Rexford Industrial Realty (NYSE:REXR) COO Acquires $200,346.30 in Stock

Rexford Industrial Realty, Inc. (NYSE:REXR) COO Laura Clark acquired 5,310 shares of the company’s stock in a transaction dated Friday, February 27th. The shares were bought at an average price of $37.73 per share, for a total transaction of $200,346.30. Following the acquisition, the chief operating officer directly owned 5,310 shares of the company’s stock, valued at approximately $200,346.30. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

Rexford Industrial Realty Stock Performance

Shares of Rexford Industrial Realty stock opened at $37.46 on Monday. The business has a 50-day simple moving average of $39.13 and a 200 day simple moving average of $40.60. Rexford Industrial Realty, Inc. has a one year low of $29.68 and a one year high of $44.38. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.51 and a quick ratio of 2.51. The firm has a market capitalization of $8.68 billion, a price-to-earnings ratio of 44.07, a PEG ratio of 2.71 and a beta of 1.25.

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 firm had revenue of $248.10 million during the quarter, compared to analysts’ expectations of $249.05 million. During the same quarter last year, the firm posted $0.58 earnings per share. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. Rexford Industrial Realty has set its FY 2026 guidance at 2.350-2.400 EPS. On average, research analysts anticipate that Rexford Industrial Realty, Inc. will post 2.38 earnings per share for the current fiscal 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 paid a $0.435 dividend. This represents a $1.74 dividend on an annualized basis and a dividend yield of 4.6%. This is a positive change from Rexford Industrial Realty’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Tuesday, March 31st. Rexford Industrial Realty’s payout ratio is 202.35%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Soroban Capital Partners LP boosted its holdings in shares of Rexford Industrial Realty by 57.2% in the 2nd quarter. Soroban Capital Partners LP now owns 9,191,038 shares of the real estate investment trust’s stock worth $326,925,000 after buying an additional 3,344,677 shares during the last quarter. Norges Bank purchased a new stake in Rexford Industrial Realty during the second quarter worth about $104,116,000. Royal London Asset Management Ltd. bought a new stake in Rexford Industrial Realty in the second quarter worth about $91,671,000. Nomura Holdings Inc. boosted its stake in Rexford Industrial Realty by 19,554.8% in the second quarter. Nomura Holdings Inc. now owns 2,322,806 shares of the real estate investment trust’s stock valued at $82,622,000 after acquiring an additional 2,310,988 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in Rexford Industrial Realty by 19.5% in the fourth quarter. Principal Financial Group Inc. now owns 11,518,739 shares of the real estate investment trust’s stock valued at $446,006,000 after acquiring an additional 1,881,905 shares during the last quarter. Institutional investors own 99.52% of the company’s stock.

Analyst Ratings Changes

REXR has been the topic of several recent research reports. Robert W. Baird set a $40.00 price target on shares of Rexford Industrial Realty in a research report on Tuesday, February 17th. Mizuho lifted their target price on Rexford Industrial Realty from $40.00 to $41.00 and gave the company a “neutral” rating in a research report on Thursday, December 4th. Zacks Research lowered Rexford Industrial Realty from a “hold” rating to a “strong sell” rating in a research report on Wednesday, February 4th. UBS Group set a $44.00 price objective on shares of Rexford Industrial Realty in a report on Monday, November 10th. Finally, Evercore reduced their target price on shares of Rexford Industrial Realty from $41.00 to $40.00 and set an “in-line” rating for the company in a research note on Monday, December 22nd. Three analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Rexford Industrial Realty currently has an average rating of “Hold” and an average price target of $42.31.

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.