Rexford Industrial Realty, Inc. $REXR Shares Bought by APG Asset Management US Inc.

APG Asset Management US Inc. grew its stake in shares of Rexford Industrial Realty, Inc. (NYSE:REXR) by 156.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 350,557 shares of the real estate investment trust’s stock after purchasing an additional 213,927 shares during the period. APG Asset Management US Inc. owned approximately 0.15% of Rexford Industrial Realty worth $14,667,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. American Century Companies Inc. lifted its stake in shares of Rexford Industrial Realty by 493.9% in the third quarter. American Century Companies Inc. now owns 539,897 shares of the real estate investment trust’s stock valued at $22,195,000 after purchasing an additional 448,994 shares during the period. Caitlin John LLC increased its holdings in Rexford Industrial Realty by 17.7% in the third quarter. Caitlin John LLC now owns 7,095 shares of the real estate investment trust’s stock valued at $292,000 after buying an additional 1,068 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in shares of Rexford Industrial Realty during the 3rd quarter valued at approximately $205,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Rexford Industrial Realty by 4.7% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 178,685 shares of the real estate investment trust’s stock worth $7,346,000 after acquiring an additional 8,075 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Rexford Industrial Realty by 7.4% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 3,493 shares of the real estate investment trust’s stock worth $144,000 after acquiring an additional 241 shares in the last quarter. Hedge funds and other institutional investors own 99.52% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Mizuho lifted their price target on Rexford Industrial Realty from $40.00 to $41.00 and gave the stock a “neutral” rating in a research note on Thursday, December 4th. JPMorgan Chase & Co. cut their target price on shares of Rexford Industrial Realty from $42.00 to $39.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. iA Financial set a $45.00 price target on shares of Rexford Industrial Realty in a report on Friday, February 6th. UBS Group set a $44.00 price objective on Rexford Industrial Realty in a research report on Monday, November 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Rexford Industrial Realty in a research report on Thursday, January 22nd. Three analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $42.31.

Rexford Industrial Realty Trading Down 1.1%

Shares of Rexford Industrial Realty stock opened at $37.46 on Friday. Rexford Industrial Realty, Inc. has a fifty-two week low of $29.68 and a fifty-two week high of $44.38. The business’s fifty day moving average is $39.13 and its two-hundred day moving average is $40.58. The company has a quick ratio of 2.51, a current ratio of 2.51 and a debt-to-equity ratio of 0.37. The firm has a market cap of $8.68 billion, a PE ratio of 44.07, a P/E/G ratio of 2.71 and a beta of 1.23.

Rexford Industrial Realty (NYSE:REXR) last announced its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.01. Rexford Industrial Realty had a return on equity of 2.37% and a net margin of 21.03%.The business had revenue of $248.10 million during the quarter, compared to the consensus estimate of $249.05 million. During the same quarter in the previous year, the business earned $0.58 earnings per share. The business’s revenue for the quarter was up 2.1% on a year-over-year basis. Rexford Industrial Realty has set its FY 2026 guidance at 2.350-2.400 EPS. Analysts anticipate that Rexford Industrial Realty, Inc. will post 2.38 earnings per share for the current year.

Rexford Industrial Realty Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a $0.435 dividend. The ex-dividend date is Tuesday, March 31st. This is a positive change from Rexford Industrial Realty’s previous quarterly dividend of $0.43. This represents a $1.74 dividend on an annualized basis and a yield of 4.6%. Rexford Industrial Realty’s payout ratio is presently 202.35%.

Insider Activity at Rexford Industrial Realty

In related news, CFO Michael Fitzmaurice purchased 2,650 shares of the firm’s stock in a transaction on Friday, February 27th. The shares were bought at an average price of $37.55 per share, for a total transaction of $99,507.50. Following the acquisition, the chief financial officer directly owned 14,133 shares in the company, valued at $530,694.15. This trade represents a 23.08% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, COO Laura E. Clark acquired 5,310 shares of the stock in a transaction dated Friday, February 27th. The shares were bought at an average cost of $37.73 per share, with a total value of $200,346.30. Following the completion of the purchase, the chief operating officer directly owned 5,310 shares in the company, valued at approximately $200,346.30. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have bought 12,960 shares of company stock valued at $486,804 and have sold 57,118 shares valued at $2,345,706. 1.20% of the stock is owned by company insiders.

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.