Barclays PLC Acquires 1,269,603 Shares of Rexford Industrial Realty, Inc. $REXR

Barclays PLC increased its holdings in shares of Rexford Industrial Realty, Inc. (NYSE:REXR) by 175.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,994,915 shares of the real estate investment trust’s stock after acquiring an additional 1,269,603 shares during the quarter. Barclays PLC owned about 0.86% of Rexford Industrial Realty worth $82,011,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of REXR. Knights of Columbus Asset Advisors LLC bought a new position in shares of Rexford Industrial Realty in the third quarter worth $1,879,000. Cibc World Market Inc. bought a new stake in Rexford Industrial Realty during the third quarter worth about $41,111,000. Whittier Trust Co. grew its stake in Rexford Industrial Realty by 30.6% during the third quarter. Whittier Trust Co. now owns 383,961 shares of the real estate investment trust’s stock worth $16,000,000 after buying an additional 89,903 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake in Rexford Industrial Realty by 39.1% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 171,477 shares of the real estate investment trust’s stock worth $7,145,000 after buying an additional 48,187 shares in the last quarter. Finally, Westwood Holdings Group Inc. increased its holdings in Rexford Industrial Realty by 10.1% in the 2nd quarter. Westwood Holdings Group Inc. now owns 649,966 shares of the real estate investment trust’s stock valued at $23,119,000 after buying an additional 59,671 shares during the period. Institutional investors and hedge funds own 99.52% of the company’s stock.

Rexford Industrial Realty Price Performance

REXR stock opened at $36.04 on Monday. The company has a fifty day moving average price of $38.85 and a 200-day moving average price of $40.55. The company has a market capitalization of $8.36 billion, a P/E ratio of 42.40, a PEG ratio of 2.61 and a beta of 1.25. Rexford Industrial Realty, Inc. has a 52-week low of $29.68 and a 52-week high of $44.38. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.51 and a current ratio of 2.51.

Rexford Industrial Realty (NYSE:REXR) last issued its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.01. The company 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%. Rexford Industrial Realty’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.58 earnings per share. Rexford Industrial Realty has set its FY 2026 guidance at 2.350-2.400 EPS. As a group, equities analysts expect that Rexford Industrial Realty, Inc. will post 2.38 EPS 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 boost from Rexford Industrial Realty’s previous quarterly dividend of $0.43. This represents a $1.74 annualized dividend and a yield of 4.8%. Rexford Industrial Realty’s dividend payout ratio (DPR) is currently 202.35%.

Analysts Set New Price Targets

Several research firms recently issued reports on REXR. Barclays reiterated an “underweight” rating on shares of Rexford Industrial Realty in a research report on Tuesday, January 13th. Cantor Fitzgerald cut their target price on Rexford Industrial Realty from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, February 6th. Robert W. Baird set a $40.00 target price on Rexford Industrial Realty in a report on Tuesday, February 17th. Mizuho lifted their price target on Rexford Industrial Realty from $40.00 to $41.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Finally, Scotiabank lowered their price target on Rexford Industrial Realty from $44.00 to $39.00 and set a “sector perform” rating for the company in a report on Monday, March 2nd. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Rexford Industrial Realty currently has an average rating of “Hold” and a consensus price target of $41.92.

Insider Buying and Selling at Rexford Industrial Realty

In other news, COO Laura E. Clark purchased 5,310 shares of the stock in a transaction on Friday, February 27th. The stock was purchased at an average price of $37.73 per share, for a total transaction of $200,346.30. Following the acquisition, the chief operating officer owned 5,310 shares in the company, valued at $200,346.30. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David P. Stockert purchased 5,000 shares of the company’s stock in a transaction dated Friday, February 27th. The stock was purchased at an average price of $37.39 per share, for a total transaction of $186,950.00. Following the transaction, the director directly owned 6,829 shares in the company, valued at approximately $255,336.31. This trade represents a 273.37% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders bought 12,960 shares of company stock valued at $486,804. 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.