Chilton Capital Management LLC Has $13.15 Million Stock Holdings in Rexford Industrial Realty, Inc. $REXR

Chilton Capital Management LLC lifted its position in shares of Rexford Industrial Realty, Inc. (NYSE:REXR) by 4.9% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 366,025 shares of the real estate investment trust’s stock after buying an additional 17,112 shares during the quarter. Chilton Capital Management LLC’s holdings in Rexford Industrial Realty were worth $13,146,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Nisa Investment Advisors LLC grew its position in shares of Rexford Industrial Realty by 12.5% during the 2nd quarter. Nisa Investment Advisors LLC now owns 55,419 shares of the real estate investment trust’s stock worth $1,998,000 after purchasing an additional 6,174 shares in the last quarter. AlphaQuest LLC boosted its stake in shares of Rexford Industrial Realty by 82.2% in the second quarter. AlphaQuest LLC now owns 13,724 shares of the real estate investment trust’s stock valued at $488,000 after buying an additional 6,192 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its position in Rexford Industrial Realty by 3.8% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 258,815 shares of the real estate investment trust’s stock worth $9,206,000 after buying an additional 9,443 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its stake in Rexford Industrial Realty by 69.0% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 1,834 shares of the real estate investment trust’s stock worth $65,000 after acquiring an additional 749 shares during the period. Finally, First Citizens Bank & Trust Co. raised its holdings in Rexford Industrial Realty by 265.5% in the 2nd quarter. First Citizens Bank & Trust Co. now owns 18,917 shares of the real estate investment trust’s stock valued at $673,000 after acquiring an additional 13,742 shares in the last quarter. 99.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

REXR has been the topic of a number of recent analyst reports. Mizuho raised their price target on Rexford Industrial Realty from $37.00 to $40.00 and gave the stock a “neutral” rating in a research report on Monday, September 8th. Wall Street Zen lowered shares of Rexford Industrial Realty from a “hold” rating to a “sell” rating in a report on Saturday, October 18th. Evercore ISI upped their price target on shares of Rexford Industrial Realty from $39.00 to $40.00 and gave the stock an “in-line” rating in a report on Monday, September 15th. Wolfe Research cut shares of Rexford Industrial Realty from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 20th. Finally, Industrial Alliance Securities set a $40.00 price objective on shares of Rexford Industrial Realty in a research report on Monday, September 15th. Three research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $41.83.

Rexford Industrial Realty Stock Down 1.4%

Shares of NYSE:REXR opened at $42.16 on Friday. Rexford Industrial Realty, Inc. has a 52-week low of $29.68 and a 52-week high of $44.72. The company has a market capitalization of $9.82 billion, a PE ratio of 29.69, a price-to-earnings-growth ratio of 5.02 and a beta of 1.13. The company has a debt-to-equity ratio of 0.37, a quick ratio of 5.59 and a current ratio of 2.95. The company has a fifty day moving average of $41.69 and a 200-day moving average of $37.70.

Rexford Industrial Realty (NYSE:REXR) last issued its quarterly earnings data on Wednesday, October 15th. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.01. Rexford Industrial Realty had a net margin of 33.88% and a return on equity of 3.81%. The business had revenue of $246.76 million during the quarter, compared to analyst estimates of $253.46 million. During the same quarter last year, the business earned $0.59 EPS. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. Rexford Industrial Realty has set its FY 2025 guidance at 2.390-2.410 EPS. On average, equities analysts predict that Rexford Industrial Realty, Inc. will post 2.38 EPS for the current fiscal year.

Rexford Industrial Realty Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be given a $0.43 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $1.72 annualized dividend and a dividend yield of 4.1%. Rexford Industrial Realty’s dividend payout ratio (DPR) is 121.13%.

Rexford Industrial Realty Company Profile

Rexford Industrial Realty, Inc is a self-administered and self-managed real estate investment trust, which engages in owning and operating industrial properties in infill markets. The company was founded by Richard S. Ziman on January 18, 2013 and is headquartered in Los Angeles, CA.