had revenue of $243.00 million during the quarter, compared to analyst estimates of $240.24 million. During the same quarter in the prior year, the business earned $0.59 EPS. The business’s revenue was down 1.6% compared to the same quarter last year. Rexford Industrial Realty has set its FY 2026 guidance at 2.380-2.430 EPS. As a group, research analysts anticipate that Rexford Industrial Realty, Inc. will post 2.41 EPS for the current year.

Rexford Industrial Realty Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Wells Fargo & Company decreased their target price on shares of Rexford Industrial Realty from $45.00 to $44.00 and set an “overweight” rating for the company in a research report on Monday, June 1st. Evercore reissued an “outperform” rating on shares of Rexford Industrial Realty in a research report on Monday, July 27th. Barclays reduced their price objective on shares of Rexford Industrial Realty from $40.00 to $36.00 and set an “underweight” rating for the company in a research note on Thursday, July 16th. Jefferies Financial Group downgraded Rexford Industrial Realty from a “buy” rating to a “hold” rating and set a $40.00 target price on the stock. in a research report on Thursday, August 6th. 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 analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $40.71.

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.