Rexford Industrial Realty, Inc. $REXR Holdings Raised by American Century Companies Inc.

American Century Companies Inc. grew its holdings in shares of Rexford Industrial Realty, Inc. (NYSE:REXR) by 493.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 539,897 shares of the real estate investment trust’s stock after purchasing an additional 448,994 shares during the period. American Century Companies Inc. owned 0.23% of Rexford Industrial Realty worth $22,195,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Vision Financial Markets LLC bought a new position in shares of Rexford Industrial Realty during the third quarter valued at approximately $33,000. Quent Capital LLC bought a new stake in Rexford Industrial Realty in the third quarter valued at $41,000. Farther Finance Advisors LLC boosted its holdings in shares of Rexford Industrial Realty by 174.1% during the third quarter. Farther Finance Advisors LLC now owns 1,228 shares of the real estate investment trust’s stock valued at $50,000 after acquiring an additional 780 shares during the period. Pilgrim Partners Asia Pte Ltd bought a new stake in Rexford Industrial Realty in the 3rd quarter valued at about $56,000. Finally, Avalon Trust Co bought a new stake in shares of Rexford Industrial Realty during the third quarter valued at approximately $67,000. Institutional investors and hedge funds own 99.52% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on REXR shares. Cantor Fitzgerald reduced their price target on Rexford Industrial Realty from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Friday, February 6th. Robert W. Baird set a $40.00 target price on shares of Rexford Industrial Realty in a research report on Tuesday, February 17th. Truist Financial lowered their target price on shares of Rexford Industrial Realty from $44.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. JPMorgan Chase & Co. dropped their price target on shares of Rexford Industrial Realty from $42.00 to $39.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Finally, iA Financial set a $45.00 price objective on Rexford Industrial Realty in a research note on Friday, February 6th. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Rexford Industrial Realty presently has an average rating of “Hold” and an average target price of $41.92.

Rexford Industrial Realty Stock Performance

REXR opened at $35.69 on Tuesday. 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 $8.27 billion, a PE ratio of 41.99, a P/E/G ratio of 2.61 and a beta of 1.25. The business has a fifty day simple moving average of $38.78 and a 200-day simple moving average of $40.52. Rexford Industrial Realty, Inc. has a fifty-two week low of $29.68 and a fifty-two week high of $44.38.

Rexford Industrial Realty (NYSE:REXR) last announced its earnings results on Wednesday, February 4th. The real estate investment trust reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.01. The company had revenue of $248.10 million for the quarter, compared to analyst estimates of $249.05 million. Rexford Industrial Realty had a return on equity of 2.37% and a net margin of 21.03%.Rexford Industrial Realty’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $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 predict that Rexford Industrial Realty, Inc. will post 2.38 EPS for the current fiscal year.

Rexford Industrial Realty Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a $0.435 dividend. The ex-dividend date is Tuesday, March 31st. This is an increase from Rexford Industrial Realty’s previous quarterly dividend of $0.43. This represents a $1.74 dividend on an annualized basis and a dividend yield of 4.9%. Rexford Industrial Realty’s dividend payout ratio is currently 202.35%.

Insider Transactions at Rexford Industrial Realty

In other Rexford Industrial Realty news, COO Laura E. Clark purchased 5,310 shares of the stock in a transaction dated Friday, February 27th. The shares were acquired at an average price of $37.73 per share, for a total transaction of $200,346.30. Following the completion of the acquisition, the chief operating officer owned 5,310 shares of the company’s stock, valued at $200,346.30. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David P. Stockert acquired 5,000 shares of Rexford Industrial Realty stock in a transaction that occurred on Friday, February 27th. The stock was acquired at an average cost of $37.39 per share, with a total value of $186,950.00. Following the completion of the purchase, the director owned 6,829 shares in the company, valued at approximately $255,336.31. This represents a 273.37% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 12,960 shares of company stock valued at $486,804 over the last quarter. Company insiders own 1.20% of the company’s stock.

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.