1,000,030 Shares in Rexford Industrial Realty, Inc. $REXR Bought by Cibc World Market Inc.

Cibc World Market Inc. acquired a new stake in shares of Rexford Industrial Realty, Inc. (NYSE:REXR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,000,030 shares of the real estate investment trust’s stock, valued at approximately $41,111,000. Cibc World Market Inc. owned 0.43% of Rexford Industrial Realty as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of REXR. Vision Financial Markets LLC purchased a new position in shares of Rexford Industrial Realty during the third quarter worth about $33,000. Quent Capital LLC purchased a new position in Rexford Industrial Realty in the 3rd quarter worth approximately $41,000. Farther Finance Advisors LLC grew its stake in Rexford Industrial Realty by 174.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,228 shares of the real estate investment trust’s stock worth $50,000 after buying an additional 780 shares in the last quarter. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Rexford Industrial Realty in the 3rd quarter worth $56,000. Finally, Hantz Financial Services Inc. raised its position in shares of Rexford Industrial Realty by 2,331.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,459 shares of the real estate investment trust’s stock valued at $52,000 after buying an additional 1,399 shares in the last quarter. Hedge funds and other institutional investors own 99.52% of the company’s stock.

Rexford Industrial Realty Trading Down 1.9%

NYSE:REXR opened at $37.52 on Thursday. The firm has a market capitalization of $8.73 billion, a P/E ratio of 44.14, a P/E/G ratio of 2.45 and a beta of 1.23. The company has a quick ratio of 2.95, a current ratio of 2.51 and a debt-to-equity ratio of 0.37. The company has a fifty day moving average of $39.97 and a 200 day moving average of $40.53. Rexford Industrial Realty, Inc. has a 52 week low of $29.68 and a 52 week high of $44.38.

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

Rexford Industrial Realty Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a $0.435 dividend. This is an increase from Rexford Industrial Realty’s previous quarterly dividend of $0.43. The ex-dividend date is Tuesday, March 31st. This represents a $1.74 annualized dividend and a yield of 4.6%. Rexford Industrial Realty’s dividend payout ratio (DPR) is 202.35%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. UBS Group set a $44.00 target price on shares of Rexford Industrial Realty in a research report on Monday, November 10th. Evercore cut their price objective on Rexford Industrial Realty from $41.00 to $40.00 and set an “in-line” rating for the company in a report on Monday, December 22nd. BNP Paribas Exane lowered Rexford Industrial Realty to a “hold” rating in a research report on Tuesday, October 21st. Barclays restated an “underweight” rating on shares of Rexford Industrial Realty in a research report on Tuesday, January 13th. Finally, Mizuho increased their price target on shares of Rexford Industrial Realty from $40.00 to $41.00 and gave the company a “neutral” rating in a research report on Thursday, December 4th. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Rexford Industrial Realty presently has a consensus rating of “Hold” and an average price target of $42.83.

Insider Buying and Selling at Rexford Industrial Realty

In other news, CEO Michael S. Frankel sold 18,750 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $40.06, for a total transaction of $751,125.00. Following the transaction, the chief executive officer directly owned 583,538 shares of the company’s stock, valued at approximately $23,376,532.28. The trade was a 3.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last 90 days, insiders sold 57,118 shares of company stock valued at $2,345,706. 1.20% of the stock is currently owned by company insiders.

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.